tech billionaires
Elon Musk’s Foundation Gives $37.8M to Donor-Advised Fund
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Critics of donor-advised funds may have just been handed some pretty weighty fodder for their 2019 advocacy for regulation.
tax deductible contributions
2018 Year-End Giving? Well, It’s Complicated
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Stories are rolling in about 2018 year-end fundraising, and they are interesting but by no means decisive. In the Twin Cities, nonprofits report steady donations despite the 2018 tax law changes. Of course, many factors beyond tax deductions influence giving.
donor-advised funds
Annual Donor-Advised Funds Report Shows High Growth in Giving and Assets
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A new report shows that, as expected, the growth of donor-advised funds, which include commercial funds, community foundations, and common funds, was close to phenomenal at 27.3 percent over the last year.
donor-advised funds
The Political Quicksand of DAFs and Supporting Foundations
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Among the problems that critics have with donor-advised funds and supporting foundations is the lack of transparency around individual funds—and the lack of accountability to mission sometimes exhibited by the DAF sponsor.
Philanthropy
Chan Zuckerberg’s LLC and DAF Philanthropy: Another Giant Step in the Wrong Direction
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The Chan Zuckerberg Initiative is giving hundreds of millions to schools, but its layers of secrecy as it inserts itself into our public education system is nothing less than deeply anti-democratic.
donor-advised funds
Donor-Advised Funds and Community Foundations, Reimagined
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Done the right way, reforming DAFs would not only help working charities, but would also allow community foundations to grow in stature and do what they do best.
donor-advised funds
Donor-Advised Funds: How to Make Sure They Strengthen Our Communities
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This Voices from the Field feature from five community foundation leaders speaks to how they view the role of donor-advised funds and urges caution before rushing to regulation.
Nonprofit News
Questions Persist at Silicon Valley Community Foundation
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Remarks by the interim president at the Silicon Valley Community Foundation might make us believe that the board is not yet getting to the essence of what might ail the charity.
donor-advised funds
The Battle over Donor-Advised Funds: Does the Field Need More Regulation?
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NPQ is initiating a new practice of explicitly trying to advance conversations that are stuck. This morning, we advisedly take up the massively contentious topic of donor-advised funds.
donor-advised funds
DAF Reform—A Chance to Provide a Real Benefit to Working Charities
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This article, by former tax counsel to the U.S. Senate Committee on Finance Dean Zerbe, asks what it would look like if donor-advised funds reform focused on, among other things, “getting…dollars out of warm banks and into the hands of working charities.” The result, concludes Zerbe, would be nothing short of astonishing.