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Fairbairn Lawsuit Against Fidelity Charitable May Reveal Donor-advised Funds’ Inner Secrets

by vox.com posted 3weeks ago 30 views
Today’s “working robber barons” have used a tax break to create a $110 billion charity stockpile, called donor-advised funds. It isn’t getting any smaller. Chuck Brown remembers the exact moment he realized he was part of the problem. It was early 2018 and his bosses at the Silicon Valley Community Foundation (SVCF) were, once again, crowing about how much their charitable accounts had grown in the previous year.