US regulators are scrambling to catch up with the boom in these charitable giving accounts
- Written by Brian Mittendorf, Professor of Accounting, The Ohio State University
DAFs more or less operate as a mini foundation.Wong Yu Liang/Moment via Getty ImagesA revolution in charitable giving is underway due to the growth of donor-advised funds in the United States.
Known widely as DAFs, these financial accounts are designated for charitable giving. Donors can get an immediate tax deduction by putting money or other...
