DAFs vs. Private Foundations: Which Giving Strategy Is Right for You?

Let’s explore how each of these charitable giving vehicles can help you to maximize your charitable giving in a tax-smart manner and expand your impact.

A woman holds a handful of coins with a new sprout growing out of the pile.
(Image credit: Getty Images)

When philanthropic individuals and families think about their larger giving strategy, they tend to first focus on the “who” and the “how much.” Everyone has different priorities and motivations around which charities and causes to support and what amount they can and should give. But the reality is, how charitable dollars are managed and allocated also plays a significant role in advancing a sound philanthropic strategy and ensuring you maximize sustained giving.

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Mark Froehlich, CPA, MBA
Chief Financial Officer, Vanguard Charitable

Mark Froehlich joined Vanguard Charitable, a 501(c)(3) public charity sponsoring donor-advised funds, as chief financial officer in 2019. As a certified public accountant, he works to oversee the nonprofit’s finance and operations functions. An experienced financial leader, Mark has always maintained a strong connection to the nonprofit sphere. Most recently, he was the chief financial officer at the Philadelphia Foundation.