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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Mozambikes, a for-profit social venture, was formed during a road trip across Mozambique. The founders of Mozambikes aim to improve the quality of life among rural Mozambicans by providing low-cost, efficient personal transportation.