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Advantages & Disadvantages of Charitable Foundations | Sapling
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Ever thought of establishing a charitable foundation? Enter the simpler, equally impactful option: Donor-Advised Funds. Here's how it works: Set up your fund with firms like Fidelity or Vanguard, a tax-savvy route to support causes you love. Donate stocks or low-cost basis investments – a tax-efficient move that lets you claim a deduction for the full donation value. The magic? You avoid taxes on investment growth, striking a balance between your initial investment and donation value. Once it's
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