The Conversation
Donor-advised funds are drawing a lot of assets besides cash – taking a bigger bite out of tax revenue than other kinds of charitable giving
Brian Mittendorf, Nov. 18
Donor-advised funds, or DAFs, are financial accounts funded by donors to support future charitable work. This kind of giving differs greatly from charitable giving as a whole because it’s much more likely to involve donations of assets like stock, real estate or cryptocurrencies that have gained in value.
These noncash gifts were primarily investment assets like stocks, bonds and real estate. We find that while the average conventional charity gets around 33% of its noncash contributions as investments, the average DAF sponsor gets more than 90% of its noncash donations that way.
Young families are leaving many large US cities − here’s why that matters
Cryptocurrencies are making investors very rich – and making it harder to stop financial scammers
Samuel A. Beatson, University of Nottingham
Improving financial literacy among the population could make a big dent in scammers’ profits.
Robo price-fixing: Why the Justice Department is suing a software company to stop landlords colluding on rents
Alison Carrol, Brunel University of London
The company’s future will largely hinge on the UK’s relationship with its European neighbours.
