What has contributed to the rise in popularity of donor advised funds?
Donor-Advised Funds Are All the Rage in Charitable Giving

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Business, Social Studies
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Their association with well-known financial institutions
Mandatory charitable contributions
Higher interest rates on savings
Increased government funding
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the primary concern of Congress in 1969 regarding private foundations?
High administrative costs
Donor control over funds without spending
Excessive charitable spending
Lack of public awareness
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do donor advised funds differ from traditional charities in terms of fund distribution?
They are only for small donations
They have mandatory payout rules
There is no obligation for funds to be distributed
They offer higher tax benefits
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What psychological factor affects donors' decisions to distribute funds from their DAF accounts?
Feeling of satisfaction from watching the account grow
Desire to maintain anonymity
Pressure from financial advisors
Fear of losing tax benefits
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might financial advisors encourage clients to use donor advised funds?
To avoid taxes
To increase their management fees
To simplify the donation process
To support local charities
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential issue with the transparency of donor advised funds?
Donors cannot track their contributions
They are not regulated by the government
There is limited visibility into how funds are managed
They do not provide tax benefits
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might prompt Congress to review the regulations surrounding donor advised funds?
The increasing number of DAFs
The decline in traditional charity donations
The large tax benefits without distribution requirements
The involvement of international donors
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