A Donor Advised Fund is a charitable giving vehicle created for the purpose of managing charitable donations on behalf of an organization, family, or individual. It is a simplified alternative to creating a private foundation.
Creating a foundation can involve significant startup costs and administrative expenses. Donor Advised Funds receive more favorable tax treatment than private foundations and also allow for anonymity.
By establishing a DAF, you can take advantage of a solution that:
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On the subject of charities, RMR Wealth Management will be hosting the 9th Annual Marc Mayer Memorial Golf Tournament on Monday August 27th, to benefit the Multiple Myeloma Research Foundation. RMR Managing Partner Brian Mayer is a Featured Supporter of the foundation in honor of his late father, Marc.
Please join us for a fun filled day of good food, great golf and lots of laughs at Springdale Golf Club in Princeton, NJ. Click here to read about the MMRF and about the history of this event.
Please visit www.marcmayergolf.org for the details and registration to this year’s event. If you cannot golf, please join us for the Dinner and Awards Ceremony following the golf. If you cannot make either, please help us raise funds by donating an item for the auction, sponsoring a hole or just making a contribution to this great cause.
Please contact John J. Fiorito at 212-785-4377 x224 to find out more about Donor Advised Funds or to take part in the 9th Annual Marc Mayer Memorial Golf Tournament.
John J. Fiorito
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Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication. RMR Wealth Management, LLC does not provide legal, tax, or estate-planning advice. For questions about a specific situation, please consult a qualified adviser.