Save on Taxes, Help Others With These 3 Donor-Advised Funds

These charitable funds provide a quick tax deduction

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Vanguard Charitable

Vanguard Save on Taxes, Help Others With These 3 Donor Advised FundsVanguard Charitable appeals to donors with its signature low-cost index offerings that cover a broad range of asset classes.

Vanguard requires a minimum of $25,000 to open an account here, and grants can be made in increments of $500 or more to desired charities. Vanguard charges an administrative fee of 0.6%, which drops for investors that have $500,000 or more in the fund.

As mentioned before, index funds are the investment vehicle of choice in this program, and the donor has total control of the asset allocation.


Article printed from InvestorPlace Media, http://investorplace.com/2013/11/donor-advised-funds-fidelity-vanguard-charitable/.

©2014 InvestorPlace Media, LLC

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