Catholic Law Professor Roger Colinvaux, Director of the Law and Public Policy Program, was quoted in a recent article in The Chronicle of Philanthropy. Colinvaux used his expertise on donor-advised funds to comment on how foundations utilize donor-advised funds and the shift away from transparency and accountability.
The Chronicle of Philanthropy
By: Marc Gunther
Date: October 13, 2020
Foundations Are Sending More Dollars to Donor-Advised Funds, Chronicle Analysis Finds
“If all the foundation is doing is shifting money from one investment fund to another investment fund, it’s violating the spirit of the rules. You have no idea what causes [the foundations] are funding. That runs against the idea that these entities need to be transparent.”
Click here to read Colinvaux’s full comments.