The tax bill is a warning to the nonprofit sector: reform or face the consequences
Wealthy foundations and nonprofits need to change their ways—not scare the rest of the field into submission.
Wealthy foundations and nonprofits need to change their ways—not scare the rest of the field into submission.
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.