Article The Chronicle of Philanthropy

Powerhouse Coalition of Wealthy Donors and Big Foundations Urges Congress to Spur More Giving

A powerhouse coalition of wealthy individual donors, some of the nation’s largest private foundations, and prominent scholars on charitable giving Tuesday joined forces to urge Congress to adopt a set of tax proposals intended to speed up distributions from foundations and donor-advised funds.

The new effort, called the Initiative to Accelerate Charitable Giving, was developed by the billionaire philanthropist John Arnold and Boston College law professor Ray Madoff. 

Read more: