Is this the Year to Create a Donor-Advised Fund? Brad Bedingfield and Andrea Richmond
Donor-Advised Funds are the fastest growing vehicles for charitable giving in the United States, and for good reason. They combine the high tax deductions of gifts to public charities with much of the personal involvement and customization enjoyed by those who have their own private foundations. Since 2012, contributions to DAFs have doubled, accounting for more than $7 billion in 2017, and they are set to keep growing.
Read more about how changes in the new tax law impact charitable contributions and why this might be the time to establish a DAF.
About H&B's Sustainability Blog
A blog about sustainability of the multigenerational family. Sustaining family wealth and
prosperity, unity and legacy, family enterprise and family office, philanthropy, and family lands.
Now more than ever, meeting the challenges of sustainable family prosperity and unity requires great thought, care and planning. Our hope is that this blog will inspire creative thinking, underscore significant issues, offer perspective, encourage communication and embolden you to take action toward sustaining your family’s legacy.