CFPAI (Lorie Slutsky)

Summary: The Community Foundation Public Awareness Initiative (CFPAI), representing 115 community foundations, supports the proposed regulations that facilitate charitable giving through donor-advised funds (DAFs). They argue for maintaining consistency between DAF and direct payments regarding bifurcated fees, support the ability to satisfy pledges via DAFs, and oppose new administrative burdens or timed payout requirements that would hinder philanthropic flexibility.