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It's possible to "prepay" your charitable contributions into a Donor Advised Fund (DAF) where you retain control of where the money goes. This is a great way to front load your charitable contributions in a high tax bracket year but still be able to give to the charity of your choice years into the future.
By Brent Bement, CPAIt's possible to "prepay" your charitable contributions into a Donor Advised Fund (DAF) where you retain control of where the money goes. This is a great way to front load your charitable contributions in a high tax bracket year but still be able to give to the charity of your choice years into the future.