Nonprofit

Wealth taxes are popular in some circles these days. Senator Elizabeth Warren has a new wealth tax proposal out, as do a couple of think tanks. I thought it would be interesting to work through how a wealth tax should approach entities that historically have…

Brian and I may never convince each other of the merits of our respective views about donor advised funds, but I continue to learn a lot from the exchange. Read his latest post before reading this . . . .

This weekend the NY Times ran a long story on donor advised funds (“DAFs,” which most people pronounce like the first syllable of Daffy Duck). Since the reporting relied in great measure on quotes and background…

Today the New York Attorney General’s office filed a complaint seeking penalties against Donald Trump’s New York charity, the Donald J. Trump foundation…

Last week, on May 23, I testified at a meeting of the National Advisory Council on Institutional Quality and Integrity (“NACIQI”). Among my remarks were comments on what I described as the erroneous grant of nonprofit status…

As Daniel just noted, the President has pledged to “totally destroy” existing limits on election-related activities…

President Trump says he wants to “totally destroy” the Johnson Amendment, the provision that denies § 501(c)(3) status to organizations that intervene in campaigns for public office. His comments come one day after two House Republicans introduced the Free…

The New York Times has a fascinating story this morning about family cemeteries, focusing on the descendants of Standard Oil Trust co-founder Charles Pratt. According to the Times:

If you get all your foundation news from the Washington Post, odds are that you think private foundations are something of a disaster. And hey, don’t let me convince you otherwise: the U.S. policy of giving large tax subsidies for indefinite parking of assets is…