A popular giving vehicle among affluent Americans is to give to a
donor-advised fund.
When the dairy was sold in 1988, Jack and his wife, Pat, opened a
donor-advised fund at the New Hampshire Charitable Foundation, kicking off decades of support to dozens of New Hampshire nonprofit organizations.
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donor-advised fundThe key feature of a
donor-advised fund lies in the following: "Once the donor makes the contribution, the organization has legal control over it.
If the latter is the case, you might suggest they consider a
donor-advised fund (DAF).
Danforth has been appointed president of Fidelity CharitableA, an independent public charity with a
donor-advised fund program.
The Taylors have joined other alumni, some fraternity and sorority groups, and a state grape growers association in choosing to channel their philanthropy through a
donor-advised fund (DAF) account administered by Cornell.
A
donor-advised fund is an alternative to directly giving to charities or creating private foundations.
You can really take almost anything that's appraisable and of value that is appreciated or capital gain if you sell it directly, and you can use that donation in a
donor-advised fund and continue to be making gifts and supporting philanthropy where your cash might be a little bit tighter," said Hewitt.
In establishing a
donor-advised fund, there are some basic guidelines to follow:
