A decision by sponsors of donor-advised funds prohibiting grants to a nonprofit under indictment may have surprised donors, but it’s consistent with grant-making guidelines of these charitable ...

Fidelity has moved to block donor-advised funds for the Southern Poverty Law Center (SPLC) following a federal indictment from the Justice Department (DOJ) for alleged bank and wire fraud. “Fidelity ...

Wealthy Americans frequently use donor-advised funds, or DAFs, to claim upfront tax deductions before actually making grants to charity. However, a recent lawsuit highlights a little-discussed ...

Vanguard's and Fidelity's charitable arms are bankrolling advocacy groups that make it easier for retirees to kill themselves ...

The IRS’s decision in 1991 to grant Fidelity’s donor-advised fund charity status was a highly damaging mistake that has undermined the entire nonprofit world. With that move, the IRS sanctioned the ...

Charitable giving in the United States has changed significantly in recent years. One distinguishing feature about DAF donors is that when they dispatch money from their charitable accounts, they fund ...

Starting next year, the One Big Beautiful Bill Act sets new limits on charitable-gift tax deductions. To prepare for those restrictions, some experts are recommending that their wealthy philanthropic ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Your motivation to make both charitable donations and smart ...

Tech and AI stocks may have doubled recently, but selling those shares means handing the IRS a cut of every dollar gained. That capital gains bill keeps many investors locked into concentrated ...

Jose Miguel Oxholm, Chief Legal and Compliance Officer of Hyliion Holdings Corp. Transaction details: Donation of 50,000 common shares record ...