Seeking to stimulate its philanthropic business, Bank of America is reducing the minimum contribution to open a donor-advised fund from $50,000 to $5,000, writes Bloomberg. Donors will also be able to ...

As year-end approaches, many individuals and families are reviewing their finances and thinking about how to make their charitable giving more strategic. For those looking to streamline their giving ...

Starting next year, the One Big Beautiful Bill Act sets new limits on charitable-gift tax deductions. To prepare for those restrictions, some experts are recommending that their wealthy philanthropic ...

Donor advised funds are endowment-like funds that are operated by public charities. When a donor makes a gift to a donor advised fund, a separate fund is created for the donor by the public charity ...

As financial advisors, we’ve often recommended that clients set up donor-advised funds. We know the drill: Contribute to the fund and get an immediate tax deduction. But it often takes time for the ...

Retirees who give to charity often feel torn between generosity and the reality of fixed-income budgets and unpredictable tax bills. A donor-advised fund can ease that tension by letting you ...