As you begin year-end tax planning for yourself (or your clients), please keep Asset Advisors in mind as a resource regarding charitable giving strategies. The changes coming in 2026—particularly the new .5% “floor” on charitable contributions and cap of total itemized deduction to 35%— may make it worthwhile for some people to accelerate their giving for this year. A Donor Advised Fund (DAF) is a way to contribute assets to a sponsoring organization, get an immediate tax deduction for 2025, and then direct grants to charities over time, while your fund grows.*
One group who often benefits most from giving to a DAF are late-career high earners. By “prefunding” multiple years of charitable gifts through a DAF, you can take advantage of these deductions while still in a higher income bracket – before retirement lowers your taxable income. This way, you still have many years of compounded growth in a charitable fund to support the non-profits important to you.
Other clients we have helped with this approach are those who have uncharacteristically high income in one year, from receiving a large bonus or selling a company.
Asset Advisors manages a number of DAFs through the Community Foundation of the CSRA. Partnering with the CFCSRA allows our clients to receive a high-touch, local service experience that we’ve found the larger custodians (Schwab, Fidelity, etc.) simply can’t match. And though the fund is administrated by the CFCSRA, you choose the charities you wish to support at any time during the year.
If you are interested in learning more, or if you know of someone who would benefit from this strategy, we would be happy to discuss how we can help structure and manage those funds under the oversight of the Community Foundation. Give us a call at 706-650-9900. Invest in what matters.
Read more about the Community Foundation of the CSRA
*Investing involves risk, including the possible loss of principal.
The information in this communication is educational and general in nature and should not be construed as specific investment, tax, or legal advice. Individuals should seek advice from their wealth advisor or other advisors before undertaking actions in response to the matters discussed. No client or prospective should assume the above information serves as the receipt of, or substitute for, personalized individual advice. This represents the current opinions of Asset Advisors and presents information that may change. Nothing contained in this content may be relied upon as a guarantee, promise, assurance, or representation as to the future. All tax laws and regulations discussed are subject to change. Investing involves risk including loss of principal. The appropriateness of a particular investment or strategy will depend on an investor’s individual circumstances and objectives. This is prepared using third party sources considered to be reliable; however, accuracy or completeness cannot be guaranteed. The information provided will not be updated any time after the date of publication. Services and investment advice are only provided pursuant to an advisory agreement between Asset Advisors and its client.
