Business Daily Media

Donor-advised funds are drawing a lot of assets besides cash – taking a bigger bite out of tax revenue than other kinds of charitable giving

  • Written by Brian Mittendorf, Professor of Accounting, The Ohio State University
Donor-advised funds are drawing a lot of assets besides cash – taking a bigger bite out of tax revenue than other kinds of charitable givingThe total value of assets held by donor-advised funds is soaring.imaginima/E+ via Getty Images

Donor-advised funds, or DAFs, are financial accounts funded by donors to support future charitable work. This kind of giving differs greatly from charitable giving as a whole because it’s much more likely to involve donations of assets like stock,...

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