The debate has raged for years. Are Donor Advised Funds spurring unprecedented philanthropic giving? Or do they simply allow the wealthy to amass immediate tax benefits while delaying the transfer of funds to working charities ...
An upstart group called “Unmasking Fidelity” is trying to expose conservative donors to harassment by demanding the nation’s largest grant-maker, Fidelity Charitable, publicly reveal contributions to ten key organizations.
Congressional representatives introduced companion legislation this week that would set timelines on when donations to donor-advised funds (DAF) would have to be distributed to working charities.
Because cryptocurrency does not have legal tender status in the U.S., the IRS considers cryptocurrency property, meaning that just as with stocks, owners who donate at the top of a coin’s value avoid paying capital ...
One of the best ways to get the most out of appreciated stock is to give it away. Why? Because if you sell the stock, you will have to pay a 20 percent capital gains ...
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 ...
