A. JUDE AVELINO - PARTNER, AVELINO & HARTLAUB, LLP
An end of year planning opportunity: Donor-Advised Funds
A donor-advised fund (“DAF”) is a separately funded or account that is maintained and operated by a §501(c)(3) organization, which is referred to as a sponsoring organization; consider it a charitable investment account. Once a donor makes a contribution, the sponsoring organization has legal control over it.
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