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What are the key benefits of a donor-advised account?

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You receive immediate tax deductions for your gift, but you can make grant recommendations throughout your lifetime and even pass the privilege to a successor. A donor-advised account also offers a convenient way to divide one large gift, such as a block of appreciated stock, into many smaller gifts to a number of charities. The paperwork that many benefactors find onerous is eliminated with a donor-advised account as are the expenses that can make foundations burdensome.

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