Melvin Wong

EOFs vs. Donor-Advised Funds: What’s the Difference?

by
EOFs vs. Donor-Advised Funds

Philanthropy offers multiple pathways for individuals and organizations to make a meaningful difference. Two popular vehicles are Educational Opportunity Funds (EOFs) and Donor-Advised Funds (DAFs). EOFs are actually a type of DAF, focused primarily on funding scholarships and grants in education through private giving. Traditional DAFs, in contrast, are typically used by nonprofit organizations or … Read more

Best Ways to Make an Impact Without Starting a Nonprofit

by
Best Ways to Make an Impact Without Starting a Nonprofit

Philanthropy has never been more dynamic or impactful. Today’s donors and organizers are driven by a shared desire: to make a meaningful difference in the causes they care about. Yet, navigating the complexities of traditional nonprofit structures can feel daunting, leaving many potential changemakers searching for simpler, more effective avenues to achieve their goals. For … Read more