The Donor Revolt for Charity Reform
Prominent philanthropists, national funders, and policy organizations are launching a campaign to call for common sense charity reforms.
Prominent philanthropists, national funders, and policy organizations are launching a campaign to call for common sense charity reforms.
As DAFs become an ever-larger portion of the nonprofit funding system, both sponsors and donors must be held to a higher standard.
New analysis details how the ultra-wealthy use charitable giving to avoid taxes and exert influence, while ordinary taxpayers foot the bill.
The new analysis details how the ultra-wealthy use charitable giving to avoid taxes and exert influence, while ordinary taxpayers foot the bill.
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.
Taxpayers are subsidizing donors who retain control of their wealth instead of sharing it through philanthropy.
Publishers of donor-advised fund data are including hundreds of thousands of workplace giving accounts in their averages. That skews the picture.
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.
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.
The giving estimates behind the scores include some outlays from private foundations that shouldn’t actually count as charitable giving.
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.