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Donor Advised Fund |
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Donor Advised Fund A private fund administered by a third party and created for the purpose of managing charitable donations on behalf of an organization, family, or individual. Notes: Donor advised funds have become increasingly popular. They offer the donor ease of administration, while still allowing him or her to maintain significant control over the placement and distribution of charitable gifts. Companies are able to offer this service to clients with fewer transaction costs than if the funds were handled privately.See also: Endowment How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Donors investing the usual minimum contribution of $10,000 in donor advised funds receive an immediate tax deduction that is more generous than the write-off on contributions to private foundations. This allows donors to efficiently elect to support - in part or fully - one or more of these proposals via a donor-suggested grant from their Donor Advised Fund. Built on a fully web-based platform Stellar Financial solutions power some of the most advanced Donor Advised Fund, Endowment and Planned Giving programs in the nation and provide back-office processing for over $4 billion in client assets. |
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Donor Advised Fund
