educe Taxes with Year-End Planning. You can use donations to The American Gift Fund to cut your income tax obligation and perhaps your tax bracket without having to decide at the same time which charities to benefit.Start a Personal Charitable Fund. Fund accounts can be set up as endowments, scholarships or building funds. Once you set up an account, others can contribute to the same worthwhile cause. Avoid the Costs and Complexities of a Private Foundation. Through The American Gift Fund, you can accomplish almost all of the goals you might pursue with a private foundation, but with less expense, greater privacy, and enhanced tax-saving opportunities. Accumulate a Charitable Fund for the Future. If you wish to reward charities later in life, perhaps after you retire and move, you can begin to set money aside now. It may make "tax sense" to complete gifts today and reserve decisions about awarding money until later, when you have more time to focus. Set Up a Corporate Giving Program Without Red Tape. Corporations often wish to share prosperity with their communities. However, only the largest corporations have the resources to administer such programs. With a Fund account, corporations can support their communities and cut through the complexity involved in charitable giving. Add Flexibility and Control to Your Overall Estate Plan. For donors who wish to receive income for life, avoid estate taxes and pass on a legacy of family values, the Fund can be named as the ultimate beneficiary of a charitable remainder trust. For charitable lead trusts it can serve as the interim charitable beneficiary before the assets revert to heirs. In both cases, your heirs can advise the account, thus maintaining control and maximizing the influence of your wealth.
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