May 4, 2006

Donor-Advised Funds Could Face Tough New Federal Regulations

By Leah Kerkman

By Leah Kerkman

In November, the Senate passed a bill that would place new restrictions on donor-advised funds. But because the measure has not been passed by the House, donors and charities face uncertainty about when the new rules might take effect, or whether they will be enacted into law.

Donor-advised funds allow people to donate assets to special accounts, claim a tax deduction, and then recommend how, when, and to which

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