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I don’t believe that you, as the donor, could maintain control of the DAF - in other words, contributing to a fund from which you derived management fees. I ha
by URSpider94 8y ago
I don’t believe that you, as the donor, could maintain control of the DAF - in other words, contributing to a fund from which you derived management fees.
I have never heard of this being done, most DAF’s are run by independent foundations or by special wings of investment funds.
So, it’s not that the donors are getting kickbacks in the form of management fees. It’s simply that people are upset that money is going into these funds and isn’t instantly available to charities. Never mind that many large charities like hospitals and universities run their own endowments that invest contributions.