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Donor-advised funds (DAFs) are tax-efficient ways to empower individuals to give money to causes they support — and they're charities in their own right that are responsible for all the donations they make. Axios reports that the tension is causing real problems — including a new securities fraud accusation against Goldman Sachs.
Goldman Sachs spokesperson Tony Fratto told Axios that when it comes to DAF donations, "we can't police the politics and ideology of our workforce," and that Goldman's corporate donations to initiatives like One Million Black Women dwarf all employee donations to the far-right funds.
https://www.axios.com/newsletters/axios-markets-eb7b9430-0bdc-11ef-99dc-f7769ab9c2b5.html
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