Category Archives: Donor-Advised Funds

Qualified Charitable Distributions from an IRA… to a DAF?

Qualified Charitable Distributions from an IRA… to a DAF?

Donors over age 70 ½ might be interested in making a Qualified Charitable Distribution (QCD) from their IRA. That’s understandable. A QCD allows taxpayers age 70 ½ or older to exclude up to $100,000 from their taxable income each year. This has the benefit of reducing adjusted gross income (AGI). Qualified Charitable Distributions also count towards the annual required minimum …

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The Bunching Strategy for Charitable Giving

The Bunching Strategy for Charitable Giving

If you read the popular press, you’ve probably read or seen headlines about the “bunching” strategy. This strategy has become increasingly popular as people adjust to the new standard deduction, which was doubled for tax years beginning with 2018. It’s a strategy that might be of particular interest if you are charitable and seek income tax minimization (don’t we all).…

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The Portfolio Approach to Planned Giving

The Portfolio Approach to Planned Giving

When formulating your estate, gift and income tax plan, first and foremost define your goals. If one goal is furthering your philanthropy, any of three broad planning categories, each with its own set of techniques and vehicles, are available to achieve a combination of your charitable, tax, and other financial goals.

The three broad categories of charitable planning techniques are …

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Safe for Conservative Givers? DAFs and Donor Intent

Safe for Conservative Givers? DAFs and Donor Intent

Maggie knew she wanted a donor-advised fund to help manage her charitable giving. She also knew she wanted one that matched her conservative principles.

Thoughtful givers like Maggie don’t simply think about how they will give, or even just about why they give. A thoughtful giver wants purpose and means to intersect. In doing so, her giving has more power.…

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Starting Over with a Donor-Advised Fund

Starting Over with a Donor-Advised Fund

An accurate, albeit overused phrase is “to wipe the slate clean”. While perhaps outdated in its technology (what 25-year-old has ever experienced a classroom ‘slate’?), the reference to starting over again is clear.

I’m sympathetic to the notions of grace, forgiveness, success and failure that provide the basis for the philosophical concept of starting over (again).  But, let’s be honest, …

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The Rich-Only Myth: DAFs as a Tool for All

The Rich-Only Myth: DAFs as a Tool for All

When I first visited the Stephenson’s home outside of San Francisco, I thought I had the wrong house. After circling the block and returning to the same modest house that supposedly belonged to a long-time, not-insignificant client, I realized something.

The house was right. My mindset was wrong.

Donor-advised funds often get cited as a tool for the wealthy – …

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Keep the Relationship, Change the Means in Your Giving

Keep the Relationship, Change the Means in Your Giving

“But I worry about giving up the relationship I have with the groups I support.”

More than a few people express this fear when we are discussing the benefits of a DonorsTrust donor-advised fund. I understand the sentiment. After years of directly supporting certain groups, it feels strange to jump to a more indirect approach.

However, using a donor-advised fund …

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Specialization Can Save Your Plumbing and Philanthropy

Specialization Can Save Your Plumbing and Philanthropy

I spent much of my pre-July Fourth celebration in my basement, dealing with a backed-up sewer line. It’s not exactly what I had planned, but, alas, it’s been an ongoing issue for a few years. And, well, y’know “stuff” happens.

There is no metaphor here for philanthropy, per se. Nor for donor intent or issues affecting DonorsTrust’s principles of limited …

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