The examination of Michigan funds has given proponents of new Senate legislation to regulate donor-advised funds fresh ammunition. But not everyone agrees on what the numbers mean.
By Michael Theis
Contributor
Lessons Learned From 2020 Crises Highlighted at Fundraisers Conference
Attendees urged boardroom equity and discussed how the past year has demonstrated that working 40 hours a week in the office is unnecessary.
By Emily Haynes
Senior Editor
Plus, the Helmsley Charitable Trust is giving $20 million to improve water, sanitation, and hygiene systems for rural residents of Alaska.
By M.J. Prest
Senior Editor, Solutions
L.A. Housing Nonprofit Finds New Ways to Reach More Supporters
Virtual donor visits and tours have saved employees at LA Family Housing hours of driving time, and outreach to online influencers has raised awareness of the group’s work. Plus: See our <a href="https://sandbox.philanthropy.com/package/creative-moves">entire special report</a> on how charities have built on changes they made during the pandemic to shape the future.
By Maria Di Mento
Senior Editor
Key Economic Indicators Show How Charities Are Affected by Split in Recovery for Rich and Poor
Services for the poor will continue to be in high demand and groups that raise small gifts face continued challenges, but organizations that rely mostly on the wealthy for revenue should fare well.
By Michael Theis
Contributor
Professor Gives Tufts $10 Million for Entrepreneurship
Plus, brother and sister tech investors, Shervin Pishevar and Sarah Pishevar Haynes, gave Howard University $3 million to honor their father, Abraham Pishevar.
By Maria Di Mento
Senior Editor
Analyzing the data shows that even though many people accumulated great wealth last year, their philanthropy did not keep up.
Airbnb Commits $100 Million for Community Development Worldwide
Also, three investment firms have pledged $90 million to train students at historically Black colleges and universities for careers in cryptocurrency and other alternative investments.
By M.J. Prest
Senior Editor, Solutions
Current events motivated men and women to make charitable giving a priority, but the changes were greater for men — and that means they are catching up to women in their interest in supporting good causes.
By Maria Di Mento
Senior Editor
Study Points to Continued Growth in Giving in 2021
New analysis from the Fundraising Effectiveness Project points to an increase in new and retained donors as well as an uneven fundraising landscape skewed by large gifts.
By Emily Haynes
Senior Editor
Billions Flood Into Blue Meridian as It Seeks to Help Innovative Nonprofits
The group is aggregating huge amounts of cash to give patient, no-strings-attached capital — as well as coaching and guidance — to organizations that have developed promising ways to solve social problems.
By Alex Daniels
Senior Editor, Foundations
Liberty Media Chairman John Malone Gives $25 Million to Medical Center
Plus, a community college in Long Beach, Calif., landed $30 million from the billionaire MacKenzie Scott, and her former in-laws, Jacklyn and Miguel Bezos, gave $12 million to a private school for financial aid.
By Maria Di Mento
Senior Editor
Value of Charitable Deduction for All Americans Still Unclear
Charitable giving was sluggish in 2020, according to “Giving USA,” making it hard to see a clear benefit from the temporary tax provisions allowing Americans to deduct charitable gifts even if they don’t itemize.
By dan.parks and Eden Stiffman
JPMorgan Chase Pledges $400 Million to Expand Affordable Housing for People of Color
Also, the University of Utah has received $110 million for its School of Medicine, and the Wyss Foundation has committed $108 million to protect wildlife and parks throughout Africa.
By M.J. Prest
Senior Editor, Solutions
MacKenzie Scott Gives $2.7 Billion in Another Round of Big Gifts to Small Charities
Scott urged other donors to keep pouring money into organizations and leaders making a difference, noting that too many groups receive too little to accomplish their essential missions.
By Maria Di Mento
Senior Editor
A flood of donations to support Covid-19 relief and racial justice efforts, coupled with stock-market gains, led Americans to give a record $471 billion to charity in 2020.
By Anna Pruitt and Jon Bergdoll