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Does it? What's the thing that forces it to eventually go to charity, as opposed to laying around in limbo for ever?
by s73v3r_ 8y ago
Does it? What's the thing that forces it to eventually go to charity, as opposed to laying around in limbo for ever?
- Erem 8y agoFrom what I understand, nothing forces it to ever go out. But if it does go out, it must go out to charity.
- toast0 8y agoAll the DAFs I researched had a policy that if their overall granting wasn't at 5% every 5 years, they would enforce that level on each DAF; I had recalled a larger grant requirement, but on further review I was mistaken, so I've edited my comment. Some of the other comments have mentioned funding a DAF with a DAF, though, which seems like it could workaround the distribution requirements, but also seems readily closeable.