To donate by check, phone, or other method, see our More Ways to Give page.

×
      LATEST NEWSOPINIONCLIMATEECONOMY POLITICS RIGHTS & JUSTICEWAR & PEACE
      LATEST NEWS
      OPINION

      donor advised funds

      Two wealthy donors clap at a gala.

      It’s Time to Move the Money out of Donor-Advised Funds

      Because DAFs have no payout requirement, the money often fails to move in a timely way to charities addressing urgent needs.

      Helen Flannery
      Sep 09, 2023

      Last year, we wrote about how donor-advised funds, or DAFs, had become the top recipients of charitable giving in the United States. At the time, we were astounded to discover that DAF sponsors made up 6 of the top 10 and 9 of the top 20 most successful public-charity fundraisers in the country.

      We’ve updated the data for 2021—the most recent year for which complete data is available—and the picture has only gotten more stark. Donor-advised fund sponsors now make up 7 of the top 10 and 11 of the top 20 public charities in the United States.

      Keep ReadingShow Less
      Opinion
      donor advised funds
      Leonard Leo

      How Does Leonard Leo Hide All His Right-Wing Dark Money? Here's One Way

      Newly released tax filings by Schwab Charitable—one of the nation's largest sponsors of what are called donor-advised funds—offers another major piece of information on how this "dark money" moves.

      Dan Petegorsky
      May 06, 2023

      Conservative legal activist Leonard Leo has gotten a lot of attention for his work to reshape the U.S. judicial system.

      Ever since the summer, when he landed the biggest political advocacy donation in U.S. history (see ProPublica’s “How a Secretive Billionaire Handed His Fortune to the Architect of the Right-Wing Takeover of the Courts”), Leo has featured in story after story on the ways in which secretive funding from ultra-wealthy donors has shaped the courts and public policy. ­

      Keep ReadingShow Less
      Opinion
      dark money
      SIGN UP FOR OUR NEWSLETTER
      Quality journalism. Progressive values. Direct to your inbox.
      Follow Us
      Most Popular

      'Epic Humiliation': GOP Mocked for Rejecting Hunter Biden Testimony Offer

      Team Biden Goes From Denial to Panic

      The Recent Explosion of Untruth Is a Warning of Things to Come

      Netanyahu Says He Is 'Only One Who Will Prevent a Palestinian State'

      GOP Pushes Social Security 'Death Panel' After Years of Tax Cuts for Rich

      Scientists Relaunch Campaign to Save the Endangered Axolotl

      200 Years of the Monroe Doctrine Is 200 Too Many

      In Possible Hate Crime, 3 Palestinian Students Shot in Vermont

      House GOP to Hold Hearing on Social Security 'Death Panel'

      'Cartoonishly Villainous' Saudi Plot to Hook Poor Nations on Oil Exposed

      Independent, nonprofit journalism needs your help.
      Please Pitch In
      Today!