• Wade_Rogers_Forum_Moderator

    Member
    July 13, 2023 at 7:30 am

    Thanks for posting this Mark! The caveat in item 4 is a little known wrinkle regarding the use of a DAF to pay down a donor pledge, which is prohibited by the IRS since the donor already took the deduction when paying into the DAF.

  • carolcareaccountingservices-com

    Member
    July 19, 2023 at 8:48 am

    Great article on DAFs. Claire Axelrad’s legal background helps her explain this complex area. Another interesting caveat is that a DAF cannot be used to make a “bifurcated payment” such as for a ticket to a fundraiser that includes a tax-deductible gift and a portion for non-deductible donor benefits, such as the value of a meal.

Start of Discussion
0 of 0 replies June 2018
Now

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .

Join a space designed to foster support, inclusivity, and respect for every voice.

Ask questions, share experiences, and connect with peers and experts who value your insights. Your contribution is invaluable - forum members bring a wealth of knowledge and experience, crucial for mutual growth and learning. We cherish your expertise and would love to have you enrich our forum! Let's build together, learn together, and support one another.
Visit the Forum!