#donoradvisedfunds — Public Fediverse posts

https://www.europesays.com/news/23392/ Schwab Affiliate Halts Customer Donations to Southern Poverty Law Center #BankingAndFinancialInstitutions #CharlesSchwabCorporation #CivilRightsAndLiberties #DeductionsAndExemptions #DonaldJ #DonorAdvisedFunds #FidelityInvestments #Headlines #JusticeDepartment #News #PersonalFinances #Philanthropy #SouthernPovertyLawCenter #TaxCredits #TopStories #trump #VanguardGroupInc

https://www.europesays.com/news/22311/ Fidelity, Vanguard Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center #CivilRightsAndLiberties #DeductionsAndExemptions #DonaldJ #DonorAdvisedFunds #FidelityInvestments #FraudsAndSwindling #Headlines #JusticeDepartment #News #Philanthropy #SouthernPovertyLawCenter #TaxCredits #TopStories #trump #UnitedStatesPoliticsAndGovernment #VanguardGroupInc

Donors get substantial tax deductions, including for complex appreciated assets, when they place funds into a #DAF.

But they have no obligation to distribute the funds to qualified charities.

And donations from DAFs are not transparent

#DonorAdvisedFunds

https://inequality.org/great-divide/abusive-donor-advised-funds

So I wrote a thing for the nice folks at Development Guild DDI who asked me to share some of my enthusiasm for the topic of #donoradvisedfunds and #philanthropy on their blog: https://www.developmentguild.com/philanthropy/what-you-need-to-know-about-donor-advised-funds/

It may be an old article about Elon Musk's charitable donations and the call for revisiting the #DonorPrivacy policies, but that made me curious what is your #opinion on the proposed bill regulating the #DonorAdvisedFunds? I am reading articles and research papers defending both sides and both sides have reasonable arguments. But how we fight against bad actors in #philanthropy
This is the article on donor privacy policies https://www.philanthropyroundtable.org/elon-musks-philanthropy-and-donor-privacy/

Great advice to #nonprofits from Victoria Kelberer of Vanguard Charitable in her recent keynote, "The Power of Donor-Advised Funds: How Nonprofits Can Build Meaningful Relationships With Donors to Drive Their Philanthropic Missions Forward." #DAF #donoradvisedfunds https://www.nonprofitpro.com/article/6-steps-to-establishing-a-donor-advised-fund-strategy/