Tax Warrior Chronicles

Are Donor-Advised Funds the Right Tool for You?

Posted on Thu, Jul 11, 2019

By: Karolyn Banks, CPA, MT


Donor-advised funds are great tax planning vehicles, especially when you want to make a large tax-deductible contribution but have not identified specific charities to support.  Though many donor-advised funds administrators are available, the one you choose should be driven by your philanthropic goals. Today’s blog covers a few things to consider when making your decision.

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Year-End Giving - Donor Advised Fund or Private Foundation?

Posted on Thu, Dec 21, 2017

By:  Keisha Price, CPA, MT, and Rachel Kieser, CPA, MT


Whether you are a reformed Scrooge or lifelong Bob Cratchit, the spirit of charitable giving fills the air this time of year. And, with tax rates slated to come down as part of tax reform, year-end giving is even more of a focus now as donations could generate more tax savings in 2017 than in later years. Two vehicles for large charitable contributions are Donor-Advised Funds and Private Foundations. But, you may be wondering, “what’s the difference between them, and which is best for my charitable ambitions?”

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