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Charities say gifts by deceased donors are getting held up at financial firms

CNBC Business·September 17, 2026·1 min read
Charities say gifts by deceased donors are getting held up at financial firms

Nonprofits are pushing back against financial institutions' policies that require collecting personal information of charity employees before releasing gifts from deceased donors. Charities say these requirements delay or block donations, hindering their operations. They urge firms to streamline processes to ensure timely distribution of funds intended for charitable causes.

Read at CNBC Business
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