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

‘It’s a miracle’: Virginia toddler walks again after being shot in the head during drive-by shooting

Lavier Robinson was shot in the head two months ago at a Henrico Home on Winston Street just after 6 […]

6 killed, including 3 children, in I-95 crash in Georgia

Six people are dead following a head-on collision on I-95 early Sunday morning. […]

Fans heckling Astros spring opener get signs stolen

WEST PALM BEACH, Fla. (AP) — Fans hoping to heckle the sign-stealing Houston Astros at their spring […]

Cases rise in S Korea, China, as Iran, Italy battle outbreak

SEOUL, South Korea (AP) — South Korea and China both reported a rise in new virus cases on Sunday, a […]

Nassar victim slams Michigan for response to doctor abuse

ANN ARBOR, Mich. (AP) — The first woman who publicly accused convicted sports doctor Larry Nassar of […]

Post Calendar

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