This Article presents a proposal for further modifying donor advised funds to retain most of their hallmark flexibility and ease of use while drawing them into line with other charitable giving vehicles that put contributed funds to use for active charitable purposes. This Article argues that using individual retirement accounts as an underlying legal model for donor advised funds will address Congress's concerns regarding the appropriateness of the income tax deductions for contributions to donor advised funds while allowing donor advised funds to retain much of their hallmark flexibility and ease of operation.
Michael J. Hussey,
Avoiding Misuse of Donor Advised Funds,
58 Clev. St. L. Rev.
available at http://engagedscholarship.csuohio.edu/clevstlrev/vol58/iss1/4