The Who-bodies Blocking Donor-Advised Fund Reform
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Our grandson Jack is a few weeks shy of turning three, but he’s extremely verbal and bright – or at least this doting grandfather thinks so. During our July family…
Read More Loopholes, Manipulations, and Abuses
Larry Page, co-founder of Google, is a very rich guy – in fact, he’s the sixth-richest person in the United States, according to those who count such things. Befitting his…
Read More The Year in Review
Yes, I write a lot about donor-advised funds. That’s because their surge in popularity is the biggest story in philanthropy – and, to my mind, a growing threat to an…
Read More Violent Opposition, For Now
[Note: This was cross-posted October 1, 2014 by the National Committee for Responsive Philanthropy.] Arthur Schopenhauer said, “All truth passes through three stages. First, it is ridiculed. Second, it is…
Read More Some Nerve
It turns out that my last post, “Deluge,” really hit a nerve. I received triple my usual number of blog hits, four times the usual number of on-line comments, and…
Read More The Biggest Story That Nobody’s Talking About
At a time when nonprofits (and their donors) are still struggling to recover from the devastation of the Great Recession, one sector of philanthropy is thriving: donor-advised funds. In my…
Read More A Trail Goes Cold
So these two guys walk into a bar. Actually, I was one of them. It was the end of a conference in Minneapolis last fall, and I had to kill…
Read More Donor-Advised Fund Reform?
A November 21, 2011 op-ed in the New York Times by Boston College law professor Ray D. Madoff raises some good points. We all know that donors receive federal tax deductions…
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