What Are Donor Advised Funds And Why Do They Hurt Charitable Causes? | Defined | Forbes

Published 4 years ago
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Donor-advised funds are a way for donors to have more control over the funds they want to donate to charity. But according to Alan Cantor, a non-profit consultant, a lack of transparency and regulation of these funds has led to their abuse by individuals who want to park their untaxed wealth in funds or by people looking to secretly fund controversial causes.

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