- Path:
-
Volume
Files
File
Description
Size/Format
Periodical
- Title:
- Nonprofit policy forum
- Publication:
-
Berlin Boston, Mass.: de Gruyter
- Note:
- Gesehen am 24.01.2023
- Open Access
- Namensnennung 4.0 International
- Archivierung/Langzeitarchivierung gewährleistet
- 355!URL-Ä(09-02-12)
- Scope:
- Online-Ressource
- ISSN:
- 2154-3348
- ZDB-ID:
-
2629331-6
- VÖBB-Katalog:
- 35425717
- Keywords:
- Zeitschrift
- Classification:
- Wirtschaft
- Collection:
- Wirtschaft
- Copyright:
- Rights reserved
- Accessibility:
- Free Access
- Title:
- Nonprofit policy forum
- Publication:
-
Berlin Boston, Mass.: de Gruyter
- Note:
- Gesehen am 24.01.2023
- Open Access
- Namensnennung 4.0 International
- Archivierung/Langzeitarchivierung gewährleistet
- 355!URL-Ä(09-02-12)
- Scope:
- Online-Ressource
- ISSN:
- 2154-3348
- ZDB-ID:
-
2629331-6
- VÖBB-Katalog:
- 35425717
- Keywords:
- Zeitschrift
- Classification:
- Wirtschaft
- Collection:
- Wirtschaft
- Copyright:
- Rights reserved
- Accessibility:
- Free Access
Article
- Title:
- Donor Advised Fund Policies and Intergenerational Justice
- Publication:
-
Berlin Boston, Mass.: de Gruyter, 2025
- Language:
- English
- Information:
- Abstract: Questions about donor advised funds (DAFs) abound in the nonprofit sector. Every year more money is contributed, with donations to DAFs doubling in the past five years. A key set of questions about DAFs relates to how long that money stays in DAFs before being redistributed. Writing previously in Nonprofit Policy Forum, Murray (Murray, I. 2020. “Donor Advised Funds: What Can North America Learn from the Australian Approach?” Canadian Journal of Comparative and Contemporary Law 6: 260–304) proposed the use of normative theories of intergenerational justice to address such questions and discussed how the duties that apply to directors/trustees of the public charities that sponsor DAFs might be one mechanism for incorporating intergenerational justice principles. DAF sponsor policies are a key tool for directors/trustees to meet their duties and to set the scope for delegations of authority and to review and monitor those delegations. Heist and Stone (Heist, D., and K. Stone. 2023. Self-Regulating Donor Advised Funds: An Analysis of Inactive Account Policies and Endowed DAFs. DAF Research Collaborative Working Paper) published a white-paper reviewing timing-relevant policies from the largest 150 DAF sponsors in the US. The empirical findings in that paper and the organizational policies assembled by Heist and Stone provide an opportunity to explore whether Murray’s suggested approach is reflected in DAF sponsor policies on inactive accounts, endowed DAF accounts, and succession. In this article, we therefore seek to answer the question: to what extent do current DAF sponsor policies reflect principles of intergenerational justice? We provide evidence that current DAF policies do, to some extent, reflect norms of intergenerational justice, but that there is room for improvement.
- Scope:
- Online-Ressource
- Note:
- Open Access
- Archivierung/Langzeitarchivierung gewährleistet
- Keywords:
- intergenerational justice ; donor advised fund ; charity law ; delay ; DAF sponsor policies
- Classification:
- Wirtschaft
- DDC Group:
- 330 Wirtschaft
- Collection:
- Wirtschaft
- Copyright:
- CC BY
- Accessibility:
- Free Access
- Title:
- Donor Advised Fund Policies and Intergenerational Justice
- Publication:
-
Berlin Boston, Mass.: de Gruyter, 2025
- Language:
- English
- Information:
- Abstract: Questions about donor advised funds (DAFs) abound in the nonprofit sector. Every year more money is contributed, with donations to DAFs doubling in the past five years. A key set of questions about DAFs relates to how long that money stays in DAFs before being redistributed. Writing previously in Nonprofit Policy Forum, Murray (Murray, I. 2020. “Donor Advised Funds: What Can North America Learn from the Australian Approach?” Canadian Journal of Comparative and Contemporary Law 6: 260–304) proposed the use of normative theories of intergenerational justice to address such questions and discussed how the duties that apply to directors/trustees of the public charities that sponsor DAFs might be one mechanism for incorporating intergenerational justice principles. DAF sponsor policies are a key tool for directors/trustees to meet their duties and to set the scope for delegations of authority and to review and monitor those delegations. Heist and Stone (Heist, D., and K. Stone. 2023. Self-Regulating Donor Advised Funds: An Analysis of Inactive Account Policies and Endowed DAFs. DAF Research Collaborative Working Paper) published a white-paper reviewing timing-relevant policies from the largest 150 DAF sponsors in the US. The empirical findings in that paper and the organizational policies assembled by Heist and Stone provide an opportunity to explore whether Murray’s suggested approach is reflected in DAF sponsor policies on inactive accounts, endowed DAF accounts, and succession. In this article, we therefore seek to answer the question: to what extent do current DAF sponsor policies reflect principles of intergenerational justice? We provide evidence that current DAF policies do, to some extent, reflect norms of intergenerational justice, but that there is room for improvement.
- Scope:
- Online-Ressource
- Note:
- Open Access
- Archivierung/Langzeitarchivierung gewährleistet
- Keywords:
- intergenerational justice ; donor advised fund ; charity law ; delay ; DAF sponsor policies
- Classification:
- Wirtschaft
- DDC Group:
- 330 Wirtschaft
- Collection:
- Wirtschaft
- Copyright:
- CC BY
- Accessibility:
- Free Access
