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Is there any way to do this easily from a legal and contractual perspective? The other piece here is that if it's a loan you miss out on tax deductions, thereby
by ernestipark 6y ago
Is there any way to do this easily from a legal and contractual perspective? The other piece here is that if it's a loan you miss out on tax deductions, thereby potentially reducing the total amount you could give. That also limits the more tax-advantaged ways you can give money (e.g. long term appreciated stock if you're in the US).
- jdavis703 6y agoI imagine someone donating millions is using a donor advised fund to do the lending. By using a fund, they can recognize the donation for tax purposes while lending the money to a separate non-profit.
- lazyasciiart 6y agoI'd be surprised if any donor-advised fund could or would do this. You don't have control over that money once you donate it, you can only ask for it to be granted to a nonprofit.