The Money Saving Secret of Donor Advised Funds Explained
Have you ever wondered what a donor-advised fund is and how you could use it to maximize your charitable giving and tax benefits? There are a few different ways to give to charity. Donor-advised funds (DAFs) or charitable gift funds are one of the most flexible and efficient tools for philanthropy and financial planning. In this post, we’ll break down exactly how DAFs work, how they compare to private foundations, what assets are best to contribute, and the smart strategies you can use to make the most of your giving.