Roger Colinvaux, professor at The Catholic University of America Columbus School of Law (Catholic Law), was recently quoted in an article by Bloomberg Law News about recently proposed Treasury regulations on donor advised charitable funds.
Bloomberg Law News
Date: February 15, 2024
By: Erin Schilling
Charity Groups Balk at IRS Proposal for Donor-Advised Funds
. . .
“The big picture is the regulations get it about right, but there are going to be very specific areas that practitioners are going to be concerned about,” said Roger Colinvaux, a law professor at the Catholic University of America who was counsel to the Joint Committee of Taxation when Congress first passed donor-advised fund rules. Colinvaux said that if donors use their personal investment advisers, that could create a subtle incentive to keep the assets under management of the DAF longer, rather than allow them to be distributed to a charity. “From the donor’s point of view, they have this trusted adviser who they want to manage all of their money,” Colinvaux said. “But the point is, it’s not their money. They’ve given it to the DAF sponsor.”
. . .