Donor-Advised Fund Philanthropy Under Fire - Worth Magazine

Retrieved on: 2024-03-06 15:31:25

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Donor-advised fund

Charity law

DAF

Taxation in the United States

Foundation

Capital gains tax

National Philanthropic Trust

Chuck Collins

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Donor-Advised Fund Philanthropy Under Fire - Worth Magazine. View article details on HISWAI: https://worth.com/donor-advised-fund-philanthropy-under-fire/

Summary

The article critiques donor-advised funds (DAFs), philanthropic vehicles criticized for allowing indefinite holding of assets without mandated payouts, versus foundations' 5% requirement. Public sentiment favors reform, as shown by a survey highlighting bipartisan support for payout requirements and caps on tax credits. Chuck Collins and the National Philanthropic Trust feature in discussions surrounding DAFs, tax policy, and charity law.

Article found on: worth.com

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