Donor advised fund

Smarter Ways to Give to Charity

Many people scramble to make charitable contributions before Dec. 31 to get a tax break, but that may not be the best move for either their finances or charities.

Donor-Advised Funds: A Timely, Tax-Wise Way to Give to Charity

Time is running out to make tax-deductible charitable contributions for 2012. If you'd like to donate at least $5,000 before the end of the year, you may want to consider doing it through a donor-advised fund, which provides special tax bonuses, flexibility and anonymity.