Posts Tagged: mandatory payout

Is a Mandatory Payout for Donor Advised Funds on the Horizon?

August 16, 2012 Posted by The Law Firm for Non-Profits, P.C. in News

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 …