Silent Donor platform offers anonymous donations to the mainstream, as privacy debate rages
Read full article: Silent Donor platform offers anonymous donations to the mainstream, as privacy debate ragesSilent Donor is flourishing just as the privacy debate for contributors heats up, especially for those using donor-advised funds to anonymously give to their favorite, and sometimes controversial, causes while also getting a tax break.
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Debate amid pandemic: Should foundations have to give more?
Read full article: Debate amid pandemic: Should foundations have to give more?Donor-advised funds, which are akin to charitable investment accounts, aren’t now required to make any donations in any one year. It’s hard to run an organization like that.”AdArnold proposes a more modest solution — the Initiative to Accelerate Charitable Giving. “It’s really a solution in search of a problem.”In the midst of last year's devastating pandemic recession, charitable giving rose modestly for the year. “Charitable giving has been a silver lining through this crisis and, frankly, through throughout history,” Westhoff said. AdCollins, who is holding out hope for his plan to require increased payouts, argues that the tax system's favorable treatment of foundations and donor-advised funds may provide the strongest rationale.
