Choosing Between a Private Foundation vs. Donor-Advised Fund
With the Tax Cuts and Jobs Act, you've read about how charitable planning can provide higher tax savings. But you may be asking yourself if you should set up a private foundation or donor-advised fund. So, which one is the better option? It really depends on a multitude of issues, and we'll explore the reasons why you may prefer one over the other.
In 2019, the standard deduction is $12,200 for individuals, $18,350 for heads of household, and $24,400 for married couples filing
