Even at this early stage in the COVID-19 pandemic, nonprofits are already reeling from its effects. And they promise to be devastating. It’s too soon to predict the ultimate impact, but it’s a fair projection that economic ruin will fell many organizations – unless they are saved by patrons funders and legislators. Performing Arts Hard …
How many of our readers have money in donor advised funds (DAFs)? If you are one of those readers, you may soon be hearing a lot more about a mandatory 5% annual payout. That’s because earlier this summer, the Congressional Research Service (CRS) issued a report concluding that, like private foundations, DAFs should have a …
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