“5 for 5:” The tenuous place of Big Philanthropy in America’s social contract
The fourth in a series of five republished articles to mark our fifth anniversary.
5Aug2024
Reece Committee
Some past proposed specific time limits on tax benefits for private foundations
In the wake of Warren Buffett’s announcement that he will create huge new charitable trust upon his death, some historical context.
9Jul2024
Three vie to chair powerful House Ways and Means Committee
Jurisdiction includes nonprofit tax law and its oversight.
12Dec2022
Leaders of aggressive Congressional investigations of philanthropy—past, and potential future?
Given the growing number of harsh progressive, populist, and just plain rule-of-law critiques about so much of unelected, unaccountable, and tax-favored establishment philanthropy, there may be a desire on the part of policymakers to aggressively examine some or all of it again.
24Feb2022
From the archives, an excerpt of René A. Wormser’s Foundations: Their Power and Influence
“Political activity,” according to the Reece Committee general counsel’s 1958 book, “endangers the future of the foundation as an institution.”
7Feb2022