Business

Tech Millionaires Use Donor-Advised Funds for Tax Savings and Giving

Updated 2026-08-03 16:55 UTC 1 source Neutral

Donor-advised funds (DAFs) are becoming increasingly popular among tech millionaires like those from Anthropic and OpenAI. These funds allow for tax savings and strategic giving, especially as more companies remain private longer.

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CNBC

Inside Wealth: More tech millionaires are using donor-advised funds for tax savings and giving

DAFs are gaining in popularity as private firms like Anthropic and OpenAI skyrocket in value and more companies stay private for longer.

2026-08-03 16:49 UTC