Tax Reform Act of 1969

Philanthropy
Jeffrey Hart’s 1969 Call for Philanthropy Reform in National Review
“C. Wright Mills, from the Left, called it the Power Elite. William Buckley calls it the (liberal) Establishment. But whatever it’s called, the large tax-exempt foundation is one of its…
by Michael E. Hartmann on November 12, 2024

Philanthropy
Some Past Proposed Specific Time Limits on Tax Benefits for Private Foundations
Last week, 93-year-old Berkshire Hathaway chairman and chief executive officer Warren Buffett told the Wall Street Journal that almost all of his massive fortune will be put into a new charitable…
by Michael E. Hartmann on July 11, 2024

Philanthropy
Philanthropy and The Myth of Left and Right
Hyrum and Verlan Lewis’s new "The Myth of Left and Right: How the Political Spectrum Misleads and Harms America" is, in the authors' own words, a short, tightly argued, question-provoking “attempt to…
by Michael E. Hartmann on January 10, 2023

Philanthropy
Three Vie to Chair Powerful House Ways and Means Committee
After last month’s elections, the majority party in the U.S. House of Representatives will shift from Democrats to Republicans in the Congress beginning next year, just as it did after…
by Michael E. Hartmann on December 12, 2022