Digesting Proposed DAF Regulations
Date & Time
Location
Zoom Webinar
Cost
Free for Members and Nonmembers
Zoom Webinar
Free for Members and Nonmembers
The Council's Government Affairs and Legal Resources team provided an overview of the IRS's proposed donor-advised fund (DAF) regulations. The proposed regulations clarify the definitions around DAFs, address excise taxes on taxable distributions made by a sponsoring organization from a DAF, and discuss rules around scholarships. Participants had the opportunity to ask questions during this webinar and shared insights that could help inform the Council's comments in response.
Our Government Affairs and Legal Resources team continues to analyze this proposal and plans to submit comments to the IRS. Comments are due by January 16, 2024, so let us know how these changes could impact your foundation. To help inform our comments, please email govt@cof.org to let us know how these changes might impact your work.