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The Compelling Case for Using a Donor-Advised Fund as a Family Foundation Substitute  


Author:  Staff Editors.


Source: Volume 04, Number 03, March/April 2005 , pp.7-9(3)




Family Foundation Advisor

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Abstract: 

Donor-advised funds are frequently recommended to donors as substitutes for family foundations. In truth, these funds offer many benefits to philanthropic families, especially in the wake of increased scrutiny of private foundations and the rising cost of administration and management. Since donor-advised funds are component funds of a public charity, they are easy to establish.

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