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Using a donor-advised fund is an advanced strategy for doing good while saving on taxes.
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Many people like doing good by donating to worthy causes. But what if you could maximize your contribution to world-benefitting causes and save money on taxes at the same time? That’s the idea behind donor-advised funds. Donor-advised funds are becoming a big part of charitable giving, with more than $250 billion in charitable assets in 2023, according to the National Philanthropic Trust. So…