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IRS Approves Donor-Managed Account Arrangement—Again  


Author:  Staff Editors.


Source: Volume 04, Number 02, January/February 2005 , pp.10-10(1)




Family Foundation Advisor

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Abstract: 

For some time now there has been much attention paid in the financial press and elsewhere to what is said to be a new planned giving vehicle, the donor-managed account. A Connecticut consulting firm obtained a private letter ruling from the IRS approving the concept and is reported to now be applying for a patent on the idea.

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