The Best With Your Buck: Donor-Advised Funds, Family Foundations

credit: Hartford Public Library - YOUMedia Hartford Facebook Page

Donor-advised funds and family foundations offer a charitable win-win.

Individuals, couples and families can make a bigger impact while availing themselves of tax breaks and other benefits.

Family foundations are good for managing a lot of money and creating scholarships or grants.

If a foundation becomes too cumbersome to manage, or its assets are depleted, any remaining funds can be transferred into a DAF.

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