Discover and read the best of Twitter Threads about #DAF

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#Thread Aujourd'hui, #Simplon fĂȘte ses 7 ans et demi 🎉 ! Pour l'occasion, on a invitĂ© nos partenaires et soutiens pour discuter de tous les sujets qui font Simplon 🚀 Retrouvez-nous toute la journĂ©e en live sur Twitter pour vivre l'Ă©vĂ©nement avec nous #lagederaison #weareSimplon
Et comme on n'a pas pu faire intervenir tout le monde, on voulait profiter de cette journĂ©e pour remercier les partenaires qui nous soutiennent, depuis le dĂ©but ou depuis quelques mois, parce que c'est grĂące Ă  elles et eux qu'on en est lĂ  aujourd'hui 🙏#lagederaison #weareSimplon
On profitera aussi de cette journĂ©e pour vous partager des tĂ©moignages d'apprenant.e.s Simplon, parce que c'est pour elles et eux que toute l'Ă©quipe se lĂšve tous les matins depuis 7 ans et demi. Bravo Ă  nos 10 000 Simplonien.nes Ă  travers le monde đŸ€© #lagederaison #weareSimplon
Read 166 tweets
CA's #nonprofits⁠—our clinics, shelters, food banks, senior centers & more⁠—are on the #COVID19 frontlines. Their services are needed now more than ever.

But they're struggling to raise what they need to serve.

Thread on why #DAFs must step up to help —nytimes.com/reuters/2020/0

What's a donor-advised fund (#DAF)?

As @hasanminhaj explains—they're one of the fastest growing vehicles for charitable giving in the US.

They're appealing bc when you give to a DAF, you take the tax break now—w/out any legal requirement of $ to go to nonprofits. Indefinitely.
DAFs are exploding in popularity—almost *tripling* in total assets since 07.

A *huge* sum of donations go to DAFs. But unlike donations to private foundations, DAFs are *not* legally required to donate a min amount to charities—they get a tax break, w/out having to spend a dime.
Read 10 tweets
#caleg nerds who appreciate a thorough & thought-provoking cmte analysis that breaks down a wonky issue into why it really matters: I recommend Asm Judiciary's analysis of #AB1712 by @BuffyWicks for your Sun reading pleasure: leginfo.legislature.ca.gov/faces/billAnal
 cc @AnandWrites #DAFs👇👇
Selected excerpts from #AB1712 @BuffyWicks analysis: #DAFs: "a donor-advised fund is a form of charitable giving whereby a donor makes a charitable contribution to a fund that is managed by a fund sponsor." /1
"While the assets in the fund are technically no longer controlled by the donor, typically, the fund sponsor permits the donor to direct the sponsor’s charitable giving activities originating with the assets in the fund." #AB1712 /2
Read 25 tweets

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