Why People Use a Donor Advised Fund: What the Data Shows
People use donor advised funds to achieve different goals, from support of cherished nonprofits to gifts in response to particular needs.
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People use donor advised funds to achieve different goals, from support of cherished nonprofits to gifts in response to particular needs.
Read MoreThe easiest way to simplify your giving, maximize how far your dollars go, and align your giving with your values is to use a Christian donor advised fund at The Signatry.
Read MoreA donor advised fund can help streamline your charitable giving, provide flexibility with your tax deduction strategies, and create a central space to discuss generosity with your family.
Read MoreAs we enter the 4th quarter, many nonprofit leaders look for more ideas to raise funds before the end of the year. We recently shared three reasons why nonprofit fundraisers…
Read MoreThere’s a difference between being charitable and being generous. Recently, I read in an article that donor advised funds, or DAFs, primarily appeal to wealthier donors who have “disposable dollars…
Read MoreAs donor advised funds (DAFs) increase in popularity, more financial advisors are working hard to help their clients understand what these tools are and how they can work. The most…
Read MoreFor advisors, recent numbers from the 2021 Bank of America Study on Philanthropy indicate an alarming need for charitable advising from affluent donors.1 It also suggests a growing interest from…
Read MoreAs the fastest growing vehicle in charitable giving, donor advised funds (DAFs) have become a major part of the philanthropic landscape in America1. There are numerous features that have contributed…
Read MoreThis article is guest-written by the Regional Ministry Director of the Middle East for Avant Ministries, a full-time missionary, former lecturer and pastor, linguist, and husband who has a heart…
Read MoreAs a ten-year-old missionary kid in Kenya, Rachel McDonough watched children her same age crawl over garbage piles scrounging for food. That image stayed in her memory for life. Now…
Read MoreWould you buy a car before taking it for a test drive? A few years ago, I was in the market for a new car, and with three kids in…
Read MoreIt happens time and again. While most owners have 80-90% of their assets locked up inside of their business, it’s remarkable how unprepared many of them are at the point of…
Read MoreI love studying history. From recent events to ancient biblical history, it is important to know how we have arrived at where we are today. Therefore, I would like to…
Read MoreYou have worked hard to build your business. You have put in the work, stood firm through the tough times, and rejoiced in the triumphs. You have seen your business…
Read MoreWhen it comes to charitable giving, it often seems like the world’s wealthiest individuals have it figured out. With so many assets to manage, these donors know how to support charitable causes while capitalizing on the tax benefits of the giving process, right? Unfortunately, not all get it right. In July, an article in Forbes announced that Warren Buffett is donating $3.6 billion of his Berkshire Hathaway stock to charity. It also offered advice on how other donors could maximize their giving by following in Buffett’s footsteps. The problem? Buffett is primarily giving the stock to private foundations. Consequently, he is missing out on significant tax benefits he could receive if he utilized a donor advised fund (DAF) instead. There are important differences, when it comes to tax benefits, that all donors and advisors should consider.
Read MoreMost financial advisors, attorneys, and CPAs know the benefits of using a donor advised fund (DAF). However, DAFs are still often underutilized by the public. While many may have used…
Read MoreTwo of the most popular charitable vehicles are donor advised funds and private foundations, but which is best to use in your generosity journey? That depends. Nearly $70 billion in…
Read MoreEvery year natural disasters affect thousands of people, from devastating storms and tornadoes to wildfires and earthquakes. Victims are often left in need of shelter, food, clean water, electricity, and…
Read MoreSomeone who has never opened or used a donor advised fund (DAF) may wonder whether it is similar to opening and using a bank or brokerage account. Having done both…
Read MoreDonor advised funds are making the news. An October 3, 2018, Bloomberg article chronicles their rise. More than half of the top ten charities in the country are donor advised…
Read MoreAn October 4, 2018, article by Bloomberg noted that donor advised funds have tripled in growth to more than $85 billion in assets by year end 2016. The rise of…
Read MoreHello! I’m Steve French and I’m President of The Signatry. In my work in Nashville and the rest of the country, I devote my time meeting with advisors, attorneys, individuals,…
Read MoreLeave an inheritance to grandchildren? Steve was incredulous. He’d never considered it. Yet when he read Proverbs 13.22, it was like he’d read the verse for the first time: “A…
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