Fri, 17 June 2022
Startup Boards -- Using Donor-Advised Funds for Impact Investing Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Donor-Advised Funds (DAF) are funds you set up with your brokerage firm to make tax-deductible contributions to foundations and non-profit organizations you want to support. You receive the tax deduction when you transfer money into your Donor-Advised Fund. The funds continue to grow through investments you choose until you decide to deploy those funds. This investment opportunity lets you donate a larger amount of money to your cause. From there, you can contribute to any cause you like as long as it’s a qualified 501(c)(3) non-profit. A Donor-Advised Fund structure is much lower in cost than a foundation which is expensive to set up and requires a donation of 5% of funds every year. Consider setting up a DAF for your impact investing. For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Feedback please contact info@tencapital.group Please follow, share, and leave a review. Music courtesy of Bensound.
Direct download: Using_Donor_Advised_Funds_for_Impact_Investing.mp3
Category:general -- posted at: 6:00am CDT |