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Donor Advised Fund for Giving to Public Charities

In the charitable giving realm, donor advised funds (“DAFs”) have become increasingly popular and valuable planning vehicles. They offer several advantages, allowing families to optimize their tax planning as they streamline and fulfill their philanthropic goals. Your family could benefit from the flexibility and simplicity of a DAF while supporting the causes that matter most to you.

Donor Advised Fund-Flowchart

To help guide your family conversations about strategic giving, we’ve’ created this Donor Advised Fund Flowchart and checklist. It covers key factors to consider regarding DAFs, including:

  • Charitable goals

  • Tax planning goals

  • Funding strategies

  • Basic mechanics of DAFs

  • Alternative charitable giving strategies

For a broader discussion, consider pairing this checklist with our “What Issues Should I Consider When Establishing My Charitable Giving Strategy?” checklist.

Click here to download the Donor Advised Fund Flowchart

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IMPORTANT DISCLOSURE:

Investment Advice and Financial Planning are offered through BayRock Financial, L.L.C., a Registered Investment Advisor. BayRock does not provide tax or legal advice. The information presented here is not specific to any individual’s personal financial circumstances. To the extent that this material concerns tax matters or legal issues, it is not intended to be used, and cannot be used, by any investor or taxpayer for the purpose of avoiding penalties that may be imposed by law. Each investor should seek independent advice from a tax professional based on his or her individual circumstances. All content from MissionalMoney.com and SaltyAdvisors.com is provided for general information and educational purposes only. This content is based on publicly available information from sources believed to be reliable. Neither Missional Money nor BayRock Financial, L.L.C. can assure the accuracy or completeness of these materials and this information can change at any time and without notice. Use this material only as general guide to further discussion with your Certified Financial Planner™ professional and/or other Financial Advisor(s).

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