1.0Philanthropy Roundtablehttps://www.philanthropyroundtable.orgJack Salmon in Philanthropy Daily: Biden’s Proposed Budget Vilifies Wealth and Threatens Philanthropy rich600338<blockquote class="wp-embedded-content" data-secret="xBnwWjcEFr"><a href="https://www.philanthropyroundtable.org/jack-salmon-in-philanthropy-daily-bidens-proposed-budget-vilifies-wealth-and-threatens-philanthropy/">Jack Salmon in Philanthropy Daily: Biden’s Proposed Budget Vilifies Wealth and Threatens Philanthropy </a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.philanthropyroundtable.org/jack-salmon-in-philanthropy-daily-bidens-proposed-budget-vilifies-wealth-and-threatens-philanthropy/embed/#?secret=xBnwWjcEFr" width="600" height="338" title="“Jack Salmon in Philanthropy Daily: Biden’s Proposed Budget Vilifies Wealth and Threatens Philanthropy ” — Philanthropy Roundtable" data-secret="xBnwWjcEFr" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://www.philanthropyroundtable.org/wp-content/uploads/2024/04/Jack-in-the-news.jpg19201920In an op-ed published by Philanthropy Daily, Philanthropy Roundtable Director of Policy Research Jack Salmon responds to President Biden’s proposed 2025 budget and its restrictions on donor-advised funds (DAFs). In opposition to Biden’s proposals, Salmon explains how DAFs allow foundations to pursue their charitable missions effectively and provide the ability to innovate and respond quickly in times of crisis. Salmon also says excessive regulation would negatively impact charitable giving and communities in need.