ProPublica: Donating Valuables Through Private Foundations Generates Millions In Tax Deductions But Little Public Benefit

ProPublica, How the Ultrawealthy Use Private Foundations to Bank Millions in Tax Deductions While Giving the Public Little in Return: For the ultrawealthy, donating valuables like artwork, real estate and stocks to their own charitable foundation is an alluring way to cut their tax bills. In exchange for generous tax…

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