The Private Foundation Minimum Distribution Requirement and Public Policy
2013 ◽
Vol 36
(1)
◽
pp. 165-180
◽
Keyword(s):
ABSTRACT This study examines the public policy rationale for the minimum distribution requirement that requires private foundations to spend at least 5 percent of their assets on charitable purposes. The study explicitly models an objective function that the government tries to maximize and a population of heterogeneous contributors that care about both distributions to charity and assets under their control. An increase in the minimum distribution requirement increases the rate of charitable distributions from some foundations, but deters other contributors from forming foundations. The level of the minimum distribution requirement reflects a trade-off between these two effects.
Keyword(s):
Keyword(s):
Keyword(s):
Keyword(s):
2020 ◽
pp. 104-118
Keyword(s):
2019 ◽
Vol 10
(1)
◽
pp. 88-111
Keyword(s):
2013 ◽
Vol 2013
◽
pp. 1-13
◽
Keyword(s):
Keyword(s):