Private foundations are currently allowed to make grants to donor-advised funds, or DAFs, and to count those grants toward their charitable distribution requirement of 5 percent of their assets each year.
Blogging Our Great Divide
New developments on the inequality front? Our Institute for Policy Studies Inequality.org editorial team tracks them here.
The Supreme Court is erasing our shared responsibility for educating each and every child.
When ultra-wealthy donors dominate philanthropy, our charities are less resilient.
New fact sheets by the Poor People’s Campaign and the Institute for Policy Studies reveal disturbing data on systemic racism, poverty and inequality, ecological devastation, and militarism in every U.S. state.
Let's raise the contribution cap, get rid of tax preferences for gilded CEO retirement accounts, and use the extra revenue to expand retirement benefits.
But who set the stage for that billionaire?
A new state tax on the wheeling and dealing of the wealthy is reaping far more revenue than expected
We have the right to know what Exxon officials knew -- and when they knew it.