DAFs Are Hoarding Billions. It’s Time to Mandate Charitable Action

Billions of charitable dollars are sitting idle—already donated, already deducted from taxable income, and yet nowhere near a nonprofit. At a time when food banks, shelters, clinics, and schools are stretched to their limits, a vast reservoir of philanthropic capital is accumulating in financial accounts—untethered from urgency and untouched by regulation.

File Type: pdf
File Size: 8 MB
Categories: Leadership, Opinion
Tags: Opinion
Author: Christopher Looney