In 2005, members of the United States Senate Committee on Finance, and others, criticized the foundation structure of TCF, and other charities, for arguably permitting givers to take tax deductions out of proportion to the actual amounts given for public charity, and for potentially allowing the donors to have effective control of the community foundation.
In 2005, members of the United States Senate Finance Committee, along with others, criticized the foundation structure of TCF and other charities. They believed that this setup might allow givers to claim tax deductions in excess of their actual charitable contributions for public causes, and potentially give donors significant control over community foundations.