I’m being unnecessarily oblique in the above comment, for which I’m sorry.
What I mean is, in a taxable account, you have the option to donate winners and harvest capital losses on losers. In a post-donation investment vehicle like a DAF, you don’t have that optionality. (Compared to a taxable account, your treatment on winners also comes out to no capital gains tax, but your treatment on losers is worse, with no harvesting losses.)
I’m being unnecessarily oblique in the above comment, for which I’m sorry.
What I mean is, in a taxable account, you have the option to donate winners and harvest capital losses on losers. In a post-donation investment vehicle like a DAF, you don’t have that optionality. (Compared to a taxable account, your treatment on winners also comes out to no capital gains tax, but your treatment on losers is worse, with no harvesting losses.)
(not tax or investment advice)