It’s Time for an Emergency Charity Stimulus

 In News

Lawmakers are considering an “emergency charity stimulus” in order to unlock an additional $200 billion in charitable resources over the next three years. The temporary legislation would mandate that foundations double their payout from 5% to 10% and that DAFs have a 10% payout, as well.

As Inside Philanthropyhas reported, foundations are digging deep right now and voluntarily increasing their payout. The Libra Foundation and the Wallace Global Fund have recently announced boosts in their payouts.

Read more in Inside Philanthropy.

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