I will be making an investment in a mutual fund. I would also like to donate some mutual fund holdings to charity. Since the fund holdings have appreciated in value, I need to make sure that I don't jeopardize my tax deduction by making an improper investment at or near the same time of the contribution. What are the restrictions on investments that I need to be aware of?
I'm sure that an investment into the same fund whose partial proceeds were donated to charity would be disqualified. What about a similar fund (what is a similar fund)? What is the waiting period to avoid disqualification?