Philanthropy Forum – May 10, 2005

The May 10, 2005 Philanthropy Forum featured guest speakers from the Council on Foundations: Janne Gallagher, Vice President and General Counsel, and Diane Canova, Vice President, Government Relations and Public Policy.  The topic and a current Council initiative:  Building Strong and Ethical Foundations. Ms. Gallagher opened by identifying the current issues that have set the […]

Contemplated Legislation May Hurt Donor-Advised Funds

The Chronicle of Philanthropy (April 28, 2005) reported the results of its sixth annual survey of gift funds and suggested that proposed rules could reduce the popularity of donor-advised funds.  88 organizations, collectively holding more than 80,000 donor-advised funds, participated in the survey. Currently, no legal definition of "donor-advised funds" exists.  According to a June […]