02.26.2009
A donor-advised fund offers an easy way for a donor to make sig nificant charitable gifts over a long period of time. This fund is similar to a private foundation but requires less money, time, legal assistance, and administration to establish and maintain. Because donor-advised funds are public charities, they also enjoy greater tax advantages than private foundations. Cash and appreciated securities can be contributed to a donor-advised fund potentially making use of additional tax benefits. Private businesses and non-publically traded investments may also be eligible depending on the donor advised fund company’s rules and capability. Once funded, the donor-advisor fund consults with a donor about time horizon and risk tolerance to identify an appropriate asset allocation for their donor advised fund.
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02.02.2009
God’s economy is strong… I wrote a couple days ago that we should be paying down our debts in response to the economy’s challenges. As far as our stewardship goes, I think this is a good practical step for us to take. But even great stewards still need to trust God to meet their needs.
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