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Select the charities and amounts of grants. |
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Select the name of the charitable fund. |
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Deduct gifts of long-term capital gain property at full fair market value. |
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Establish a named fund for $5,000 minimum, with future gifts of any amount added at any time. |
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Donor recognition for grants issued from named funds. |
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Funds receive public charitable status and investment earnings are income and excise tax-free. |
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Eliminate the burdens of maintaining a private foundation. |
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Ability to pass on grant-making participation to children. |
