By Terri Lynn Helge A wealthy family recently sued the University of Chicago for allegedly not living up to promises the school made before getting a $100 million pledge, claims the university says lack merit. Another rich donor rescinded a $14 million gift to the University of Nevada, Las Vegas that they had made contingent on retaining the school’s president when the president made it clear he was moving on. At the same time, George Mason … [Read more...] about Disappointed Donors can’t Count on Getting their Charitable Money Back
By Robert I. Evans
Charitable giving in the United States in 2017 reached a record high of more than $410 billion, according to Giving USA, the major annual report that closely follows trends and actual philanthropic activities across the U.S. Released today, the report reflects that nonprofits received $410.02 billion in 2017, a 5.2% increase in current dollars and a 3% increase in inflation-adjusted dollars over the results reported for … [Read more...] about U.S. Charitable Giving Reached All-Time High in 2017:
What About Jewish Philanthropy?
Crossing the $400 billion mark for the first time, the stock market and favorable economic conditions helped drive solid growth in contributions across the board Powered by a booming stock market and a strong economy, charitable giving by American individuals, bequests, foundations and corporations to U.S. charities surged to an estimated $410.02 billion in 2017, according to Giving USA 2018: The Annual Report on Philanthropy for the Year … [Read more...] about Giving USA 2018: Americans Gave $410.02 Billion to Charity in 2017, a 5.2% Increase
While relatively little giving occurs in the first three months of the year, data from the Fundraising Effectiveness Project’s (FEP) 2018 First Quarter Report shows some early warning signs for charities and giving. The Report, which looks at giving data from January to March 2018 and compares it to the same time period in 2017, reveals that every metric the FEP analyzes is on the decline - with the exception of revenue produced by donors … [Read more...] about 1st Quarter Revenue Down; Donor Retention Down, says New Report
By Karen L. Berman Given all the charitable causes from which donors can choose, what makes colleges and universities worthy of philanthropic dollars? The question comes to mind amid the newly announced $10 million donation from well-known philanthropist Lorry I. Lokey to University of Haifa, representing the latest major gift from an American donor, foundation, or trust to the northern Israeli institution. While the University is of course … [Read more...] about Why Tens of Millions in American Philanthropic Dollars Are Supporting a Northern Israeli University’s Model