Donor-Advised Funds
What are donor-advised funds?
- Offered through financial-services firms.
- Accept cash, mutual funds, securities, business interest, retirement accounts or even collectibles and personal property such as jewelry. You get a tax deduction for your donation to the fund.
- Once contributions are made, they are invested and grow tax-free.
- When you are ready, you can make a contribution to a 501(c)(3) charity.
Learn more tips about tackling taxes with this video!