marotta
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Joined: 19 Nov 2004
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| Donor Advised Funds (2007-02-12) |
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Donor Advised Funds (2007-02-12)
by David John Marotta
Donor Advised Funds offer the charitably inclined new flexibility for managing gifts to charity. By funding an account, donors receive an immediate tax deduction for their contribution and gain the flexibility to direct payouts to charity on their own timetable.
However, donor advised accounts are not for everyone. Before funding an account of your own, consider the cost. Using a donor advised fund to manage your charitable donations may actually diminish the tax benefits of giving.
Read the complete column at http://www.emarotta.com/article.php?ID=217
David John Marotta
Marotta Asset Management, Inc.
Fee-only Financial Planning
http://www.emarotta.com
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