More than 200 philanthropists and seven national funding and policy organizations signed on to a “donor revolt” campaign aiming to stop what they view as abuses of donor-advised funds, or DAFs, in the United States.
The campaign wants to encourage a quicker pace of charitable giving by DAF account holders, with implications for philanthropic causes globally.
“I would argue that it’s slowing the flow [of philanthropic giving],” Chuck Collins, lead organizer for the campaign and a program director at the Institute for Policy Studies, told Devex of DAFs. “Instead of giving to whatever international organizations directly writing a check to XYZ international charity, people are giving to these intermediaries. There’s a warehousing of charity dollars.”
About the author
Stéphanie Fillion
Stéphanie Fillion is a New York-based reporter specializing in foreign affairs and human rights and a United Nations resident correspondent. Her work has been featured in outlets such as Forbes Magazine, Foreign Policy, CNN, among others. She has a master's degree in Journalism, Politics, and Global Affairs from Columbia University and a Bachelor of Arts in Political Science from McGill University. In recent years, her U.N. coverage received two U.N. Correspondent Association awards as well as a Gracie award from the Alliance for Women in Media.