Patrick M. Rooney is the executive associate dean for academic programs and professor of Economics and Philanthropic Studies, Indiana University Lilly Family School of Philanthropy at Indiana University Purdue University Indianapolis (IUPUI).
SPECIAL NPQ POLICY FEATURE: New research demonstrates that small and mid-size donations are falling even as charitable dollars continue to grow, increasing nonprofit dependence on the wealthy few. These facts should give us all pause and make us consider prioritizing the universal charitable deduction as sector-wide policy.
Long before the contents of the 2017 tax overhaul were finalized, and in the context of a booming stock market, most understood that DAFs would likely continue to grow significantly year over year. But what actually happened in December?
Donor-Advised Funds, or DAFs, are a rapidly growing staple in the giving of individual donors. But they are also controversial. This important original article by IUPUI’s Patrick Rooney explores how their use may affect the charitable money flows in our modern giving landscape.
Repeal of the estate tax can be expected to reduce giving, both during life and at death. We should also be concerned about repeal from an equity perspective, as the estate tax provides a means to tax wealth, legal and illegal, that has escaped taxation.
Some variations in how organizations report management and general expenses on their IRS Form 990s defy plausibility. Based on the largest study to date of overhead costs in the nonprofit sector, this article explores the consequences of these inconsistencies.
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