Donor-Advised Funds: The Perfect Vehicle for Charitably Minded People Worried about Changing Tax Rules

Posted Saturday March 23, 2013 by admin

Here at the Madison Foundation, we know that not everyone understands the benefits and mechanics of donor-advised funds. So, when we saw the fantastic article MarketWatch.com just wrote about the many tax, financial, and philanthropic advantages provided by these unique charitable vehicles, we just had to share it with you.

donor-advised fundsThe article explains the many advantages of donor advised funds:

  • Simple to open and inexpensive to operate
  • Improve  retirement planning
  • Simplify charitable gifting
  • Immediate tax deductions
  • Avoid capital gains taxes
  • Avoid estate taxes
  • Accounts grow tax free

The MarketWatch article goes on to explain five strategies that charitably minded folks can take with their donor-advised funds. You can read the entire article here—we think you’ll find it interesting.

The Madison Foundation Can Help with Your Donor-Advised Fund
If you think a fund like this might help with your long-term charitable goals—and reduce your taxes besides—let’s talk! No obligation, of course. The Madison Foundation would be pleased to help set up your donor-advised fund under our management.

To speak with someone at the Foundation, please call (203) 245-2796, or email us.

Thanks—and happy spring!

Nancy Gerson
President
Madison Foundation

Comments are closed.