By Moshe Hecht You know when you’re at a meeting, and the person leading said meeting keeps throwing around a term over and over again, and you’re just sitting there, scratching your head thinking, what the heck are you saying?! Well that’s me. I sit on the board of a local nonprofit. I love it. It’s a great org with great people, and I’m crazy about everything they do. What I’m not so crazy about is this phrase that keeps popping up … [Read more...] about What the Heck is a “Culture of Philanthropy”?
While the 2017 Tax Cuts and Jobs Act (TCJA) was heralded as a Republican legislative victory, the law has the potential to deter charitable giving by increasing the cost of charitable giving, therefore slowing donations. This law - which nearly doubles the standard deduction - enables an estimated 27.3 million more taxpayers to claim the standard deduction and not receive a tax incentive for charitable giving. For millions of Americans, giving to … [Read more...] about New White Paper: Recent Tax Cuts will Hurt Charitable Giving
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 Another rich donor rescinded a $14 million gift to the University of Nevada, Las Vegas that they had made contingent on retaining the school’s president when the president made it clear he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