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Donor Advised Fund

Another financial instrument to consider when contributing to the funds of the Faith is a donor-advised fund (DAF). With a donor-advised fund, you can contribute cash and/or appreciated securities, claim a deduction for that year, and grow your contribution tax free over a number of years. You can establish a DAF at a financial institution or qualified community foundation. Another benefit of the DAF option is a consolidated tax document with all your charitable giving.

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