Potential for Donor-Advised Funds (DAFs) Policy Reform…Again

Donor-advised funds have been of debate within state and federal politics for many years, with various attempts to regulate donor-advised funds (DAFs) to increase their transparency, accountability, and spend down policy. A new attempt to change the policy around DAFs is currently being routed through the United States Senate. Under the proposed Accelerating Charitable Investments (ACE) Act, DAFs […]

New Book: Community Foundations as Community Leaders

Community foundations claim to play an integral role in fostering philanthropy at a community level all across the United States. Community foundations have three distinct operational roles, including asset building, grantmaking, and community leadership. While asset building and grantmaking have methods available to quantify and measure their impact, community leadership has remained an elusive concept […]

Calls for Donor-Advised Funds (DAFs) Policy Reform Continue

In my June 21, 2021 blog post, I outlined legislation is – again – being proposed around donor-advised fund payouts. Federal legislation typically is aimed at commercial donor-advised funds (DAF). ​ Chronicle of Philanthropy’s Dan Parks summarizes the proposal this way: “𝘛𝘩𝘦 𝘭𝘦𝘨𝘪𝘴𝘭𝘢𝘵𝘪𝘰𝘯 𝘸𝘰𝘶𝘭𝘥 𝘢𝘭𝘭𝘰𝘸 𝘥𝘰𝘯𝘰𝘳𝘴 𝘵𝘰 𝘨𝘦𝘵 𝘢𝘯 𝘶𝘱𝘧𝘳𝘰𝘯𝘵 𝘵𝘢𝘹 𝘥𝘦𝘥𝘶𝘤𝘵𝘪𝘰𝘯 𝘧𝘰𝘳 𝘥𝘰𝘯𝘰𝘳-𝘢𝘥𝘷𝘪𝘴𝘦𝘥-𝘧𝘶𝘯𝘥 𝘥𝘦𝘱𝘰𝘴𝘪𝘵𝘴 𝘰𝘯𝘭𝘺 𝘪𝘧 𝘵𝘩𝘦𝘺 […]