Catholic Law Professor Roger Colinvaux, director of the Law and Public Policy Program, was quoted in a recent article in The Chronicle of Philanthropy. Colinvaux shared his thoughts on Fidelity Charitable, the nation’s largest donor-advised-fund sponsor, and their move to eliminate required minimums to create accounts. Colinvaux noted that while the change could “democratize” philanthropy, it could also "further undermine direct giving."
The Chronicle of Philanthropy
By: Alex Daniels
Date: September 30, 2020
Fidelity Charitable Allows Donors to Create Fund With Any Amount, No Matter How Small
“Having a minimum amount to set up a fund maintains a barrier to entry for some who want to get into the donor-advised-fund market,” he says.
Click here to read Colinvaux’s full comments.