Brad Bedingfield to Moderate BBA's Program on Proposed Regulations on Donor Advised Funds

February 29, 2024
February 29, 2024
12:00 PM EDT

Brad Bedingfield, chair of the Nonprofit Group at Hemenway & Barnes, is moderating a panel discussing "Proposed Regulations on Donor Advised Funds: What to Expect" at the Boston Bar Association on February 29, 2024.

About the Program

Join your colleagues for a timely, in-person discussion about the recently proposed regulations on excise taxes on certain donor-advised fund (DAF) distributions. It will be an open discussion about how this first installment of proposed regulations published by the IRS and the U.S. Treasury Department related to excise taxes on certain distributions from DAFs under IRC Sec. 4966 may impact clients and their operations.

Presented by: The BBA's Tax-Exempt Organization Section


  • Brad Bedingfield, Partner and Chair of the Nonprofit Group of Hemenway & Barnes LLP (moderator)
  • Kelly Guarino, Vice President and Trust Counsel of Fiduciary Trust (panelist)
  • A.L. (Lorry) Spitzer, Counsel in the MIT Office of the General Counsel (panelist)

New Proposed Donor-Advised Fund Regulations May Broaden DAF Treatment, Chill Donor Involvement, and Threaten Tax Deductions

Continue reading for highlights from the Proposed Regulations that might affect current DAF holders and structures including: - Ability to Use Compensated Personal Investment Advisors for DAFs Effectively Precluded - Definitions of Donor-Advised Fund, Donor, and Donor-Advisor - Taxable Distribution Rules - Potential Threat to Income Tax Deductions - Applicability