Hi There :
Here's a good article from Fidelity which states, "When you contribute cash, securities or other assets to a donor-advised fund at a public charity, like Fidelity Charitable, you are generally eligible to take an immediate tax deduction. Then those funds can be invested for tax-free growth, and you can recommend grants to virtually any IRS-qualified public charity."
Please see link below for the full article
Donor Advised Fund
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