Uncover the secrets of billionaire philanthropy! This post dives deep into IRS Form 990, revealing how the ultra-rich spend their charitable dollars. #BillionairePhilanthropy #CharitableSpending #DonorAdvisedFunds #PhilanthropicAccountability #IRSForm990Goldmine https://quartzin.blogspot.com/2025/08/the-billionaire-secret-5-irs-form-990.html
The Billionaire Secret: 5 IRS Form 990 Filings That Show You Where the Money Goes

Uncover the secrets of billionaire philanthropy! This post dives deep into IRS Form 990, revealing how the ultra-rich spend their charitable dollars.

ProPublica Updates SCOTUS Connections Database
https://www.propublica.org/article/propublica-supreme-connections-database-new-filings

* U.S. Supreme Court justices’ finances
* new 1990s Clarence Thomas filings
* Sam Alito's latest disclosure

Comment: social justice advocates - this is superb - Nonprofit Explorer
https://projects.propublica.org/nonprofits
* incl. U.S. IRS Form 990 tax filings ... super important resource

#SocialJustice #LegalAdvocacy #HumanRights #Propublica
#nonprofits #501c3 #505c4
#Trump2 #GOP #RepublicanParty #fascism
#DarkMoney #DAF #DonorAdvisedFunds

ProPublica Updates Supreme Connections Database With Previously Missing Disclosures

We’ve added more information about the Supreme Court justices’ finances, including newly uncovered filings from Clarence Thomas from the 1990s and Samuel Alito’s latest disclosure.

ProPublica

Backgrounder on Tucker Carlson
https://truenorthresearch.org/2024/09/backgrounder-on-tucker-carlson

* Tucker Carlson platforming Nazi propaganda
* history of anti-immigrant, white supremacist comments
* True North reprises updated excerpt of previous backgrounder on Carlson

#FoxNews #TuckerCarlson #disinformation #GOP #conservatism #fascism #EnablingFascism #Nazism #Trumpism #WhiteSupremacy #xenophobia #antiLGBT #populism #misogyny #DonorsTrust #DonorAdvisedFunds #DAF #CharlesKoch #libertarianism #billionaires #TAXtheRich

Backgrounder on Tucker Carlson —

With Tucker Carlson back in the news for platforming Nazi propaganda, True North is reprising an updated excerpt of my previous backgrounder on Carlson, who has a history of anti-immigrant and white supremacist comments. Here are five more facts people should know about him. 1. Tucker Carlson Has a Pattern of Unapologetic Misogyny. As Harper’s Bazaar recapped, Media Matters […]

Donors get substantial tax deductions, including for complex appreciated assets, when they place funds into a #DAF.

But they have no obligation to distribute the funds to qualified charities.

And donations from DAFs are not transparent

#DonorAdvisedFunds

https://inequality.org/great-divide/abusive-donor-advised-funds

How Do We Fix Abuses of Donor-Advised Funds? - Inequality.org

Donor-advised funds are set up to provide more benefit to their wealthy donors than to public charities. We can fix that.

Inequality.org

For those interested in dark money funding and influence, this is an excellent forensic analysis of Charles Koch and his conservative, neoliberal organizations and spending.

Assets of Koch-Controlled Organizations Soar to Over $8.1 Billion
https://www.exposedbycmd.org/2024/05/08/assets-of-koch-controlled-organizations-soar-to-over-8-1-billion/

#DAF #DonorAdvisedFunds #DarkMoney #neoliberalism #liberalism #CharlesKoch #Koch #AmericansForProsperity #ALEC #ModelActs #capitalism #ChaseKoch #ExposedByCMD #CMD #WatchdogJournalism

Assets of Koch-Controlled Organizations Soar to Over $8.1 Billion - EXPOSEDbyCMD

The Koch fleet’s combined net revenue skyrocketed in 2022, up to $4.8 billion.

EXPOSEDbyCMD

Around $11 million spent 2018-23 on congressional #lobbying related to #donoradvisedfunds, mostly lobbying against changing the status quo.

Chronicle of Philanthropy article (paywall, interviews both sides of the reform conversation): https://www.philanthropy.com/article/philanthropy-spent-11-million-to-prevent-changes-to-daf-rules

Institute for Policy Studies report (IPS advocates for law and regulatory changes in DAFs): https://ips-dc.org/wp-content/uploads/2024/04/Policy-Report-Who-Is-Lobbying-Against-Charity-Reform-4-5-final.pdf

The Institute for Policy Studies analyzed 1,401 #donoradvisedfunds sponsors, creating a parallel data set to NPT's annual report. Different from NPT, the Institute separated from the group of national DAF sponsors 9 DAFs that serve as workplace giving sponsors or donation processors.

https://inequality.org/great-divide/daf-sponsor-numbers/

National Donor-Advised Funds Are Hiding Behind Donation Processors to Make Themselves Look Better - Inequality.org

Some donor-advised fund sponsors claim to democratize giving. They are making themselves look more egalitarian than they actually are.

Inequality.org

The majority of American #taxpayers (of both major political parties) support reforms for #foundations #donoradvisedfunds #charitabledonations. The data came out after foundations were on Capitol Hill advocating for the status quo.

https://inequality.org/research/charity-reform-poll/

New Poll Shows Support for Charity Reform Across the Political Spectrum - Inequality.org

There's surprising, cross-partisan consensus on the current state of charitable giving and the incentives our tax system provides to donors.

Inequality.org

Want to learn more about the proposed #IRS regulations of #donoradvisedfunds? Two organizations are offering free webinars:

- Jan 10 by DAF Giving Summit https://app.livestorm.co/dafsummit/irs-daf-regulations-what-they-do-and-how-to-get-involved?type=detailed

- Jan 16 by Charitable Solutions https://us06web.zoom.us/webinar/register/WN_3JYUZk6SS5WQnFEa5Zzl6A#/registration

- Jan 18 by Charitable Solutions https://us06web.zoom.us/webinar/register/WN_kSm23WwNQx2daTvBdXpDhg#/registration

IRS DAF regulations: What they do and how to get involved | DAF Giving Summit

In late 2023, Treasury and IRS released proposed regulations that will change how DAFs are defined and used. With a week until the comment submission deadline, join us to understand how various sta...

DAF Giving Summit
RFK Jr.'s Anti-Vax Orgs Are Being Funded By Major Charities

How Children’s Health Defense and other anti-vax groups quietly raked in money from anonymous donors through some of the country's largest charities

Rolling Stone