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Chris Kuchanny on the Change In Charitable Donations Post COVD-19

Howa Black-Owned OCIO More Than Doubled Its Assets in a Year

Allocators are serious about diversity and inclusion. Take minority-owned Disciplina Capital Management, which is an outsourced chief investment officer. The firm is flourishing after landing two large mandates from foundations in the past six months.   On Tuesday, the firm announced its newest client the Community Foundation of Atlanta which has hired the OCIO provider as an adviser for its investment pool in part because of its strength in finding high-performing, diverse investment managers in different asset classes.  The win comes after the Nashville-based firm announced in March that it had been hired by the National Philanthropic Trust, a nonprofit with $14.3 billion, to advise on certain asset pools,

Critics take aim at charitable money sitting in donor funds

Critics take aim at charitable money sitting in donor funds
globegazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globegazette.com Daily Mail and Mail on Sunday newspapers.

Critics take aim at charitable money sitting in donor funds

National News Critics take aim at charitable money sitting in donor funds Wealthy philanthropists have long enjoyed an advantageous way to give to charity: Using something called a donor-advised fund, they ve been able to enjoy tax deductions and investment gains on their donations long before they give the money away. by Associated Press Jul. 20 2021 @ 5:52pm In this May 12, 2021 file photo, Sen. Chuck Grassley, R-Iowa, speaks during a hearing to examine President Joe Biden s 2021 trade policy agenda. A Senate bill that seeks to speed up philanthropic donations to charities appears to be gaining bipartisan support in Congress, taking aim at a popular charitable vehicle called donor-advised funds. DAFs allow donors to enjoy immediate tax deductions while investing their contributions tax-free. The bill, introduced by Sens. Grassley and Angus King, a Maine Independent, would make numerous reforms to DAFs by creating new categories of accounts, among other changes. (Pete Marovich/

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