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Donor Advised Funds
Getting Started: Donor Advised Funds
Gone are the days when only people with millions of dollars and names like Rockefeller, Kennedy or Gates could establish family foundations from which to spread their wealth. Now mainstream Americans with a fraction of the resources can take an active role in benefiting their communities through donor advised funds.
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The Fund That Listens to You
A donor advised fund is a dynamic gift option that is growing in popularity. For donors who want to stay involved in advising on the use of their gift, a donor advised fund offers participation without being as restrictive or as expensive to establish as a private foundation.
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Give Yourself the Gift of Choice
In the past, private foundations provided a strategy for channeling your charitable donations among several of your favorite organizations. The complexity and costs of establishing and maintaining a private foundation, however, have given way to a simpler, more cost-effective method of giving that produces similar results.
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Is a Donor Advised Fund Right for You?
Donor advised funds are an increasingly popular method for individuals and families to manage their charitable giving. In fact, some people have started using their donor advised funds as a kind of "family foundation" to involve the entire family in philanthropy.
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The Gift With a Voice
Donor advised funds, one of the fastest growing segments of philanthropy, offer many of the advantages of a private foundation without all the costs and administrative requirements. As the name indicates, the donor can provide advice on which charitable groups receive gifts from the fund. And the tax benefits are generous.
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