Startup Funding Espresso -- Using Donor-Advised Funds for Impact Investing
Startup Boards -- Using Donor-Advised Funds for Impact Investing Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Donor-Advised Funds (DAF) are funds you set up with your brokerage firm to make tax-deductible contributions to foundations and non-profit organizations you want to support.\xa0\xa0 You receive the tax deduction when you transfer money into your Donor-Advised Fund.\xa0 The funds continue to grow through investments you choose until you decide to deploy those funds. This investment opportunity lets you donate a larger amount of money to your cause.\xa0 From there, you can contribute to any cause you like as long as it\u2019s a qualified 501(c)(3) non-profit. A Donor-Advised Fund structure is much lower in cost than a foundation which is expensive to set up and requires a donation of 5% of funds every year.\xa0 Consider setting up a DAF for your impact investing. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .