Donor Advised Funds and Foundations

Donating money to charities can be a great way for a family to make an impact on their community, and to create a lasting legacy.  Charitable donations can also make sense as a way to eliminate tax liability.

Many times, when a family is considering a donation to charity, the donation they will fund the donation with a gift of appreciated securities – stocks or properties at a low cost basis, which would create a large tax liability if sold normally.  Sometimes a family will make direct donations to a charity, whether its immediate or in the future through a charitable trust.  However, sometimes a family will want to create a general purpose charitable fund to make donations to different charities across many years, potentially even generations.  In these situations when flexibility and long giving lifecycles are desired, there are several vehicles a family can use.  Some of the most common are the donor advised fund (DAF) and the Private Foundation. Learn more…

Leave a Reply

You must be logged in to post a comment.

Virginia Beach

Welcome to our web site where we bring you news, financial info and weather updates for Virginia Beach. Along the way we will give you some interesting reads on other topics as well.

Feed Readers

Virginia Beach News

Navy selects Newport News Shipyard to provide logistics support for surface ships and submarines

NEWPORT NEWS, Va. (WAVY) – Huntington Ingalls Industries’ Technical Solutions Division was chosen by […]

Stimulus aid for ‘small business’ will go to some big chains

IOWA CITY, Iowa (AP) — As the federal government prepares to launch a $349 billion loan program mean […]

‘Unprecedented’ small business loan program ramping up Friday

RICHMOND, Va. (WRIC)- The largest ever small business loan program is ramping up on Friday, accordin […]

Lawmakers pressure administration to expand child care services

WASHINGTON (NEXSTAR) — Some of us can’t stay home; health care workers, first responders, grocery st […]

‘Surreal’: NY funeral homes struggle as virus deaths surge

NEW YORK (AP) — Pat Marmo walked among 20 or so deceased in the basement of his Brooklyn funeral hom […]

Post Calendar

May 2018
M T W T F S S
« Apr    
 123456
78910111213
14151617181920
21222324252627
28293031