If you have a Donor Advised Fund (DAF), please remember to think of FINCA when recommending grants from your DAF. And if your DAF is with Fidelity Charitable, the Greater Kansas City Community Foundation, Schwab Charitable or BNY Mellon, it’s easy to initiate a recommendation right now. Just choose the amount you want to give and the fund advisor, click Next, and you’ll be on your way.
If you don’t yet have a Donor Advised Fund, you might want to investigate them. They are an an excellent way to both simplify your charitable giving and facilitate your strategic philanthropic goals. DAFs allow donors to give cash, stock and other assets where the donor receives an immediate tax deduction when the contribution is made, but can grant specified amounts to the charities of their choice at a later time.