ALI's Donor Advised Funds Update: A Philanthropic Strategy in the Crosshairs

High net worth clients and charitable organizations have many options to advance their long-term philanthropic and charitable goals. And donor-advised funds (DAFs) appear to be a leading philanthropic vehicle. Recent 2022 reports estimate DAF grant values grew 60% since pre-pandemic times and have increased 400% over the past decade! Despite these reports, critics of DAFs contend, among other things, these statistics are misleading and that DAFs are a mere “warehouse” of charitable funds.

To clear up common DAFs misconceptions, American Law Institute assembled an expert faculty for a deep-dive discussion into the federal tax rules applicable for DAF sponsoring organizations and donors to DAFs, legislative efforts to date, the evolving litigation landscape, and what both advocates and critics of donor advised funds have to say.

Carrie Garber Siegrist will moderate this panel.