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5 Big Reasons Why Christians Are Using Donor Advised Funds

Donor advised fund usage is on the rise. This rise has been noted by The Wall Street Journal and other periodicals. A recent survey by Fidelity noted the same. It used to be that when someone started to think about becoming “philanthropic,” they set up a private foundation, which involved legal costs and filing an annual tax return. Often the process proved cumbersome. Today, the answer has become donor advised funds for the following 5 big reasons:

Year End Giving—The Time to Plan is Now!

It’s October, but it is year end tax season. I work with people all across the country. Each year, we see people set up donor advised funds in the month of December. In fact, we’ll see 50% of our activity take place in the month of December. While it’s a good thing that we have that kind of activity, it’s also a lesson for those planning now.

How the Aging Population Will Affect Giving

People are getting older. Birth rates are declining. Those are two really big statements that could easily be overlooked. What’s the significance to charities?