DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing Saving By Giving: Donor Advised Fund
Jul 2, 2025
Logan and Allie explore innovative giving strategies that can improve your monthly cash flow. They discuss the advantages of donor advised funds and how donating appreciated stock can offer tax benefits. The importance of genuine generosity paired with careful financial planning is emphasized. Personal updates add a relatable touch, celebrating milestones like graduations and new job opportunities.
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Effective Use of Donor Advised Funds
- Use donor advised funds to donate appreciated stock for a tax deduction when itemizing makes sense.
- Front-load giving into the fund to get a larger immediate tax benefit, then distribute to charities later.
Donor Funds Handle Appreciated Stock
- Donor advised funds allow donating appreciated stock, which charities usually cannot accept directly.
- This method gives immediate tax deductions while the fund distributes cash gradually to charities.
Give with True Intentions
- Ensure your giving aligns with genuine charitable intent, not just tax savings.
- Donating large amounts solely for tax benefits can be counterproductive if you are not truly charitably minded.