Donor-Advised Funds vs. Private Foundations
A donor-advised fund is a smart way to achieve your philanthropic goals.
Private foundations that transfer assets here to create a donor-advised fund enjoy immediate excise tax relief, as well as freedom from reporting requirements, a high level of grantmaking flexibility, lower administrative costs and excellent investment performance.
This means more of your foundation’s assets can be used for charitable purposes.
For some donors, having both a private foundation and a donor-advised fund enhances your charitable giving.