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IRS Probes Rules for $230B Donor-Advised Fund Industry

IRS Probes Rules for $230B Donor-Advised Fund Industry
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DAFs Provide Benefits For Givers Who Aren t Ultra Wealthy

Drawn by the convenience and simplicity of donor-advised funds, givers have opened more than 1.9 million DAFs and their popularity continues to grow.

Buchanan, colleagues urge caution on finalization of proposed regs for donor-advised funds

Buchanan, colleagues urge caution on finalization of proposed regs for donor-advised funds
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Givebutter is turning a profit making tech for nonprofits

Givebutter recently raised $50 million for its CRM platform for nonprofits as startups building tech for that industry gain momentum.

Deal Dive: Givebutter is turning a profit making tech for nonprofits

Givebutter started in a George Washington University dorm room in 2016 as a software solution to make nonprofit fundraising more transparent and fun. Eight years later, the company is profitable and it just raised $50 million to scale as momentum for nonprofit-focused startups appears to be growing. Friedman told TechCrunch that regardless of the size or scope of the organization he was fundraising for, they all had the same problem: They all used a disjointed mix of one-solution tech software that didn't really make the process better and often came with hidden fees.

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