Want to give more with less? A tip

Want to give more with less? Consider setting up a Donor Advised Fund (DAF).

A Donor Advised Fund allows you to bundle charitable donations in one year, which has many tax advantages. You don’t have to be super wealthy to gain this benefit, especially since the threshold for deducting charitable donations (as opposed to the standard deduction) is much higher due to recent changes in the tax code. Below is another video that explains how it all works.

Setting up a DAF is pretty straightforward, and you can set one up through most brokerages or financial institutions. You might also consider setting one up through the Presbyterian Foundation.