Philanthropy News Digest publishes daily abstracts of original articles, press releases, and grantmaker communications about grants, initiatives, reports, and personnel changes.

Congress, IRS Aim to Regulate Popular Donor-Advised Funds

June 23, 2005

Later this summer, Senate Finance Committee chairman Charles Grassley (R-IA) will unveil legislation to establish a legal framework for the funds, requiring greater disclosure from the tens of thousands of Americans who use them....