Charitable donations by billionaires go to their own DAFs and private foundations

Retrieved on: 2023-11-16 22:25:54

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Charity law

National Philanthropic Trust

Donor-advised fund

Taxation in the United States

DAF

Foundation

Charitable organization

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Charitable donations by billionaires go to their own DAFs and private foundations. View article details on HISWAI: https://www.accountingtoday.com/news/charitable-donations-by-billionaires-go-to-their-own-dafs-and-private-foundations

Excerpt

The ultra-wealthy are using charitable giving vehicles like donor advised funds and private foundations to avoid taxes and exert influence, at the ...

Article found on: www.accountingtoday.com

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