Donor Advised Funds
Donor Adivised Funds
DEFINITION
A Donor Advised Fund is a program that administers your charity donations. You open a Donor Advised Fund and finance the fund with your denotations of cash and or securities. You then surrender ownership of the fund but keep the privileges of how the money is to be distributed. Charitable Investment Account. At the same time, the funds can be invested in tax free growth and you can allocate how much to which charity you will be giving.
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