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Gift & Estate Planning: Donor Advised Funds

Donor Advised Funds
September 2, 2019 Shawn Sweeney

A Donor Advised fund is a simple, flexible way to support the work of charitable organizations you care about, like the Jane Goodall Institute, in a similar way to a charitable investment account.

If you support multiple organizations or you want to secure a charitable deduction now but designate beneficiaries later, a Donor Advised Fund (DAF) may work for you.  They can be established with a number of entities, including community foundations, financial services companies and charities including the Jane Goodall Institute.

HOW IT WORKS

This type of gift may work for you, if

  1. You have extra income or a special taxable event, but desire to make charitable gifts over several years
  2. You have several different charitable interests and want to simplify your giving
  3. You have a private foundation that you want to terminate
  4. You wish to use a DAF to complement a private foundation (perhaps in order to give anonymously).

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