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The donor-advised fund shielding a billion-dollar exit

Philanthropy & social impact

The donor-advised fund shielding a billion-dollar exit

11 min

An investigation into how Silicon Valley founders use donor-advised funds (DAFs) to secure massive tax deductions during unicorn exits while delaying charitable impact for decades.

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Show notes

Analysis of the Accelerating Charitable Efforts (ACE) Act and its impact on DAF payout rules.

Breakdown of the tax benefits for donating pre-IPO shares versus cash.

Examination of the growth of national DAF sponsors like Fidelity and Vanguard.

Discussion of the Silicon Valley Community Foundation's role in regional wealth management.

Overview of the twenty twenty-six tax code changes affecting high-net-worth deductions.

In this episode

  1. 1Intro1 min
  2. 2The Mechanics of the Unicorn Exit2 min
  3. 3The Payout Gap: Warehousing Wealth3 min
  4. 4The Transparency Black Box2 min
  5. 5The Looming Regulatory Battle2 min
  6. 6Outro1 min

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The donor-advised fund shielding a billion-dollar exit — Fylom