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Tax Tip #7: What is a Donor-Advised Fund?

How can a donor-advised fun provide you with tax benefits? A donor-advised fund is like a personal charitable investment account. It lets individuals maximize their itemized deductions while they contribute to the not-for-profit organizations of their choice. But how exactly does a donor-advised fund work?

Talk to your tax advisor about whether the donor-advised fund could be a beneficial option for you.

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As we approach 80 years, Ellin & Tucker remains firmly in the room, driven by a legacy of excellence in teamwork, leadership, and service. Our strength has always been in our people, and together, we’ll continue to stand with the next generation of difference-makers and leaders, ready to shape the future.
Aileen Eskildsen, Chief Executive Officer

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