Revealing the True Cost of Billionaire Philanthropy
How the ultra-wealthy use charitable giving to avoid taxes and exert influence — while ordinary taxpayers foot the bill.
Helen Flannery
Would Your DAF Rather Be a Charity or a Warehouse?
It’s pretty hard to figure out donor-advised funds’ MOs. Our new analysis discerns sponsor priorities from their public websites.
More than Half of America’s 20 Top Public Charities Are Donor-Advised Funds
The highest-earning DAF now takes in $11 billion more than the highest-earning working charity.
The 5 Percent Foundation Payout Requirement May Be a Floor, but the Ceiling Is Awfully Low
Most private foundations stick quite closely to their 5 percent payout requirement. And America's largest are unlikely to give much more than the minimum.