United Philanthropy Forum Releases Statement on the Accelerating Charitable Efforts Act
Last week, Sens. Grassley (R-IA) and King (I-ME) introduced the Accelerating Charitable Efforts (ACE) Act, a bill that seeks to impose legislative mandates on donor-advised funds (DAFs) and private foundations. The Forum will work with our members, national partners, and experts in the field to take a deep dive on the proposed mandates in this bill and possible alternatives by gathering valuable feedback and examining critical data.