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Donor-advised funds: US regulators are scrambling to catch up with the boom in these charitable giving accounts

  • Written by Brian Mittendorf, Professor of Accounting, The Ohio State University
Donor-advised funds: US regulators are scrambling to catch up with the boom in these charitable giving accountsDAFs more or less operate as a mini foundation.Wong Yu Liang/Moment via Getty Images

A revolution in charitable giving is underway due to the growth of donor-advised funds in the United States.

Known widely as DAFs, these financial accounts are designated for charitable giving. Donors can get an immediate tax deduction by putting money or other...

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