New Senate Bill Would Stifle Charitable Giving, Harming Those in Need
When people have the flexibility to give how, when and where they choose, it spurs even more generosity and uplifts those who we all wish to help.
When people have the flexibility to give how, when and where they choose, it spurs even more generosity and uplifts those who we all wish to help.
Charitable giving is one of the most powerful tools we have to address some of our nation s toughest challenges. The best way to expand and encourage giving is to ensure that everyone can participate, but more mandates and regulations on giving will make it harder for all Americans to support the causes they care about.
Cash accounts for life expenses with state oversight can help at-risk teens avoid bad outcomes.
Living donors must trust themselves to choose board members who will make the best decisions to steward the foundation s mission. And trustees must have a sense of what their title suggests that the donor or donors who chose them have faith in their judgment.
States can achieve lower levels of crime and punishment if they invest in strategies to reduce recidivism and support families. Charitable giving can catalyze this work.
We examined prior research and ran a simple analysis to determine if there is evidence that family foundations generally claim higher expenses relative to grantmaking than foundations run by non-family staff. The short answer is no.
Instead of depending on bureaucrats and policymakers to advance the ball of opportunity alone, empowerment for Blacks, minorities and others struggling in poverty will depend on freedom, opportunity and these communities investing in themselves.
Now, this year through mid-February, we have raised over $1 million in donor-advised fund gifts. So, we have seen giving from donor-advised funds almost seven times higher than at that same time last year.
Is today s Ford Foundation repeating the mistakes of its founder, while forgetting the valuable lessons he shared about effective philanthropy and self-reliance?
During normal times, Americans are tremendously generous, but in times of crisis they rise to meet new challenges brought on by disaster. The pandemic is no different.
While there is certainly value to allowing funds to appreciate within DAFs, this is a far cry from the stockpiling label critics place on DAFs.
While well-intentioned, there has been almost no scrutiny of grant making that supports social justice activism. Have the billions of dollars spent on it resulted in greater equity and quality of life for those it purports to help?