When charitable intermediaries tout their generosity, reporters should take a closer look.
Commercial DAF sponsors are squirreling away money intended for charities at a greater clip than they’re giving it away.
Most private foundations stick quite closely to their 5 percent payout requirement. And America’s largest are unlikely to give much more than the minimum.
The IRS just released two years of long-awaited nonprofit tax filings. We found an enormous jump in DAF-to-DAF giving.
Private foundations are currently allowed to make grants to donor-advised funds, or DAFs, and to count those grants toward their charitable distribution requirement of 5 percent of their assets each year.
When ultra-wealthy donors dominate philanthropy, our charities are less resilient.
A set of our hot takes from the National Philanthropic Trust’s latest report on DAFs.
Taxpayers are subsidizing donors who retain control of their wealth instead of sharing it through philanthropy.
Our 2022 findings, publications, conversations, and political prospects made it clearer than ever that we need meaningful charity reform – and that a strong majority agrees.