If you understand “Time Value of Money,” then you’ll understand just how uncharitable these schemes are — and the users know it. In the second article in the Born in the DSA series, I’d like to introduce you to a business school Econ 101 unit called “Time Value of Money.” In a nutshell, it works like this: In 2025, I have $100. For that $100, I can buy $100 … [Read more...] about Born in the DSA*: It’s Time To Outlaw Donor Advised Funds (DAFs)