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Donor Intent Watch: How Donor Neglect Can Undermine Donor Intent preview

Donor Intent Watch: How Donor Neglect Can Undermine Donor Intent

Last month’s Donor Intent Watch reported on a lawsuit filed by Webster University donors to stop the reclassification of restricted endowment funds as “unrestricted” to meet the liquidity requirement of the cash-strapped university’s loan obligations.

The McGowan Fellows Program: Molding Future Leaders, Respecting Donor Intent preview

The McGowan Fellows Program: Molding Future Leaders, Respecting Donor Intent

We are the third generation of the family of William G. McGowan, founder of MCI, who was known for being the “great disruptor” of AT&T’s communications monopoly. As we begin to help lead our family’s foundation, the William G. McGowan Charitable Fund, we feel understanding the guidance from the Fund’s benefactor – and applying it in the context of the 21st century – is our responsibility.

Beyond the Headlines: DAFs, Data and the Power of Philanthropy preview

Beyond the Headlines: DAFs, Data and the Power of Philanthropy

Last week, Politico Pro published a short article on the Treasury Department’s proposed new rules for donor-advised funds (DAFs). Unfortunately, the article missed the recent groundbreaking research on DAFs and instead repeated some of the inaccurate claims of DAF critics. The good news is these claims are exceedingly at odds with the data and practices of donors using DAFs for their charitable giving.

Where DEI Failed, Merit can Succeed preview

Where DEI Failed, Merit can Succeed

Black History Month (BHM) has been celebrated every February since 1976 to commemorate the accomplishments of Black Americans throughout history. BHM offers a moment to assess efforts such as diversity, equity and inclusion (DEI) in achieving equality and advancement for Blacks.