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At Least $1 Billion Has Been Shuttled From One Commercial Donor-Advised Fund to Another in a Year — and Not to Working Charities philanthropy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philanthropy.com Daily Mail and Mail on Sunday newspapers.
Over billion dollars in donor-advised funds went to other DAFs accountingtoday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountingtoday.com Daily Mail and Mail on Sunday newspapers.
The promise of philanthropy was that the wealthy could enjoy tax breaks for their charitable contributions. The pandemic laid bare how accumulation can trump getting money to those in need. A Senate bill aims to change that. ....
Leftist Dark Money Groups Silent on Donor Disclosure Despite Support for H.R. 1, Election Transparency 8 Mar 2021 Leftist dark money groups such as the Sixteen Thirty Fund, New Venture Fund, the League of Conservation Voters (LCV), and others have remained silent on calls to disclose their donors even though they have publicly backed legislation that would provide for the disclosure of dark money groups’ donors and made public statements calling for donor transparency. Breitbart News reported that Sen. Sheldon Whitehouse (D-RI) has served as one of the most vocal Democrat critics of “dark money’s” influence in politics, but the Rhode Island Democrat appears to be a significant beneficiary of dark money. ....