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Donor Advised Funds can help the community

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Donor Advised Funds can help the community

A Donor Advised Fund (DAF) is money that is owned or controlled by a sponsoring organization where the donor has advisory privileges with respect to distributions. I realize that is not a particularly riveting or enticing opening sentence, but DAFs are getting a lot of attention in the philanthropic world these days, particularly at the end of the year.

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