Wealthy want more than a tax break from charitable donations
Wealthy Americans think more strategically about their charitable gifting than one might expect. About three-quarters of donors in a new survey said driving forces included an interest in lowering capital gains taxes or being able to give more to charities by using donor advised funds.
Wealthy Americans think more strategically about their charitable gifting than one might expect.
About 90% of donors who contribute to charities through donor-advised funds each year do so for the immediate tax deduction, a new survey of 119,000 of Fidelity Charitable's donors found.
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