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Charitable Giving
Donor-Advised Funds: Weighing the Pros and Cons for Charitable Giving
What are donor-advised funds (DAFs)? They’re one of the fastest-growing ways to give to charity, combining flexibility with potential tax advantages. A DAF lets you contribute assets and receive an immediate tax deduction. You can even recommend grants to your favorite nonprofits over time. In 2024, Fidelity Charitable donors recommended grants totaling $14.9 billion, a 25% increase from the previous year. We’ll explore the benefits of donor-advised funds and the potential dr

Brandon Mull, CFA, CFP®
Apr 247 min read
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