Donor-advised funds, the financial instrument du jour for philanthropy, are not always what they seem. http://www.nybooks.com/articles/2016/07/14/the-undermining-of-american-charity/ … https://twitter.com/MikeIsaac/status/804111956453953536 …
on their commitments, especially when they park hundreds of millions in DAFs.
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@siliconvalleycf has grown into one of the largest DAF managers in the US over the last few years. -
Jan Koum, for example, parked half a billion in one a few yrs ago....
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