The Ninth Circuit Court of Appeals has affirmed a trial court decision dismissing a suit by the creator of a donor advised fund who sought reputational and other damages on the ground that the sponsor of the DAF paid excessive fees for managing the investments and deprived him of funds to distribute to other charities. ( See Nonprofit Issues ® Vol. XXXI No. 2 ) The Court has ruled that the donor lacks standing to sue when he has given up all rights to the assets. Philip Pinkert sued Schwab Charitable Fund and claimed he was injured in four ways. He claimed that he had retained a property right to direct the use of the funds and the excessive fees impaired his ability to exercise that...