Monday, October 27, 2014

New funds help athletes score in philanthropy | Crain's Detroit Business

New funds help athletes score in philanthropy | Crain's Detroit Business: "Verlander had made veteran mental health his cause of choice during his career, and in 2013 he committed $1 million to specific initiatives in Detroit and his native Virginia.

Rather than the traditional (and expensive) method of creating a foundation, he opted for an increasingly common choice for major giving: a donor-advised fund, something that charity industry watchers say is a leading best practice. "



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