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Charity tips for 2021

December 29, 2021

From donating appreciated stock to establishing a donor-advised fund to contributing part or all of your Required Minimum Distribution from an IRA directly to a charity, there are many ways you can support the nonprofit organizations and causes you care about while also receiving significant tax benefits. However, before you give to any charity, it’s important to conduct background research to make sure the organization is legitimate and that they’re using most of their donations to fulfill their mission. For further research: Fidelity Charitable Gift Fund and Vanguard Charitable: Two relatively lower-cost donor-advised fund options

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