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Donor Advised Fund

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Donor Advised Fund
A way to structure a charity in which a third party manages the funds donated and gives them to the organization at the request of the donor. That is, a philanthropist (or a family or a foundation) may set up a donor advised fund and direct money to any of a number of organizations. A donor advised fund is a relatively inexpensive way to set up charitable donations while allowing the maximum amount of flexibility for the donor.


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At FJC, in addition to our donor advised fund, we have operated a loan program to provide funds to credit worthy nonprofit organizations since our inception in 1995.
Recently, the use of donor advised funds (DAF) have become an additional alternative to the cost and complexities of a charitable trust or a private foundation.
First, the article briefly comments on the degree of control a donor might exercise with regard to a donor advised fund without causing the fund to lose public charity status.
 
 
 
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