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Bloomberg Businessweek
How Government Scrutiny Could Impact DAFs
Jul 2, 2024
Julia Healey discusses potential regulations affecting donor-advised funds. Uri Levine shares insights on creating a strong startup team using the 30-day test. Topics include regulatory changes in charitable giving, redefining philanthropy, and resilience in the Israeli tech community.
19:09
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Quick takeaways
- Proposed IRS regulations may limit financial advisors' compensation for managing donor advised funds, impacting investment advice.
- Younger generations like Gen Z are reshaping philanthropy by valuing active involvement and social impact.
Deep dives
Understanding Donor Advised Funds and their Benefits
Donor advised funds function as charitable savings accounts that offer donors tax deductions upon donation. These funds provide flexibility for individuals building wealth or high net worth individuals to continue and enhance their charitable giving. Compared to private foundations, donor advised funds offer higher tax deductibility and ease of management, making them an attractive option for philanthropic endeavors.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode