At 12:30 a.m. this morning, the Senate passed the Tax Relief Act of 2005 (S. 2020) by a vote of 64-33. The final bill contained a number of charitable reform provisions, including provisions affecting donor-advised funds and supporting organizations. Before final passage, Senators approved a title="http://www.cof.org/files/Documents/Government/Charitable%20Reform%20Resource%20Center/MCG05702_xml.pdf" href="http://www.cof.org/files/Documents/Government/Charitable%20Reform%20Resource%20Center/MCG05702_xml.pdf">Manager’s Amendment offered by Chairman Charles Grassley (R-IA) that made changes to the donor-advised fund and supporting organization provisions. Although the final bill language has not been released, the Council on Foundation's staff has done an initial analysis based on the content included in the bill reported out of the Senate Finance Committee on Tuesday and the Manager’s Amendment approved last night. title="http://www.cof.org/files/Documents/Government/Charitable%20Reform%20Resource%20Center/05_Initial_Summary_of_S._2020_1118.pdf" href="http://www.cof.org/files/Documents/Government/Charitable%20Reform%20Resource%20Center/05_Initial_Summary_of_S._2020_1118.pdf">Read the Council’s Initial Analysis of S. 2020