Grow Philanthropy Act of 2016
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Grow Philanthropy Act of 2016
This bill amends the Internal Revenue Code to exclude from the gross income of an individual who is at least 70-1/2 years of age up to $100,000 in distributions from an individual retirement plan to a donor-advised fund.
(A donor-advised fund is a fund or account that is separately identified by reference to contributions of a donor or donors. The account is owned and controlled by a sponsoring charitable organization, while the donor retains advisory privileges with respect to the distribution and investment of funds in the account.)
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4907: Grow Philanthropy Act of 2016. 114th Congress. Open America. https://openamerica.io/bill/114-HR-4907/
"H.R. 4907: Grow Philanthropy Act of 2016." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-4907/.
H.R. 4907, 114th Cong. (2026), https://openamerica.io/bill/114-HR-4907/.
[H.R. 4907: Grow Philanthropy Act of 2016](https://openamerica.io/bill/114-HR-4907/)