4 ms·
To answer my own question: I googled that consultant and found a series of articles on his personal blog with meaningful criticisms of DAFs from the perspective
by hundt 7y ago
To answer my own question: I googled that consultant and found a series of articles on his personal blog with meaningful criticisms of DAFs from the perspective of "real" charities (the ones that provide services or advocacy), including:
* They prevent charities from attracting donors with benefits in exchange for donations.[0]
* DAF donations can't be used to satisfy a legally binding personal pledge.[0]
* A DAF can be used to "launder" contributions in a way that hides their original sources and enables fraud.[1]
* A private foundation can meet its 5%-per-year disbursement requirement by donating the money to a DAF, including one controlled by the foundation, violating the spirit of charity laws.[2]
[0] https://www.alancantorconsulting.com/2015/06/not-so-simple/ https://www.alancantorconsulting.com/2015/06/not-so-simple/
[1] https://www.alancantorconsulting.com/2019/02/phony-and-corrupt/ https://www.alancantorconsulting.com/2019/02/phony-and-corru...
[2] https://www.alancantorconsulting.com/2017/10/a-tale-of-two-letters-and-two-sectors/ https://www.alancantorconsulting.com/2017/10/a-tale-of-two-l...