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The Great Charitable Debate

Understanding Both Sides of Proposed Accelerating Charitable Efforts Act

The Accelerating Charitable Efforts (ACE) Act was proposed in June 2021 by Senators Charles Grassley (R-IA) and Angus King (I-ME) to speed the movement of money from donors and foundations to nonprofit organizations. However, the legislation has sparked great debate over its intent and the potential implications, if passed. Here's what you need to know.

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