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
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“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.”
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Click here to read Colinvaux’s full comments.