Wealth
Donor-Advised Fund or Private Foundation? How High-Net-Worth Donors Should Choose
High-net-worth donors must choose between a donor-advised fund (DAF) and a private foundation, weighing the trade-off between operational control and administrative simplicity. The optimal choice depends on individual priorities regarding investment control, grantmaking flexibility, tax benefits, and tolerance for administrative complexity.
Samuel Holloway·October 27, 2026
