Making one large donation to a charity is relatively simple, and can often be tax-effective. But what if a client wants to give $1,000 to 10 charities? Or $500 to 20 charities? The paperwork can get more complicated.
One solution is to make a single charitable gift of assets to a donor advised fund; many organizations and financial firms sponsor such an entity. Then the donor can have the fund send money to as many charities as the client likes.
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