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I 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 len
by jdavis703 6y ago
I 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.