Donor-Advised Fund Philanthropy Under Fire - Worth Magazine

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.