tax reform
Search documents
Giving to donor-advised funds surges on expiring tax cuts and a hot stock market
CNBC· 2026-01-30 12:00
Core Insights - Charitable giving saw a significant increase in 2025, driven by strong stock market returns and tax reform, with donors granting a record $9.9 billion to charities, marking a $2.2 billion or 28% increase from the previous year [2]. Group 1: Charitable Giving Trends - The total charitable contributions reached $9.9 billion in 2025, reflecting a substantial growth of 28% compared to the prior year [2]. - A record 74% of contributions were made in the form of non-cash assets, including ETFs, index funds, real estate, and cryptocurrency [4]. Group 2: Donor-Advised Funds (DAFs) - Donors can contribute cash or assets to donor-advised funds (DAFs) and receive an immediate tax deduction, allowing them to decide later how to distribute their gifts [3]. - DAFs provide a simpler way for donors to offload appreciated assets without incurring capital gains tax, as assets continue to appreciate until grants are made to charities [3]. - Julie Sunwoo, president of DAFgiving360, emphasized that DAFs excel in helping donors manage appreciated or illiquid assets, allowing for strategic planning in charitable giving [4].
Javier Milei's Party Wins Argentina Midterm Election
Bloomberg Television· 2025-10-27 06:59
It's a landslide victory compared to expectations we've been hearing from US President Donald Trump on Air Force One, telling reporters that Milley had a lot of support from him. So how much was it down to Trump's support. Well, certainly what we see from the result of this vote is that Argentine voters are certainly in favor of the economic overhauls that Javier Melaye has been proposing since he entered Argentina's political scene.What we also saw over the past few weeks was that there was volatility in t ...
LIVE: Treasury Secretary Scott Bessent testifies on FY 2026 budget request and tax reform — 6/12/25
CNBC Television· 2025-06-12 13:59
The Senate Finance Committee holds a hearing on fiscal year 2026 budget for the Department of Treasury and tax reform with Treasury Secretary Scott Bessent on Thursday. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market news and analysis. Fr ...