Privacy when it comes to donations is a personal preference that changes between each individual. The private foundation can be a good approach for charitable gifting if a person wants to be recognized consistently. Leaving a legacy with naming contributions can create a lasting family legacy. Naming gifts can also make raising even more money for causes easier as the objective becomes clearer while adding social pressure. Donor-advised funds (DAFs) are more flexible in these criteria, as they can provide both public and private recognition. People who want privacy reap the benefits of not having their information or financial status exchanged throughout social groups and other organizations. Each approach stems from benevolent acts, and no one way is correct, as people have different values.
Shelburne, VT Financial Advisor
145 Pine Haven Shores Road, Suite 2212
Shelburne, VT 05482
Chesterbrook, PA 19087
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