Learn about the advantages of a Donor Advised Fund (DAF) for your charitable gifts

Key points:

  • If you don’t have enough deductions to itemize on your tax return, you can bunch smaller annual charitable contributions into a single year’s tax return by making a single larger gift to a DAF and possibly benefit from itemizing

  • Donating appreciated assets like stocks to a charity may help you avoid capital gains taxes but may be cumbersome if the charity isn’t set up to accept non-cash donations or your gift amount is small, so DAFs provide a convenient alternative

What Is a Donor-Advised Fund? Pros, Cons & Taxes - NerdWallet

Another successful event!

On July 28, WISE hosted a virtual event that reached participants across the country – a first for our WISE family! Close to 300 signed up to hear Consuelo Mack, host of PBS’s WealthTrack, reveal the best advice she has gleaned from decades of interviewing legendary investors. Read more >

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