Donors Like Donor Advised Funds A Bunch!
The New York Times calls it “bunching.” Donors “bunch” several years of donations into a Donor Advised Fund in one year. They get a tax deduction by itemizing. They then spread out distributions in future years when they won’t be itemizing deductions. Click here for How to Write Off Donations Under the New Tax Plan: Consider ‘Bunching’. (We’re very pleased to note that the Foundation received a whole bunch of new Donor Advised Funds (27!) as 2017 came to a very successful close.)