TRUST COMPANY SERVICES
BBH Donor-Advised Fund Program : Foundations vs DAFs
Private Foundations
- Tax deductions up to 30% of AGI (cash)
- Tax deductions up to 20% of AGI (appreciated Property)
- Extensive paperwork and annual filing
- Legal, accounting, setup costs, and ongoing management fees
- Excise taxes paid on investment income
- All financial details must be available to the public
Donor-Advised Funds
- Tax deductions up to 50% of AGI (cash)
- Tax deductions up to 30% of AGI (appreciated property)
- Minimal, streamlined paperwork
- No setup costs and reasonable annual fees
- No excise taxes, and no required payouts
- Anonymous gifts an option
For more information, contact:
William R. Levy
Director of Philanthropic & Endowment Services
Brown Brothers Harriman Trust Company, N.A.
215.587.6311
bill.levy@bbh.com
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