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Private Foundations and Donor Advised Funds

Private Foundations and Donor Advised Funds

Can two planning vehicles park in the same garage?

Donor advised funds (DAFs)1 and private foundations (PFs)2 are often compared and contrasted. Those individuals making the comparisons often quickly conclude that a DAF is the better choice. More and more, it seems that DAFs are becoming the reflexive recommendation of many advisors. Almost before a client describes her charitable desires&mdash

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