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, [...]
Why the net amount in my donor advised fund account is different from the amount of my charitable deduction?
This difference is typically due to interim market fluctuations and liquidation costs. Consult your tax advisor to determine your charitable tax deduction.
How are capital gains treated for gifts of appreciated securities?
Since iGiftFund is a public charity, you pay no capital gains tax on the securities that you contribute to your donor advised fund. We typically pay no capital gains tax when we sell gifted [...]
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 [...]
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 [...]