Merrill Lynch will start a donor-advised fund in April that will link the New York brokerage firm with a national network of community foundations to boost its charitable-giving assets.

The Merrill Lynch Community Charitable Fund is intended to let private clients making a minimum investment of $25,000 work with individual money managers and specific community foundations. Merrill has signed agreements with 13 community foundations and says it has 60 foundations prepared to sign up.

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