Tag: philanthropy
-
Non profit types
—
by Kamala Srinivasan, Founder and CEO of Upahara
Have you ever wondered what are those 510c(3), 501c (4)in the non-profit’s tax exempt status meant for? The tax exemption organizations range from public charities and private foundations to trade associations and pension funds. The types are listed down for your reference. If you are a donor and looking to engage with non-profits of different…
-
Donor Advised Funds (DAF)
—
by Kamala Srinivasan, Founder and CEO of Upahara
A Donor-Advised Fund (DAF) is a philanthropic vehicle that allows individuals, families, or organizations to make charitable contributions, receive an immediate tax deduction, and recommend grants to charitable organizations over time. DAFs are popular because they offer a flexible, tax-efficient way to manage charitable giving. Here’s a detailed overview of how DAFs work and their…