Enhancing Your Corporate Giving Strategy with a Donor-Advised Fund

Published On: August 30, 2024Categories: Financial EducationTags: , , , , ,

Corporate giving is a powerful way to foster positive change in communities while reinforcing your company’s mission and values. A corporate donor-advised fund (DAF) is an excellent tool for businesses looking to streamline their charitable efforts. It offers significant tax benefits, ease of management, and the flexibility to support your preferred causes over time.

A DAF allows your company to take an immediate tax deduction on contributions, avoid capital gains tax on long-term appreciated assets, and create a lasting legacy of giving. Unlike private foundations, DAFs are cost-effective and require less administration, making them an attractive option for businesses of all sizes.

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