Tag: donor-advised funds
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Donor-advised funds are warehouses for billionaires’ guilt
Donor-advised funds offer instant tax breaks but no obligation to ever give the money away. Here’s how they became the favored parking lot for billionaire philanthropy.
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Charitable giving is mostly a tax strategy with a halo
Most large charitable donations are timed and structured for tax benefit, not maximum impact. Here’s how the system actually works — and what it implies.