Philanthropy, incorporated for the public good, can and should make all its investments accordingly. In 2021, Senators Angus King (I-Maine) and Chuck Grassley (R-Iowa) introduced a bill to more tightly regulate donor-advised funds, commonly referred to as DAFs. While the Accelerating Charitable Giving (ACE) Act’s reforms were far from sweeping, the bill set off a bitter debate over who controls charitable funds: the donor or the public. The Act’s supporters plausibly argued that wealthy donors could use the increasingly popular philanthropic instruments for personal gain, and that DAFs allow them to hoard and perpetually control what becomes public money once [...more...]

Arabella Advisors has held two events this year in Arabella’s Future of the Social Sector series. For both events, they […more…]

In the wake of horrifying—and horrifyingly common—gun violence tragedies like those in Buffalo, New York and Uvalde, Texas, our basic […more…]

Philanthropy can be, should be, and often is so much more than writing checks. At its best, it can change […more…]