fslabrum

Now that I've made it through college and established myself in my career and financially, I am looking at various investment and donation opportunities. For personal reasons, I do not want to simply make charitable donations to an organization. One thing that does strike my interest is establishing a scholarship and awarding it to a student attending the college that I went to. What are the potential tax benefits of this type of donation? Would it be comparable to simply donating to a recognized charity for tax write-off purposes?

I usually give my nieces and nephew savings bonds on their birthdays. I've decided that I would like to start giving them either stock or mutual fund investments as gifts instead. I believe that this will better assist their parents with teaching them about money and investing at a young age. I've been trying to do some internet research and am only able to find accounts that require a regular monthly payment or an overpriced, framed "one share of stock." Any suggestions?