You are browsing: Jeff Angus
Donor-Advised Funds: Non-Transparent Tax Shelters for Good
Nonprofits are probably most familiar with donor-advised funds (DAFs) at community foundations: a donor gives, let’s say, $1 million to a community foundation and gets a $1 million tax deduction that year. Over the next several years, the donor …
Donor-Advised Funds Background
This brief introduction to donor-advised funds (DAFs) accompanies the Blue Avocado article “Donor-Advised Funds: Non-Transparent Tax Shelters for Good.” In 1931, a New York community foundation created the first donor-advised funds (DAFs). But a …