June 24, 2012

Donor-Advised Funds: How to Unlock the Money and Avoid Abuses

To the Editor:

Alan Cantor’s article (“A New Sleight-of-Hand for Skirting Foundation Giving Rules,” Opinion. May 31) raised concerns about private foundations funding donor-advised funds held by community foundations (and other public charities) and suggested that such arrangements avoid transparency and potentially slow the process of money reaching charities providing direct services.

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