donor-advised fund

Philanthropy
Inside Philanthropy Survey Finds Support for Reform of Philanthropy’s Legal Structure
A recent nonscientific survey of nearly 350 philanthropy professionals conducted by Inside Philanthropy found that an overwhelming majority of respondents supported changing the laws that govern philanthropy. Surprisingly, 51 percent…
by Michael E. Hartmann on June 15, 2022

Philanthropy
A Conversation with Howard Husock About Civil Society and Philanthropy (Part 1 of 2)
The American Enterprise Institute senior fellow talks to Michael E. Hartmann about his career, the Civil Society Awards program, whether civil society is a “luxury good,” and philanthropy and donor-advised…
by Michael E. Hartmann on February 18, 2022

Philanthropy
A Conversation with Howard Husock About Civil Society and Philanthropy (Part 2 of 2)
The American Enterprise Institute senior fellow talks to Michael E. Hartmann about donor-advised funds and anonymous giving through them, as well as the large, mostly progressive foundations’ influence and self-perpetuating…
by Michael E. Hartmann on February 18, 2022

Philanthropy
The Hypocrisy of Unmasking Fidelity’s Leftists
Unmasking Fidelity is a coalition of far-left “social justice” groups aiming to choke off donations to conservative nonprofits through the country’s biggest grantmaker, Fidelity Investments Charitable Gift Fund, which is…
by Hayden Ludwig on February 3, 2022

Philanthropy
The Gilded Left’s Favorite Bay Area Bankroller
In 2020, more than $2.6 billion that flowed through the Silicon Valley Community Foundation (SVCF), much of it virtually invisible to the public eye. This included more than $744 million…
by Hayden Ludwig on January 11, 2022

Organization Trends
501(c)(4)s and “Dark Money”: Evolution of (c)(4)s
Nonprofit “social welfare” organizations are allowed to engage in partisan political campaigning without disclosing their donors under Section 501(c)(4) of the Internal Revenue Code and the Supreme Court’s decision in…
by Michael E. Hartmann on July 30, 2021

Organization Trends
501(c)(4)s and “Dark Money”: Origins of (c)(4)s
After the 16th Amendment permitting a federal income tax was ratified in 1913, Congress began defining what could and could not be taxed. The Senate Finance Committee amended a tax…
by Michael E. Hartmann on July 30, 2021

Organization Trends
501(c)(4)s and “Dark Money”: Regulatory Struggles
Section 501(c)(4) of the IRS Code makes a distinction between political speech and social welfare. This and subsequent rulemaking has led to "an 'anything goes' approach to these activities by…
by Michael E. Hartmann on July 30, 2021

Organization Trends
501(c)(4)s and “Dark Money”: A Definition of “Dark Money”
Sunlight and the Center for Public Integrity are just two among many organizations and allied journalists that track and criticize “dark money,” which define as political money whose source isn't…
by Michael E. Hartmann on July 30, 2021

Organization Trends
501(c)(4)s and “Dark Money”: Donor-Advised Funds
Another significant phenomenon in (c)(3) money flows is the use of donor-advised funds, also known as “DAFs,” which are the fastest-growing sector of philanthropy. DAFs allow a donor to deposit…
by Michael E. Hartmann on July 30, 2021