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home > legislative update > 04.03.07
At the IRS: The IRS is seeking comments from the tax-exempt sector on a study that will be given to Congress. While the title of the study is "Donor-Advised Funds and Supporting Organizations," we understand the study is possibly intended to be broader.For example, on page 9 of the study, Question 4 focuses on donor-advised funds and supporting organizations payout requirements, but part (d) of that question broadens the focus to all tax-exempt entities, including foundations. The request for comments can be found at irs.gov/pub/irs-drop/n-07-21.pdf. Comments are due by April 9th
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