Charities Ask for Rare Do-Over on IRS Donor-Advised Fund Rules

Opponents of the IRS proposal on donor-advised funds want the agency to withdraw and propose new rules again because they say the guidance oversteps the intentions of the law, writes Erin Schilling, reporter at Bloomberg.

The $230 Billion Donor-Advised Fund Industry Gets an IRS Hearing

Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, writes Stephanie Beasley, senior writer at the Chronicle of Philanthropy.

IRS Considers Changes to Donor-Advised Fund Proposed Regulations

IRS officials are taking a closer look at a few contentious provisions in the proposed donor-advised fund regulations, writes Erin Schilling, reporter at Bloomberg.

A New Slate of Community Foundation Leaders Want to Leave Their Mark

A new generation of  community foundation leaders are pushing their organizations to take center stage on important community issues, writes Alex Daniels, senior reporter at the Chronicle of Philanthropy.

Opinion: Donor-Advised Funds Would Face Big Headaches Under IRS Proposal

Proposed IRS regulations for donor-advised funds would damage community foundations and cause administrative headaches, writes Amy Freitag, president of The New York Community Trust, in Bloomberg.

What It Means to be Philanthropic and Black

The Cleveland Foundation’s African American Philanthropy Committee highlights the power of Black philanthropy, writes Rayna Reid Rayford for Essence.

An Expert Source Offers Insights on Smart Giving Strategies

There’s a tax-smart way to make bequests by using assets from individual retirement accounts at death, writes Laura Saunders, reporter at the Wall Street Journal.

Opinion: Donor-Advised Funds Are The Linchpin of Local Charitable Giving

Donor-advised funds (DAFs) have been criticized recently for sitting on too much money, and efforts are afoot to put time requirements on DAF grantmaking.

Jeff Hamond, who oversees the Community Foundation Public Awareness Initiative, writes in Bloomberg that DAFs are doing considerable good in the communities their donors serve, as grantmaking during the pandemic has shown.

Robb Report: Why Mackenzie Scott’s Donations Could Change Charitable Giving

Community foundations provide donors with an approachable, expert advisory service to help connect them to effective local nonprofits who align with their philanthropic goals, writes the Robb Report, in a feature on philanthropy during the COVID-19 pandemic.

Meet Tonia Wellons, Newly-Appointed CEO of the Greater Washington Community Foundation

Read the Washington Business Journal’s recent profile of Tonia Wellons, who assumed the role of CEO of the Greater Washington Community Foundation in the midst of the Covid-19 pandemic.

New Yorkers are Giving More Despite Coronavirus Hardships

Donors who have donor-advised funds are stepping up their giving in a big way, writes Anne Kadet, a columnist at The Wall Street Journal.

Don't Tie the Hands of Donor-Advised Funds, the Best Option for Aid in the Covid Economy

In this op-ed in The Chronicle of Philanthropy, lawyer and author Bruce Hopkins takes aim at critics who fail to understand the importance of donor-advised funds to communities across the United States.

Community Funders Balance Priorities in the Face of Overwhelming Needs

Across the United States, community foundations are stepping up to provide critical funds and support to those impacted by Covid-19, writes Inside Philanthropy’s Paul Karon.

Giving From Donor-Advised Funds Surge as Pandemic Spreads

The coronavirus pandemic has touched off an explosion of grant making from donor-advised funds, according to a spot check of the big national donor-advised fund-sponsors and community foundations of all sizes by The Chronicle of Philanthropy.

How Philanthropists Are Helping During the Crisis

Community foundations have established funds that are acting as clearinghouses to distribute donations to charities that have been vetted and are poised to have the biggest impact, writes New York Times columnist Paul Sullivan.

Letter: Money From Donor-Advised Funds Is at Work Improving Communities

The Chronicle’s latest look at the growth of donor-advised funds ("Disruption Ahead: What to Know About Donor-Advised Funds in 2019," January 7) lays out many of the criticisms and questions surrounding these popular giving vehicles.

However, as the leaders of community foundations that manage donor-advised funds, we feel it is important to spotlight some crucial things one needs to know that weren’t included in the article.

Read the full letter

A Community Foundation’s 20th Turns into a Call to Action on Poverty and Race

The Community Foundation of the Chattahoochee Valley (CFCV) began small, but it has grown rapidly. Starting, as Chuck Williams in the Ledger-Enquirer writes, with “$800,000 in cash, $1.7 million in endowments and 14 donors” in 1998, today it manages 300 funds, has $170 million in assets, and has to date awarded $155 million in grants in the Columbus, Georgia region.

via Nonprofit Quarterly

New Hampshire Charitable Foundation Takes the Lead in Battling Opioid Abuse

Different Paths to a Better World

Off the Beaten Path: With Another Major Gift the Regional Philanthropy Boom Rolls On