Legislation and changes in federal taxes that could impact the charitable sector may pass this year despite slim majorities in a divided Congress.
U.S. Senators Angus King (I-Maine) and Chuck Grassley (R-Iowa) have introduced legislation that would put donations in the hands of charities faster by reforming the rules surrounding donor-advised funds (DAFs).
New York-area donors have responded to the coronavirus pandemic by giving $102 million more this year through their local community foundation than they did during 2019.
Billy Graham Chaplains Respond, Steve Bannon Arrested for Donor Fraud, MinistryWatch Database Updated
Billy Graham Chaplains Respond, Steve Bannon Arrested for Donor Fraud, MinistryWatch Database Updated
Donor-advised funds (DAF) continue to report record increases in donations and distributions in 2020 in response to the coronavirus and other current events.
The explosive growth of donor advised funds (DAFs) has been widely reported in both popular and trade media. The National Philanthropic Trust reports, using 2018 data, $37 billion in gifts to sponsoring organizations and $23 billion in ...
