The Power (and Tax Savings) of Charitable Giving with Adam Nash

All the Hacks: Money, Points & Life

Chris Hutchins

Business, Society & Culture, Education, Self-improvement, Investing, Places & Travel

4.8 • 1.6K Ratings

🗓️ 30 March 2022

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

#50: Entrepreneur and investor Adam Nash joins Chris to discuss the biggest misconceptions of philanthropy, the hurdles of giving, tax benefits for charitable donations, real estate investing, why Daffy was created, everything you need to know about Donor-Advised Funds, and more. Adam Nash (@AdamNash) is the CEO and co-founder of Daffy, a not-for-profit community built around a new modern way to give. Adam is a seasoned executive, investor and advisor. He sits on the board of the investing company Acorns, he teaches the "Personal Finance for Engineers" course at Stanford and he was previously the president and CEO at Wealthfront. Full Show Notes at: https://www.allthehacks.com/giving-adam-nash View Episode on YouTube: https://youtu.be/mERMZviCHx0 Partner Deals For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals Resources Mentioned Get a free $25 in your Daffy account: https://allthehacks.com/daffy Connect with Adam Nash: Twitter | Instagram | Adam's Blog | Daffy’s Blog Selected Works from Daffy’s blog: Let’s Close the Trillion-Dollar Generosity Gap | The Benefits of Donating Stock to Charity Adam’s Stanford Course: CS 007: Personal Finance for Engineers Book Mentioned: Happy Money: The Science of Happier Spending by Elizabeth Dunn and Dr. Michael Norton Palo Alto Recommendations: The Post | The Sea | Stanford Campus | The Dish | Shoreline Lake Bilt Signup: https://allthehacks.com/bilt Full Show Notes (02:13) Dispelling Philanthropy Misconceptions (03:29) Determining Optimal Giving Amounts (09:22) Evaluating Wise Utilization of Organizational Funds (12:36) Maximizing Potential for Charitable Giving (15:10) Overcoming Challenges in the Act of Giving (20:44) Supporting Similar Organizations Through Giving (23:15) Exploring Tax Benefits of Charitable Donations (23:49) Understanding Donor-Advised Funds (DAFs) (27:42) The Creation of Daffy (30:34) Analyzing High Fees on Donor-Advised Funds (33:04) Leveraging Appreciated Assets for Donations (38:31) Relocating Donor-Advised Funds (40:37) User-Friendly Donor-Advised Fund Apps (44:31) Investing Strategies within Daffy Funds (46:04) Common Personal Finance Misconceptions (48:10) Integrating Alternative Investments into Your Portfolio (52:36) Exploring Real Estate as an Investment Avenue (57:52) Palo Alto Dining, Drinks, and Entertainment Recommendations (59:41) Connecting with Adam Online Connect with All the Hacks All the Hacks: Newsletter | Website | Membership | Email Chris Hutchins: Twitter | Instagram | Website | LinkedIn Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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1:02.4	Money.
1:03.4	Hello, and welcome to another episode of All the Hacks, a show about upgrading your
1:10.0	life, money, and travel.
1:12.2	I'm Chris Hutchins, and I am so excited you're here today.
1:15.3	It's a bit crazy to think that I'm already at episode 50.
	...

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