Brenda Vingiello, CFA’s Post

A donor-advised fund (DAF) is a charitable giving vehicle administered by a public charity that allows a donor to: → Contribute, → Receive an immediate tax deduction, → And recommend grants to charitable 501(c)3 organizations from the fund over time. Here are three key considerations about DAF'S to speak with your advisor(s) about: ► Clarifying your charitable goals and intentions: Make a list of the organizations you would like to support and be able to articulate your goals to help guide your decisions. ► The amount to contribute to your DAF: What can you afford to give and what will be your expected tax benefit? ► Coordinate with your tax professional: For example, to maximize deductions, it often is best to bundle several years’ worth of contributions into one tax year. There are several other considerations when using a DAF that will help you make the most of their benefits. Learn what they are here: https://lnkd.in/gZbiKaZW #donoradvisedfund #yearendgiving #501c3 #philanthropy