Senators push measure to accelerate DAF, foundation giving Dan Parks, The Chronicle Of Philanthropy Associated Press Updated: Tags: FILE - In this Tuesday, June 8, 2021 file photo, Sen. Chuck Grassley, R-Iowa, listens during a Senate Finance Committee hearing on the IRS budget request on Capitol Hill in Washington. Grassley and Sen. Angus King, an independent from Maine who caucuses with the Democrats, introduced legislation Wednesday, June 9 designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy. (Tom Williams/Pool via AP, File) (2020 CQ-Roll Call, Inc.) Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.