{"id":1448,"date":"2012-12-21T23:06:46","date_gmt":"2012-12-21T23:06:46","guid":{"rendered":"http:\/\/www.gnof.org\/?p=1448"},"modified":"2019-02-01T11:02:25","modified_gmt":"2019-02-01T17:02:25","slug":"hurry-time-is-running-out-in-2012-to-open-a-donor-advised-fund","status":"publish","type":"post","link":"https:\/\/staging.communify.me\/gnof\/hurry-time-is-running-out-in-2012-to-open-a-donor-advised-fund\/","title":{"rendered":"Hurry! Time is Running Out in 2012 to Open a Donor Advised Fund"},"content":{"rendered":"

Alice Parkerson, vice president of development at GNOF, answers why:<\/strong><\/p>\n

Q: Why are donor advised funds so popular?<\/p>\n

A: It\u2019s because they\u2019re flexible during these uncertain times regarding the future of charitable donations and how Congress will act. It\u2019s safe to assume taxes are going up, but how it will affect charitable donations remains to be seen.<\/p>\n

Q:\u00a0 What are the tax benefits?<\/p>\n

A:\u00a0 \u00a0 They are immediate. If someone opens a donor advised fund today, they can take a full and immediate tax deduction. In fact, you can open a fund with as little as $5,000 and it grows tax-free, minus an administrative fee that\u2019s quite reasonable. Another option is opening a fund with appreciated securities. Avoiding capital gains tax with a gift of highly appreciated stock is a tremendous benefit.<\/p>\n

Q:\u00a0 \u00a0 Do you have to grant the money out of the fund within a certain time period?<\/p>\n

A:\u00a0 \u00a0 No, unlike a private foundation with a mandatory payout,\u00a0 you\u2013and your family members if they\u2019re involved\u2013get to decide when and where to make the grants. Once a donor advised fund is opened, there\u2019s no deadline. One way to look at it is you\u2019re capturing today\u2019s tax benefits for tomorrow\u2019s gifts.<\/p>\n

Q:\u00a0 What are some of the other benefits?<\/p>\n

A:\u00a0 Unparalleled customer service for starters. We have a donor relations manager,\u00a0Allie Betts<\/a>, who will answer any questions you may have on local charities; walk you through Donor Central, our online giving platform; and invite you to participate in our Foundation-sponsored events.<\/p>\n

Call Alice Parkerson today at 504.598.1291 to discuss if opening a donor advised fund is right for you.\u00a0<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Alice Parkerson, vice president of development at GNOF, answers why: Q: Why are donor advised funds so popular? A: It\u2019s because they\u2019re flexible during these uncertain times regarding the future of charitable donations and how Congress will act. It\u2019s safe to assume taxes are going up, but how it will affect charitable donations remains to…<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[149,214,111,193],"class_list":["post-1448","post","type-post","status-publish","format-standard","hentry","category-our-community","tag-donor","tag-donor-advised-funds","tag-grantmaking","tag-tax"],"acf":[],"yoast_head":"\nHurry! 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