The Rockefeller Foundation announces a commitment to divesting its $5 billion endowment from existing fossil fuel interests while refraining from future fossil fuel investments. The Foundation’s Board of Trustees recently approved this new policy, prompting the Foundation’s investment team to start taking steps that are expected to more than halve its total exposure to fossil fuels to less than 1% in the near future.… Read more »
On Giving Tuesday, philanthropists and leaders of major foundations launched the Initiative to Accelerate Charitable Giving, a coalition dedicated to promoting common-sense, non-partisan charitable giving reforms that increase and accelerate resources to working charities, while enhancing the efficacy of the philanthropic sector writ large. Coalition members represent a broad spectrum of interests across philanthropy, and include private foundations such as the Ford Foundation, Hewlett… Read more »
New research finds that 35 percent of Americans expect to donate less money or no money to charitable causes in the coming year as the economic crisis and high unemployment linger. But, the research also indicates there are demographics that plan to increase their donations. More younger Americans (aged 18-34), for example, plan to increase their giving in the coming year when compared to Americans aged 35 and older.
A spring campaign that raised more than half a million dollars is just one way West Virginia’s philanthropic community is trying to help the state’s residents weather the storm of COVID-19. The results of May’s Take 5 to Give 5 campaign were discussed at a virtual press conference Thursday hosted by Philanthropy West Virginia to highlight the efforts and ongoing needs. “It just proves… Read more »
Vida Joven in a nutshell? Misery-central @ intake: abandoned kids living unprotected on the streets. Yet most Vida Joven orphans eventually go to college (yay!) … overcoming multiple traumas en route. If I had to pick just one charity to give to (of the 3 dozen we DO give to) … it would be Vida Joven. Huge impact on those served? CHECK!An unimaginably tough… Read more »
One of the Giving Pledge philanthropists and co-founder of Microsoft, Paul Allen, recently died. But at his death he was worth more than he was when he signed the Giving Pledge, a pledge that 186 of the wealthiest philanthropists have made to give away half of their net worth before they die.
This inspired Alana Semuels, writing in the Atlantic, to ask whether the Giving Pledge is realistic. When Allen signed the Pledge in 2010 he was worth $13.5 billion, when he died he was worth $20 billion. So despite the fact that he made many large donations to nonprofits during that time, he dramatically failed to meet his pledge.
New Study Contains Revealing Data on Giving by High Net Worth Women, Millennials and Other Groups
The 2018 U.S. Trust Study of High Net Worth Philanthropy, published today in partnership with the Indiana University Lilly Family School of Philanthropy, finds that wealthy Americans continue to be generous with their time and money, increasing the amount they gave on average to charitable causes and organizations in 2017, including giving in the wake of natural disasters. The biennial study shows that 90 percent of high net worth (HNW) households gave to charity last year, and 48 percent volunteered time to nonprofit organizations and causes.
It started with a threat, from a board member in the midst of a board meeting. “If she doesn’t produce in a year, she’s out of here.” Thirty seconds. Sixty seconds. Silence hung in the room like fog at dawn. I was beginning my third job with a nonprofit. The first two positions were highly-sought-after spots with low-pay and high-perks. … Read more »
Something pretty interesting is happening in the world of philanthropy. Anand Giridharadas, journalist and former Aspen Institute fellow, has just written a pretty major indictment of modern philanthropy in his new book, Winners Take All: The Elite Charade of Changing the World. Giridharadas takes big philanthropists to task for reinforcing the social problems they claim to be solving. He’s creating lots (and lots and lots) of buzz, and adding… Read more »
The 18-hour online fundraiser generated a mind-boggling $48 million for area charities, according to organizer Communities Foundation of Texas. That’s a 20 percent leap over last year’s remarkable $39 million. Read more at https://www.dallasnews.com/business/philanthropy/2018/09/21/north-texas-giving-day-brings-mind-boggling-47-million-charities Article Author: Holly Haber – Dallas News
Turning 10 is a big deal, especially for the nation’s biggest community day of giving, which this year will occur September 20. Communities Foundation of Texas will mark North Texas Giving Day’s milestone year with a slew of newness and improvements, ranging from a new platform that enables personalized crowdfunding, an ambassador program to spread the word and increase participation, four new qualifying counties… Read more »
1. Why Eleven and Three-Quarters? Be a little less predictable. “10 Top Tips” is predictable. “11 Top Tips” is a little less predictable, but still pretty obvious. I ripped this idea off, as most of you immediately recognized, from Harry Potter’s Track Nine and Three-Quarters at King’s Cross Station. Steal well. And often. But don’t steal from failures. Which means you’ll have to learn… Read more »
Discover how to create a culture of philanthropy at our Fundraising: Whose Responsibility Is It? workshop on Tuesday, April 17. This workshop will explore the different roles and responsibilities related to fundraising and how to submit a grant proposal. The workshop will be held at the San Antonio Area Foundation at the Pearl, from 9am-12pm. Fundraising is a critical component to the health of… Read more »
The Allstate Foundation, together with five of America’s leading corporations, including the Albertsons Companies, AT&T, Intel, Moody’s and T. Rowe Price are adopting the IGP platform as their standard for reporting on the results of the nonprofits who benefit from their annual corporate philanthropy.
The 2018 Foundation Operations and Management Report is based on the 17th operations and management survey of members of Exponent Philanthropy that was fielded in summer 2017. The report details trends in foundation grantmaking, operations, investments, and governance.
Based on the largest analysis of overall and online giving data, Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced the availability of its annual Charitable Giving Report, featuring the earliest, most comprehensive look at how fundraising performed in 2017.