“Current DAFs don’t do enough to actually help people give the money in the funds away,” says CEO and co-founder Adam Nash.
Foundations shift billions to donor-advised funds, skirting US laws requiring transfers to the needy, a Bloomberg analysis finds.
Purpose trusts are nothing new, but this is an elegant twist on the strategy to achieve Yvon Chouinard’s objectives.
An update on philanthropy legislation from Capitol Hill.