Tag Archives: community foundations

The Year in Review

Yes, I write a lot about donor-advised funds. That’s because their surge in popularity is the biggest story in philanthropy – and, to my mind, a growing threat to an already-battered nonprofit sector.
Here are 2014’s eight biggest developments around the donor-advised fund phenomenon. Continue reading

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Violent Opposition, For Now

[Note: This was cross-posted October 1, 2014 by the National Committee for Responsive Philanthropy.]

Arthur Schopenhauer said, “All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.”

I’m no expert on German philosophers, but Schopenhauer really nails it. Just think of the cause of marriage equality, which has followed exactly that course, passing from ridicule to violent opposition to acceptance as self-evident over the course of the last twenty years.

The effort to reform donor-advised funds (DAFs) does not have nearly the societal ramifications of the marriage equality issue. That said, donor-advised fund reform is an enormously important issue for American philanthropy, and when viewed through a Schopenhauerian lens, the effort has recently transitioned into the second phase of truth: violent opposition. Continue reading

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Some Nerve

It turns out that my last post, “Deluge,” really hit a nerve.

I received triple my usual number of blog hits, four times the usual number of on-line comments, and dozens of emails and phone calls, including some from professors, congressional aides, and financial advisors.

Here are my responses to some issues they raised. Continue reading

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