Writings by Randall

Philanthropy can no longer afford to let trillions sit idle while communities face urgent challenges. A bipartisan proposal to raise foundation payout rates—and establish a minimum for DAFs—could unlock $20–35 billion in new annual funding for nonprofits. The math is simple, the moral case is strong, and the impact would be transformative. When both parties agree it's time to put capital to work, the sector should pay attention.