Donor Advised Funds

Donor Advised Funds have become very popular.  The process is fairly easy.  You receive an immediate tax deduction for the amount you place in the fund.  The account can grow tax-free.  There's the flexibility for you to recommend distributions to the United Methodist causes you would like to support.  Also, there is no capital gain taxes on gifts of appreciated securities placed into your fund.  In essence, you have your own charitable giving account.  Because there can be more than one donor and a successor advisor, families can establish a legacy of stewardship that will last for generations.