3 ms·

> Donor-Advised Fund This sounds more like mumbojumbo to me

• nxzero 10y ago
  It's a common term in this context, but would agree it's not completely Plain English either: https://en.m.wikipedia.org/wiki/Donor-advised_fund https://en.m.wikipedia.org/wiki/Donor-advised_fund
• loeg 10y ago
  It's a common way to claim tax benefit now, but control (to some extent) giving in the future. E.g., * https://www.vanguardcharitable.org/ https://www.vanguardcharitable.org/ * https://www.fidelitycharitable.org/ https://www.fidelitycharitable.org/
  • ernestipark 10y ago
    These are great avenues for any employee that receives equity to 1. maximize their tax savings, 2. give to charities they care about (in the US). Any stock that's held for over a year that qualifies for long term capital gains can be transferred to a DAF like with Vanguard or Fidelity and you won't be taxed on it at all. Especially if you have a set budget for giving to charities this is a great way to maximize your dollar and extend your budget.