Is Converting Your Foundation to a Donor-Advised Fund Right For You?
This survey can help you determine if a donor-advised fund account makes sense for you. Whether you want to convert your private foundation to a donor-advised fund account or are considering one as a complement to your foundation, Schwab Charitable can help.
Leveraging the tax deductibility of charitable contributions can be an effective way to maximize philanthropic impact. For some types of donated property, the deductibility rules are the same whether the property is donated to a private foundation or to a donor-advised fund. For example, a fair market value deduction generally is available for contributions of appreciated publicly-traded stock held for more than one year to either a private foundation or a donor-advised fund account. In other areas, the deductibility rules differ.
1. If this is important, a donor-advised fund may be the more appropriate charitable vehicle for you because it may provide a higher charitable tax deduction. Please consult with your tax advisors.