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Question

Which structure fits my giving: a DAF, a foundation, or an LLC?

Answer

For many donors, a donor-advised fund (DAF) is the best starting point. It offers an immediate tax deduction, accepts appreciated assets without capital gains tax, costs less than a private foundation, and lets you grant on your own timeline. A foundation or LLC fits better when you want to grant to individuals, employ staff, or combine giving with advocacy and impact investing.

Related FAQs

Does it make sense to give alongside other donors?

Should I give anonymously or attach my name?

What can philanthropy do for my family, my sense of purpose, and my legacy?
Financial Planning Philanthropy FAQs
Last Updated July 29, 2026
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