jerryc41 Loc: Catskill Mts of NY

Actually, it looks like charity ends on Wall St.

https://www.washingtonpost.com/news/wonk/wp/2016/06/21/the-questionable-new-way-wealthy-people-are-giving-to-charity/?wpisrc=nl_rainbow&wpmm=1

photeach Loc: beautiful Kansas

Maybe, or maybe someone at the government level just gets a little itchy that so many dollars are slipping through the IRS's sticky fingers. Every time I put money into my local community foundation for the benefit of the local library, it's going into a similar fund -- sitting there, gathering interest which is occasionally disbursed to the library for a project or for books and materials. I want it there "for good, forever," as the local community foundation advertises. Maybe that's not getting to the charities fast enough, but who are they to tell me where to put my money????
Every time I see an article like this from someone at an established Eastern university, I think, "Is someone in the Clinton campaign sending up a trial balloon for changes it wants to make to wrestle more money from those they perceive as the wealthy?" (anyone who has a dollar left at the end of the year) And how much is in the Boston College endowments? Isn't that the granddaddy of donor-advised funds?
And what an unfortunate name for the law professor -- but apparently no relation to Bernie Madoff of Ponzi scheme fame. Sounds like a government Ponzi scheme to me.

Sirsnapalot Loc: Hammond, Louisiana

Yep, you are probably right, the government can't stand to see large sums of money laying around that they have no control over! After all they should be able to direct that money to real charities like the ACLU and black lives matter!

jerryc41 Loc: Catskill Mts of NY

Since they're all charitable donations, the IRS is out of the picture. What I see as bad about this situation is that the charities get little or nothing, but the donors get their tax deductions, and the managing agencies have millions of dollars to invest. That's what this is all about - tax deductions and making money.

JoeBiker Loc: homebase: Houston, TX

The Charitable Agencies get their money eventually. It is just that it is possibly delayed to a later tax year; but if delayed, they probably get more money because of the gains/earnings. I haven't used a Donor Advised Fund (DAV) yet, but I knew about them and plan to start using one next year. It will simplify the process of giving more money to charity (rather than the IRS). I could do the same thing without a DAV, but it takes more paperwork. With a DAV, it can be done electronically.

This article hasn't changed my mind about using a DAV, and I think the article is somewhat misleading if you don't read it all the way to the end. The Broker charges a small management fee on the money left in the DAV, but if you use a Discount Broker (like Fidelity), it is not too big, and just encourages me not to leave it sitting there too long.