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Donor advised funds and lookthrough
Donor advised funds and lookthrough













And in the face of this transfer there is evidence that many financial advisors are not fully prepared to successfully navigate this intergenerational movement. This massive transfer of wealth between generations presents significant challenges for many of your clients who now own these assets, for their heirs and for the charities who will be beneficiaries of this wealth. At its peak, between 20, 10 percent of the total wealth in this country is expected to change hands every 5 years.

donor advised funds and lookthrough

The statistics paint the picture: An estimated $59 trillion will pass from an aging generation to younger generations by 2061, including $21 trillion destined for charities.

donor advised funds and lookthrough

Costs, tax implications and family considerations surrounding DAFs are also included, as is a comparison of DAFs to private foundations.Īmericans are currently experiencing the greatest transfer of wealth in history. This article removes the mystery of DAFs, describing how they are set up, their advantages and disadvantages to clients, and ways to find a sponsoring organization. We’ll also provide questions you can use to ask a sponsor. Yet financial advisors often avoid discussing them because they don’t have the information they need. Learn more at or by calling 1-800 810-0366.ĭonor advised funds (DAFs) are a simple, affordable and flexible charitable giving tool within the reach of many Americans. Formerly CFO for the Cleveland Foundation and co-founder of the American Endowment Foundation (AEF), Phil is now dedicated to creating unique experiences for donors and financial advisors at iGiftFund. Tobin is chairman and co-founder of the Hudson, Ohio-based iGiftFund, a national, independent sponsor of donor advised funds. By Phil Tobin, Chairman/President iGiftFundĪn early pioneer of donor advised funds, Philip T.















Donor advised funds and lookthrough