Donor-Advised Funds Might Face Greater Scrutiny in 2020
Donor-Advised Funds (DAF) are investment accounts for charitable donations to nonprofits. These have boomed since the changes brought about by changes in tax law since 2017. DAFs offer greater tax benefits, less regulation, and greater flexibility compared to setting...Improved Data Technologies Help Nonprofits Perform Better
Because the impact of nonprofit activities is much harder to quantify than for-profit businesses, the advent of improved data harvesting and analyzing technologies can only help nonprofits gain a better sense of how to improve themselves over time. Margaret Lindquist...Paypal Settles Lawsuit, Agrees To Expand Nonprofit Donation Disclosures
Three years after 23 state charity regulators filed a lawsuit, Paypal caved in and has agreed to provide more information to donors who use the Paypal Charitable Gift Fund to make donations to nonprofits. According to the terms of the settlement, Paypal will also have...