A guide to making sure your gift accomplishes what you want it to. From Kiplinger’s Personal Finance: A donation to your favorite charity is more than a gift or a tax break — it’s an investment. Pick an inefficient charity and your contribution will be eaten by administrative costs and fund-raising expenses. You can attach …
Category Archives: Charitable Giving
Do Good With a Donor-Advised Fund
Budding philanthropists can invest their money and give to their favorite charities. From Kiplinger’s Personal Finance: The perfect vehicle for budding philanthropists is a donor-advised fund. Such a fund lets you turn over assets (money, stocks, bonds) to a program run by a financial-services firm, a community foundation or a charitable group. You then advise …