Have you ever thought about having you own foundation?
A donor advised fund makes philanthropy simple. Donors can create an account with an initial gift and recommend grants to their favorite charities at their convenience. These assets will be invested in a professionally managed portfolio, allowing the account to grow tax free. These accounts have many tax advantages, including avoiding capital gains by donating appreciated securities. A donor advised fund gives you many of the benefits of a family foundation without the trouble of administering one.
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