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A NY Time Business Section article recently described donor-advised funds as “a trendy philanthropic loophole.”

While the article focused on the tax benefits and timing of setting up a donor-advised fund after a tech company goes public, the larger issue – of appearing to be public-spirited without losing control of your money – was only barely mentioned.

Setting up a donor-advised fund is, often but not always, a way to feel that one is doing good – without committing to a single social issue or cause. 

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