COMPARISON CHART

  

Donor-Advised Funds

 

Private Foundations

Control You have no control other than requesting funds be given to a particular 501(c)(3) charity. Complete control over the gifting and investment of the funds. Provides training for next generation. Ultimate Legacy Planning for Estates.
Start-Up Time: Immediate Once established provides dynamic philanthropy.
Types of Assets: Usually cash, but could also include:
  • Foreign Securities
  • Rare Coins
  • Gold & Silver
  • Art
  • Classic Autos
  • Real Estate
  • Stocks and Bonds
  •  Usually cash, but could also include:
  • Foreign Securities
  • Rare Coins
  • Gold & Silver
  • Art
  • Classic Autos
  • Real Estate
  • Stocks and Bonds
  • Start-Up Costs: None Legal fees to establish the Foundation, and IRS & State Filing Fees
    Tax deduction limits for gifts of cash: 50% of adjusted gross income 30% of adjusted gross income
    Tax deduction limits for gifts of stock or real property: 30% of adjusted gross income 20% of adjusted gross income
    Valuation of gifts: Fair market value Fair market value for publicly-traded stock, cost basis for all other gifts, including gifts of closely-held stock or real property
    Required Grant Distribution: None Must expend 5% of net asset value annually, regardless of how much the assets earn
    Income Taxes: None Maximum of 2% on income generated through investments.
    Administrative Responsibilities: Recommend grants to favorite charitable causes Manage assets, keep records, select charities, administer grants, file state and federal tax returns, maintain board minutes, solicit Donations to Foundation if desired.

    This website is for information purposes only. It is not intended to create an Attorney/Client Relationship. The information provided is NOT intended to be a complete dissertation on the subject matter. You are advised to seek individual professional consultation and advice on any and all matters covered herein as they apply to your personal situation.
    If you would like to contact Mr. Massarweh, please call 1866-937.9866 or 1866.975.0909 x15

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