Congress has passed the most sweeping set of changes to the rules governing charities since 1969 (H.R. 4), enacting a legislative definition and series of regulations for donor advised funds, imposing new limitations on supporting organizations and generally tightening a series of rules to improve the “accountability” of charities and donors. One of the provisions calls for recapture of deductions for appreciated personal property if the charity does not use the property in its charitable program. The bill has also enacted some incentives for charitable giving, most of which are operative only until the end of 2007.