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Donor Advised Funds and Mandated Payouts from a Community Foundation's Perspective

Although under consideration for years, due to the current economic crisis, a movement to create legislation regarding mandated payouts and Donor Advised Funds (DAFs)has emerged. This movement is led by the Arnold/Madoff proposal as well as California AB 1353. Proponents of this legislation would like a mandate to increase the current 5% payout requirement for foundations and collect more transparent information on DAFs. Join us as we share the most recent developments around DAF/Mandated Payout legislation, and how it will affect philanthropy. 

Date & Time: 
Tuesday, April 13, 2021
10:30am - 10:45am PDT