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Using a donor-advised fund is an advanced strategy for doing good while saving on taxes.
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…