... that receives donations from an individual. Donors can receive an immediate tax deduction based on their donation ... ensure compliance while maintaining the benefits of DAFs for charitable purposes. Specifically, the proposed ... and Sponsoring Organizations: Specifies the criteria for a fund to be considered a DAF and defines a sponsoring ...
... charitable deduction and raise the caps from $300 for individuals ($600 for joint filers) to approximately ... civil society, vital to both nonprofit charities and local governments that depend on these resources to achieve ... policy – a simple calculation shows that those in need receive at least $2.50 in benefit for every $1 of tax ...