Roger Colinvaux, director, law and public policy program, and professor, law, was quoted by The Chronicle of Philanthropy about foundations shifting more dollars into donor-advised funds and how it’s violating the spirit of the rules.
...Roger Colinvaux, a law professor at Catholic University and an expert on donor-advised funds, who was formerly counsel to Congress’s Joint Committee on Taxation, says: “If all the foundation is doing is shifting money from one investment fund to another investment fund, it’s violating the spirit of the rules.”...
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