From the WSJ: Tax-Smart Philanthropy Made Easy

The Nature Conservancy is one group that has received grants from the Vanguard charitable fund. Heather Perry for The Nature Conservancy

The Nature Conservancy is one group that has received grants from the Vanguard charitable fund. Heather Perry for The Nature Conservancy

From the Wall Street Journal:

What do the bull market, booming mergers and acquisitions, and possible changes to the tax laws have in common?

They all signal that it is a good time to open a charitable-gift fund—or add to one that already exists.

Also called donor-advised funds, the accounts offer charitably-minded investors an easy, low-cost and tax-favored way to manage their giving—and even to maximize it.

“My donations have been 10 times what they would have without this fund,” says Chanchal Samanta, a tech executive who lives in the Boston area and has a six-figure charitable-gift account he started 20 years ago.

Read the rest of this article on the Wall Street Journal’s website by clicking here.