Friday, August 26, 2005

Donor-advised funds eliminate guesswork

Donor-advised funds eliminate guesswork: "hoda Israelov
Donor-advised funds eliminate guesswork



Question: A couple of fellow volunteers for a local charity told me about a way in which they make their donations, called a donor-advised fund. Initially, they contributed a sum of money, and occasionally they add money or donate stock. Each year, my friends tell the people running the fund how much to give and to which charities. In fact, my friends can change their minds from year to year about where the money goes."

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