Charitable Giving & Donor Advised Funds

A donor advised fund is a charitable giving vehicle that enables an individual, family or corporation to make an irrevocable, tax-deductible contribution of personal assets to a charity and at any time after the contribution to recommend grant distributions to qualified charitable organizations.

Donor advised funds provide many benefits that direct donations to a charity may not provide, including:

• The ability to accept and process appreciated, publicly traded securities on which the donor does not have to pay capital gains tax
• Greater investment options (depending upon the fund to which the donation is made) allowing the contribution to potentially grow before it is scheduled to be distributed to charity
• The ability to donate a single block of securities that can be used to benefit multiple charities
• Creation of a legacy that funds multi-year gifts, rather than providing a one time gift
• Generating a tax deduction when contribution is made, but delaying the grants to charity
• Simplicity, as compared to establishing a private foundation or non-profit organization

Contact Zell Law

To discuss your options for charitable giving, call Zell Law at (571) 410-3500 or complete our online form today. With offices in Reston, Virginia, our attorneys advise and represent clients throughout the D.C. metropolitan area and nationwide.