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How does a donor-advised fund differ from a private foundation?

April 26, 2017differ Donor-Advised foundation fund private

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How does a donor-advised fund differ from a private foundation?

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Generally speaking, a donor-advised fund reduces the administrative time and costs related to running a foundation, making philanthropy more convenient and economical. Additional benefits include no separate tax filing, no annual excise taxes, more generous deduction limitations, and low administrative fees, among others.