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On A Shoestring

Brown Advisory

One of our firm’s strategic advisors was on the Reagan-era tax policy team that implemented the 5% rule; they sought to ensure that private foundations did not become favorable havens for tax-free growth. The analysis behind these charts, despite their straightforward appearance, is deep and comprehensive.

article thumbnail

On A Shoestring

Brown Advisory

One of our firm’s strategic advisors was on the Reagan-era tax policy team that implemented the 5% rule; they sought to ensure that private foundations did not become favorable havens for tax-free growth. The analysis behind these charts, despite their straightforward appearance, is deep and comprehensive.