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.
While megadonor gifts are celebrated, the growing dominance of large donors speaks to an erosion of democratic values. This must be addressed now.
The Institute for Policy Studies’ new report, Gilded Giving 2022, shows the risks of increasingly concentrated philanthropic power.
Our nation’s charitable system is in danger of becoming a taxpayer-subsidized platform of private power for the ultra-wealthy.
Concerns about warehousing charity dollars and tax subsidies for wealthy donors and perpetual foundations transcend partisan divide.
Watch this stunning time lapse illustration of the rise of donor-advised funds (DAFs) as the largest recipients of charitable gifts.
A new research database reveals that many donor-advised fund donations take years to make it to the coffers of operating nonprofits.
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.
New Research from the Institute for Policy Studies Shows How the Rich Use Donor-Advised Funds to Warehouse Charitable Wealth
DAFs have been used to transform philanthropy into a taxpayer-subsidized extension of private power and influence for the wealthy.
How the concentration of wealth is warping the giving sector, from our Charity Reform Initiative.
Donor-advised funds are set up to provide more benefit to their wealthy donors than to public charities. We can fix that.
Donor-advised funds are making misleading claims in response to criticism that they are warehousing wealth instead of boosting charitable giving.
New Report Finds More Than One Billion Dollars In DAF Grants
Went to Other Commercial DAFs in 2019
New report finds more than one billion dollars in DAF grants went to other commercial DAFs in 2019.
We must prevent our charitable system from being misused by those with the means and motivation to do so.