Tax Benefit of Giving
Donor-advised funds enable donors to realize some of the greatest potential tax advantages associated with charitable giving.
Contributing to a charitable gift fund can help to:
- Reduce Income Taxes, by receiving an immediate tax deduction for contributed assets to offset taxable income
- Avoid Capital Gains Taxes on the contribution of appreciated assets
- Reduce Estate Taxes by removing contributed assets from your taxable estate
In addition, unlike private foundations, donor-advised funds have no tax on investment income and no additional tax filing requirement for individual donor-advised accounts.