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NEWS! about philanthropy and nonprofit advancement.
Conference to Debate Whether Current Charity Rules Promote the Public Good
Ray Madoff, a law professor at Boston College, says many people are frustrated by the way Congress sidesteps critical questions when it discusses philanthropy—for example, what makes an organization "charitable," should universities be required to spend more of their endowments, and should donor-advised funds grant money to charities in a timely way?
Thanks partly to the nonprofit trade associations that push the subject, lawmakers have in recent years mainly debated White House proposals to limit the value of the charitable deduction for wealthy people.
But Ms. Madoff says she and others would like to widen the conversation, so she and two Boston College colleagues helped organize a conference later this month to bring together scholars, philanthropic leaders, and others to consider whether Congress should pass new laws to help charities.Read more...