Generous Entrepreneurs Giving Back With Donor-Advised Funds

Generous Entrepreneurs Giving Back With Donor-Advised Funds
Category: Interviews
Published: August 18, 2021
Updated: December 19, 2023
Views: 343
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Many entrepreneurs and business owners who've made it want to share their success with others. Donor-advised funds provide a simple way to give back to the world. With these funds, which are often called "charitable checkbooks," others do the administrative work of running the fund but the donor makes the decisions about which organizations and causes to support. In this interview with EIX editor Kimberly Eddleston, Kelly Webster of the Richard M. Schulze Family Foundation discusses how donor-advised funds work, their tax advantages and how they differ from charitable foundations.

 


Kimberly Eddleston
Kimberly Eddleston
Schulze Distinguished Professor of Entrepreneurship / D'Amore-McKim School of Business / Northeastern University
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Cite this Article
DOI: 10.32617/686-611cf0d0e8a4f
Eddleston, Kimberly. "Generous Entrepreneurs Giving Back With Donor-Advised Funds." FamilyBusiness.org. 18 Aug. 2021. Web 22 Jun. 2024 <https://familybusiness.org/content/Generous-Entrepreneurs-giving-back-with-Donor-Advised-funds>.
Eddleston, K. (2021, August 18). Generous entrepreneurs giving back with donor-advised funds. FamilyBusiness.org. Retrieved June 22, 2024, from https://familybusiness.org/content/Generous-Entrepreneurs-giving-back-with-Donor-Advised-funds