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Distinguished professor and long-time director of CASAA retires


Distinguished professor and long-time director of CASAA retires
July 27, 2021
For the last 14 years University of New Mexico Distinguished Professor Barbara McCrady has led research studies that are cutting edge and at times life-changing that have been recognized across the United States and internationally, but she says that her proudest moments have been the opportunities she has had to hood her Ph.D. students at graduation. Those opportunities are coming to an end as McCrady retires this summer after spending more than 40 years in higher education, dedicated to empowering students to better their lives and the lives of others with knowledge. ....

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Senate Bill Proposes Dramatic Changes for Donor Advised Funds and Private Foundations | Patterson Belknap Webb & Tyler LLP


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On June 9, 2021, United States Senators Angus King (Ind.-MA) and Charles Grassley (R-IA) announced plans to introduce the “Accelerating Charitable Efforts Act” or the “ACE Act” (the “Act”) which, if adopted, would implement significant changes with respect to the rules surrounding donor advised funds (“DAFs”) and private foundations.  The proposed changes, already being hotly debated in the philanthropic community, would, among other things, mandate operational changes for DAF sponsoring organizations and offer financial incentives (in the form of both excise taxes and tax relief) to motivate donors, sponsoring organizations, and private foundations to distribute funds to public charities at a rapid pace. ....

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