Get all your news in one place.
100's of premium titles.
One app.
Start reading
Kiplinger
Kiplinger
Business
Mark Froehlich, CPA, MBA

The Secret to Supercharging Your Charitable Giving: Low Fees

Cash appears to grow among grass.

Charitable giving vehicles can be powerful tools in maximizing philanthropic impact. Private foundations, charitable trusts and donor-advised funds (DAFs) all allow donors to invest charitable assets for growth, expand the assets they can give to charity, and help with due diligence around selecting causes and organizations to support. This kind of strategic support requires oversight and administration — both of which carry a cost.

Many factors influence your ability to earn a return. That’s true across all kinds of investing, including charitable investing, where "return" equates to "charitable impact" for the causes philanthropically minded investors care about. While we can't control markets or the economy, we can control the costs we pay in managing or allocating our charitable dollars.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.