Tax benefits

What does it mean to “advise”?

Tax laws for donor advised funds require that you relinquish ownership and control over contributed assets. However, as a donor advisor, you retain the privilege to advise iGiftFund on: how your fund is named, how the funds are invested, how the funds are granted, and how your fund will carry on after your death. “Advising,” [...]

2020-04-16T19:39:07+00:00April 16th, 2020|

Can I contribute complex assets, such as privately held securities, real estate, and life insurance policies?

Yes. We have extensive experience in accepting complex and hard-to-value assets. Please contact us early in your planning process. Our experience in accepting complex assets is among the longest in the industry. Partnering with the leading organization in the country in processing gifts of complex assets, we will work with you and your trusted advisors [...]

2020-04-16T19:36:59+00:00April 16th, 2020|

What tax benefits do I receive from a Donor Advised Fund?

Because of iGiftFund’s public charity status, your contributions qualify for the highest tax benefits available: You receive an immediate and maximum income tax deduction. You avoid capital gains tax. Your fund is not subject to estate taxes. Assets in your fund can grow tax free. If you are subject to the alternative minimum tax (AMT), [...]

2020-04-16T19:36:30+00:00April 16th, 2020|
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