Donor-advised funds, also known as charitable gift funds or philanthropic funds, allow a donor to make a charitable contribution to a specific public charity or community foundation that uses the assets to establish a separate fund.
Ledebuhr is based in Naperville, Illinois and provides a full range of financial services, including retirement and financial planning, individual money management and
donor-advised funds, among others.
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Donor-advised funds: Many people use
donor-advised funds to give throughout their working lives and continue to use them during retirement.
Unfortunately,
donor-advised funds and most private foundations are ineligible to receive QCDs.
How does the Community Foundation set up these
donor-advised funds?
to reach "
donor-advised funds." (106) A donor advised fund is
James Andreoni examines
donor-advised funds, which are financial vehicles offered by investment houses to provide savings accounts for tax-free charitable giving, and weighs their effects on donations against their tax cost.
If it wasn't already clear that
donor-advised funds are the go-to charitable giving vehicle of the decade, consider The Chronicle of Philanthropy's ranking of the 400 charities that raised the most money from private resources in 2016.
Donor-advised funds and supporting organizations are not eligible.
Make
donor-advised funds an eligible charity for purposes of the IRA rollover law that permits an IRA owner at least 70-and-a-half-years old to exclude from his or her gross income up to $100,000 per year in distributions made directly from the IRA to certain public charities.
Donor-advised funds, IRA distributions and charitable gift annuities might be buzz terms in the nonprofit community, but word has yet to spread to key players in the discussion: donors.
Though less than 1 percent of nonprofit charitable organizations sponsor these "
donor-advised funds," the total value of such funds was nearly $53 billion for Tax Year 2012.
