Ray Madoff, Interview, With Less Charitable Giving Flowing Directly to Charities, a Tax Policy Scholar Suggests Some Policy Fixes, The Conversation (Jan. 6, 2026):

I have two proposals.

First, I believe that private foundations and donor-advised funds should have to distribute their funds that are reserved for charity within some set time period.

Second, I think that just as other Americans are subject to limitations on their tax benefits, the wealthiest should be subject to limitations on their tax benefits too.

Related TaxProf Blog coverage:

• David Cay Johnston Reviews The Second Estate, by Ray Madoff (Nov. 4, 2025)
• Madoff: Tax Write-Off Now, Charity Later (Nov. 22, 2011)