A Self-Tax for the Common Good
Taxpayers are subsidizing donors who retain control of their wealth instead of sharing it through philanthropy.
MEDIA AVAILABILITY: Authors of Report on “Billionaire Enabler States” Available for Comment on The New Yorker Exposé on Allegations of Getty Family Trusts’ Tax Dodging
“Nevada has helped make it possible for super-wealthy families like the Gettys to dodge taxes owed to other states like California.”
Dynasty-Building Trusts: How the Getty and Walton Families Use Trusts To Dodge Taxes
The more we learn from courageous whistleblowers like Marlena Sonn, the more outrage and pressure will build to reform trust law and eliminate the games that the Waltons and the Gettys are playing.
Donor-Advised Fund Numbers Still Obscure Who’s Giving and How Much
Publishers of donor-advised fund data are including hundreds of thousands of workplace giving accounts in their averages. That skews the picture.
A Big Year for the Charity Reform Movement
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.
We should be skeptical of billionaires who pledge to share their wealth
Billionaires may claim huge tax deductions for moving money into foundations or donor-advised funds with little to no guarantee that money will ever make it to working charities.
‘Tis Always the Season for Billionaire Philanthropy
Americans are their most charitable at year’s end. But even on Giving Tuesday, billionaire donors crowd out the impact of small-dollar gifts.
The Rise of the Monster DAFs
Rising like monsters from the deep, donor-advised funds (DAFs) have finally caught up with foundations as the wealthy donor’s charitable warehousing vehicle of choice — and are poised to eclipse them.
Reining in Philanthropic Megadonors: What the Data Tell Us Is Needed
While megadonor gifts are celebrated, the growing dominance of large donors speaks to an erosion of democratic values. This must be addressed now.
New Report: Gilded Giving 2022
The Institute for Policy Studies’ new report, Gilded Giving 2022, shows the risks of increasingly concentrated philanthropic power.
Report: Gilded Giving 2022
Our nation’s charitable system is in danger of becoming a taxpayer-subsidized platform of private power for the ultra-wealthy.
New Ipsos Poll Shows Broad Support for Bold Charity Reform
Concerns about warehousing charity dollars and tax subsidies for wealthy donors and perpetual foundations transcend partisan divide.
Visualize This: Donor-Advised Funds As Largest Recipients of Charitable Gifts
Watch this stunning time lapse illustration of the rise of donor-advised funds (DAFs) as the largest recipients of charitable gifts.
New Data Tells Us Where Donor-Advised Fund Dollars Go—And Don’t Go
A new research database reveals that many donor-advised fund donations take years to make it to the coffers of operating nonprofits.
Time to Move the Money: Independent Research on Donor-Advised Funds
Charitable giving has become a taxpayer-subsidized extension of private power and influence for the wealthiest people in the country. It’s time to fix that.