Skip to Content
AP-National

Silent Donor platform offers anonymous donations to the mainstream, as privacy debate rages

By
Published 11:03 AM

By GLENN GAMBOA
AP Business Writer

NEW YORK (AP) — Silent Donor is flourishing just as the privacy debate for contributors heats up, especially for those using donor-advised funds to anonymously give to their favorite, and sometimes controversial, causes while also getting a tax break. In November, the IRS proposed new regulations to govern donor-advised funds, including changing what services can be considered tax-exempt and imposing a 20% excise tax on donations that provide a significant to the donor. Public comment on the new regulations will end on Feb. 15.

Article Topic Follows: AP-National

Jump to comments ↓

Associated Press

Related Articles

BE PART OF THE CONVERSATION

KVIA ABC 7 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content