The Wealth Hiding in Your Neighborhood

The Wealth Hiding in Your Neighborhood

From country farmland to big city skyscrapers, absentee billionaires may be hiding wealth in your town — and driving up your cost of living.

Next Avenue: Critics Cry Foul Over Donor-Advised Funds

What do you think is the nation’s biggest charity? The United Way? The American Cancer Society? The Salvation Army? Nope. It’s something called Fidelity Charitable Gift Fund, which is also the largest donor-advised fund in the U.S. The rocket-like growth of this and...

This Popular Form of Charity Might Just be a Tax Shelter for the 1%

Some philanthropic donors may be promising to give a lot of money to charity in order to get a nice tax break–but ultimately not delivering on the cash. The trick is the use (or perhaps abuse) of donor-advised funds, a type of savings and investment haven that allows...
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