Responding to Concerns about the Emergency Charity Stimulus Proposal
Make no mistake: this pandemic is the "rainy day" DAFs and foundations have been saving for.
Philanthropy
A Third of U.S. Billionaire Wealth Gains Since 1990 Have Come During Pandemic
U.S. billionaire pandemic profit balloons to $4.56 trillion, a 55 percent increase.
Foundation Payout Mandate Would Raise $8.7 Billion in Revenue Over 3 Years
The mandate would also have both a positive fiscal impact and give a $200-billion boost to active charities.
For Every Buck a Billionaire Gives to Charity, You Chip in Up to 74 Cents
The wealthier the donor, the bigger the taxpayer subsidy.