Key Facts
Key Information
About
The Philanthropy Project is a coalition of nonprofit leaders and critics pushing for reforms to donor-advised funds, such as accelerated payout requirements, through public advocacy and policy campaigns. It promotes greater transparency and equity in the philanthropy sector, emphasizing regulatory changes to address perceived abuses in tax-advantaged vehicles. The project positions itself against entities like Donors Trust that facilitate conservative grantmaking via donor-advised funds. Key activities include collaborating with policymakers, publishing reports, testifying on proposed legislation like the Accelerating Charitable Efforts Act, conducting research on philanthropic practices, media outreach, and coalition-building with aligned nonprofits to amplify calls for reforms. Critics within the project argue that lax rules enable undue influence by wealthy donors, undermining public trust in charity. Their efforts have drawn attention in congressional hearings and philanthropy trade publications. While not a grantmaking entity itself, the project influences funder behavior by highlighting best practices for responsive giving and supporting grassroots movements for philanthropic accountability.