In a year dramatically disrupted by the pandemic, affluent Americans’ generosity didn’t waver, according to preliminary findings from the 2021 Bank of America Study of Philanthropy: Charitable Giving by Affluent Households. The vast majority of affluent Americans, nearly 90%, gave to charity in 2020. And nearly half (47%) donated to charitable organizations or financially supported individuals or businesses in direct response to the pandemic.
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
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.