A coalition of philanthropies, individual donors, and academics is pushing U.S. lawmakers to pass legislation that they say will compel wealthy philanthropists to distribute money set aside for charitable giving much more quickly.
The group called the Initiative to Accelerate Charitable Giving, formed in December to push for changes to charitable giving rules, and their call is gaining momentum in Congress.
Read more: https://www.devex.com/news/us-bill-to-accelerate-donor-advised-funds-could-have-global-impact-100145