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Donor-Advised Funds

Charitable giving vehicles offering tax benefits

AI overview

Charitable giving vehicles offering tax benefits

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finance

Tech Millionaires Increase Use of Donor-Advised Funds

Donor-advised funds (DAFs) are gaining popularity among technology millionaires seeking tax savings and charitable giving options. The trend is driven by skyrocketing valuations of private firms like Anthropic and OpenAI, alongside companies staying private longer.