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Donor-Advised Funds

A donor-advised fund is like a charitable investment account that’s only purpose is to support the charitable organizations you support, like African Vision of Hope.

When you invest cash, securities or other assets to a donor-advised fund, you are generally eligible to take an immediate tax deduction. Those funds can be invested for growth that is tax-free, and you can donate your investment to any IRS-qualified charity. Donor-advised funds are becoming more and more popular because they are one of the easiest and tax-beneficial ways to give to charity. This also ensures that your donations are being as effective as possible.

You can donate cash, stocks, or non-publicly traded assets like real estate, private company stock, and private company business interests and get a tax receipt while also being eligible for an immediate tax deduction. Your donation can potentially grow based on your investment choices, which increases the money you can give to your charity of choice. You can create donor-advised funds through financial institutions such as Fidelity, Vanguard, Edward Jones and more.

So, to summarize, donor-advised funds are a simple, flexible and tax-efficient way to give to African Vision of Hope. Ask your financial professional about creating a donor-advised fund today!

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