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62 posts categorized "Giving"

Elevate Your Cause Sweepstakes

October 18, 2016

GivingTuesday_11.29.2016This #GivingTuesday, November 29, Foundation Center — the parent organization of Philanthropy News Digest — is giving nonprofits an opportunity to grab the spotlight by "donating" our social media channels to a few lucky winners!

Enter our Elevate Your Cause Sweepstakes for a chance to win 1 of 5 spots on our Twitter and Facebook feeds on #GivingTuesday and increase your reach by 130,000 people globally. The five winners also get a fundraising success kit valued at over $3,000, while all entrants who meet the entry requirements* will receive a free trial to Foundation Directory Online, our top fundraising prospect research tool!

We'll be accepting entries through November 9. To enter, click here.

Good luck to all!

*Open to 501(c)(3) organizations in the United States that have been in existence for at least a year and have a valid email and existing online donation page. ARV of all prizes: $3,498. 

5 Questions for...Kim Laughton, President, Schwab Charitable

August 25, 2016

The first donor-advised fund was established by the New York Community Trust in 1931, but it would be almost forty years, and the passage of the Tax Reform Act of 1969, before donor-advised funds received formal regulatory recognition from Congress. A decade and a half later, the Tax Reform Act of 1986 — which imposed, in some administrative areas, "more stringent reporting obligations and payment deadlines on private foundations" — established DAFs as an attractive giving vehicle for a certain kind of donor. Then, in 1991, Fidelity Investments established the Fidelity Charitable Gift Fund as an independent public charity, and the DAF landscape was changed forever.

Over the course of the 1990s and 2000s, the debate over donor-advised funds grew more heated, with critics of commercially sponsored DAFs arguing that because "charitable donations can be held in a DAF for decades or even centuries," they should be more tightly regulated, while others defended them as "an efficient, 21st-century alternative to the private foundations that dominated philanthropy in the 20th century...easy to set up and inexpensive to manage."

Recently, PND spoke with Kim Laughton, president of Schwab Charitable, a nonprofit donor-advised fund provider established with the support of Charles Schwab & Co., about her fund's results for the fiscal year just ended and what she makes of the persistent criticism of commercially sponsored donor-advised fund providers. Prior to joining Schwab Charitable, Laughton held a variety of leadership, strategy, and general management positions at Charles Schwab & Co., served as a vice president for Citibank-Asia/Pacific, and worked as a Consultant for Bain & Company. 

Headshot_Kim LaughtonPhilanthropy News Digest: In a report released at the end of July, Schwab Charitable announced that for the fiscal year ending June 30, it distributed more than $1.2 billion in grants to charities from its donor-advised funds under management. That's a 12 percent increase over the amount it distributed in the prior fiscal year, and the second consecutive year in which it has distributed more than a billion dollars in grants to nonprofits and charities. Given the volatility in the stock market over the last year and a half, were you surprised by the results?

Kim Laughton: I wasn't. The markets were volatile over that period, yes, but from beginning to end, they were fairly flat. In between, there were two swings of 15 percent or more, in August last year and then again in January this year. Whenever that happens, there is going to be uncertainty, and you do find that people tend to become more cautious in terms of their charitable giving. But the wonderful thing about donor-advised funds is that people have already set aside an amount of money for future giving, and we find that giving from our funds stays pretty robust, regardless of the economic climate.  

Factoring in the Great Recession and its aftermath in the 2008 to 2010 period, we saw increases in granting as well. Not much as the 12 percent we saw in fiscal year '16, but in the worst of that period, between fiscal year '09 and '10, our granting actually increased about 2 percent. And, again, that underscores how donor-advised funds tend to stabilize giving in difficult times while being a great way for clients to be thoughtful and proactive in their giving in good times.

PND: What was the average payout for the donor-advised funds under your management in fiscal year 2016, and how does that compare to the previous year?

KL: The average payout for our funds for the last two fiscal years has been fairly steady at around 20 percent. It was slightly higher this last year because our assets actually grew a bit less than our granting. Of course, we're extraordinarily proud of those rates. As you know, private foundations operate with a mandated 5 percent payout, so we've been averaging four times the mandated minimum that foundations pay out. The other statistic that's important to think about is that our clients, over a fifteen-year period, grant out 90 percent of what they put in to their funds, and over a five- to ten-year year period they grant out something like 76 percent. In other words, a lot of our clients are contributing to their funds on a regular basis, and they're granting dollars from those funds at a very active rate.

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Giving Days Can Be a Community Win When Foundations Focus on the Big Picture

August 18, 2016

Giving_days_imageAt a time when charitable organizations are vigorously competing to gain the attention — and ultimately the support — of individual donors, giving days offer a powerful tool to drive community philanthropy. In fact, the amount raised through these days is impressive — including more than $116.3 million alone for the eighteen communities studied by Knight Foundation since 2012. But these online fundraising campaigns are about much more than the dollars, a new Knight report, the culmination of a three-year initiative, found: Over time, when organizers purposefully align the campaigns with their missions, giving days have helped to strengthen community foundations that organize them.

That's not to say that giving days are without risks or that the significant investment of community foundation resources and staff time is always worth it. Certainly, community foundations have been doing a lot of thinking about how to and even whether to continue theirs. Some of this contemplation follows the tech failure during this spring's nationwide Give Local America, when the donation-processing technology provided by Kimbia broke down. Online donations slowed to a halt for two-thirds of the 24-hour campaign, leaving donors, nonprofits, and community foundations in fifty-four communities across the country in crisis-mode and scrambling for a Plan B. It was not the first giving day tech failure, but it was the largest. Consultant Beth Kanter took a deeper look at what happened for KnightBlog, and considered the implications of the debacle for the future of giving days. In an upcoming blog series, we'll hear directly from community foundations about why they are and aren't continuing with these campaigns.

But despite what happened on Give Local America, we hope that community foundations also pay attention to the progress made through their investments. Having spent considerable time tracking giving day successes and challenges across the country over the past three years, we have seen the long-term value they can provide to both community foundation organizers and the communities they serve. Here are four examples from our new report, Beyond the Dollars: The Long-Term Value of Giving Days for Community Foundations, of what that change looked like.

Giving days, the report found:

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Weekend Link Roundup (August 13-14, 2016)

August 14, 2016

Rio_olympic_logo Our weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

African Americans

In a review of Mychal Denzel Smith’s new memoir, Invisible Man, Got the Whole World Watchingfor the New Republic, Jesse McCarthy reflects on "what has changed in our politics over the course of the Bush and Obama years, and in particular on the reemergence of an activist consciousness in black politics (and youth politics more broadly)."

In Fortune, a seemingly nonplussed Ellen McGirt reports on the Ford Foundation's investment in the Black-Led Movement Fund (BLMF), "a pooled donor fund designed to support the work of the Movement for Black Lives (M4BL)...." And be sure to check out this profile of the Ford Foundation-led #ReasonsForHope campaign by Fast Company's Ben Paynter.

Corporate Social Responsibility

Is anyone in corporate America measuring the impact of their CSR programs? In Forbes, Ryan Scott shares a few considerations for companies that are approaching impact measurement for the first time.

Data

Intrigued (and a little alarmed) by the decision of the Australian department that manages that country's census to collect and store real names with its census data, Philanthropy 2173's Lucy Bernholz has some good questions for all of us.

Education

Committed reformer or Department of Education apparatchik? Newsweek senior writer Alexander Nazaryan, himself a former New York City school teacher, tries to make sense of the puzzle wrapped in an enigma that is New York City public school chief Carmen Fariña.

In The Atlantic, Emily Deruy reports on the nascent efforts of the Black Lives Matter movement to reshape K-12 education policy at the local, state, and federal levels.

At its recent annual convention, the NAACP approved a resolution that included language calling for a moratorium on the expansion of privately managed charter schools. The Washington Post's Valerie Strauss takes a closer look at the issue on her Answer Sheet blog.

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Most Popular PhilanTopic Posts (July 2016)

August 06, 2016

Sort of like that great little farm stand that pulls you in every time you drive by, our roundup of the most popular posts here on PhilanTopic in July offers lots of delicious food for thought. So pour yourself a tall glass of iced tea or lemonade and dig in!

What did you read/watch/listen to in June that got your juices flowing? Feel free to share with our readers in the comments section below. Or drop us a line at mfn@foundationcenter.org.

Weekend Link Roundup (July 30-31, 2016)

July 31, 2016

DNC_balloon_dropOur weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Communications/Marketing

If you're like NWB's Vu Le, you've pretty much lost patience with colleagues and others who routinely make one of these mistakes in their written or verbal communications.

Community Improvement/Development

The League of Creative Interventionists, a global network of people working to build community through creativity, has posted a manifesto and is inviting people like you to join its movement.

Corporate Social Responsiblity

Can CEOs really drive their companies to be more sustainable? As Mary Barra's experience at GM would seem to suggest, it's harder than you think, writes Raz Godelnik, co-director of the MS in Strategic Design & Management program at the Parsons School of Design, on Triple Pundit.

Criminal Justice

Earlier this week, NBA great Michael Jordan announced gifts of $1 million each to two organizations working to build trust between African Americans and law enforcement. The organizations are the Institute for Community-Police Relations, which was launched in May by the International Association of Chiefs of Police, and the NAACP Legal Defense Fund. And here is Jordan's statement.

Diversity

As one of the major-party political conventions demonstrated, there are lots of areas of American life where diversity is more vague notion than reality. Another is the tech scene in Silicon Valley, where "[t]alented people are left behind every day, many simply because they don't have the same kind of access as Ivy League brogrammer." In Fast Company, Cale Guthrie Weissman reports on what a few organizations are doing to change that equation.

Education

New York City mayor Bill de Blasio has introduced a bold new plan to disrupt the city's school-to-prison pipeline. The key element? Keeping kids from misbehaving by not suspending them for misbehavior. Amy X. Wang reports.

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Weekend Link Roundup (July 23-24, 2016)

July 24, 2016

Bulldog-on-ice1Our weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Community Improvement/Development

In the New America Weekly, Heron Foundation president Clara Miller explains how the foundation's recent work in Buffalo, the fourth poorest city in the nation, "started as a response to a Heron board member's referral of the local community foundation" and led to the foundation becoming a trusted neutral convener and connector "for a number of contingents in the community."

On the Knight blog, Lilly Weinberg Lilly Weinberg, program director for community foundations at the Knight Foundation, shares three takeaways from a recent convening of twenty civic innovators who've received grants of $5,000 to implement a project in a calenadr year that improve mobility, a public space, or civic engagement in their home cities.

Criminal Justice/Policing

Reflecting on the killings of Alton Sterling in Baton Rouge, Philando Castile in Minnesota, five police officers in Dallas, and three police officers in Baton Rouge, Open Society Foundations president Chris Stone suggests that the divide between black America and American policing is in part the "legacy of slavery, the legacies of Jim Crow, of lynching, of the repression of the civil rights and black power movements, the legacy of the war on drugs" -- and that efforts to close it must include solutions to racial disparities and the building of mutual trust between African Americans and local police departments.

Environment

Here on PhilanTopic, we featured a pair of great posts this week  -- one by Frank Smyth and the second by Maria Amália Souza -- on the noble, unheralded, and frequently dangerous work done by environmental activists in the global South.

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Weekend Link Roundup (July 9-10, 2016)

July 10, 2016

Stop_violenceOur weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Community Development

Alexia Fernandez Campbell, a staff writer at The Atlantic, looks at what one Rust Belt city is doing to keep blue-collar African-Americans from being displaced as it tries to attract immigrants and boost the local economy.

Environment

Thanks to global regulation of chlorine compounds, the ozone hole over the Antarctic is on the mend. Alexandra Witze reports for Nature magazine.

On a less upbeat note, the International Development Association of the World Bank Group reports that unchecked climate change could push 100 million people back into poverty by 2030,with the poorest regions of the world — sub-Saharan Africa and South Asia — likely to be hardest hit.

Giving

For weeks, writes David A. Fahrenthold, the Washington Post has been trying — and failing — to find evidence that presumptive Republican Party presidential nominee Donald Trump is as charitable as he claims to be.

Rep. Louie Gohmert (R-TX) has introduced legislation that would prohibit foundations with ties to former public officials, as well as presidents and vice presidents, from accepting contributions from individuals connected to foreign governments. The Hill's Alan K. Ota reports

On Glasspockets' Transparency Talk blog, our colleague Melissa Moy takes a closer look at the philanthropy of recent Giving Pledge signatories Marc and Lynne Benioff.

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Weekend Link Roundup (June 11-12, 2016)

June 12, 2016

Enough is enoughAfter a couple of weeks off, we're back with our weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Climate Change

In Forbes Co.Exist, Jessica Leber reports that the world's population is (very) slowly beginning to move away from coastlines increasingly threatened by sea-level rise.

Data

On the Forbes site, five nonprofit executives share their strategies for collecting and analyzing data in order to get the highest return on investment.

Education

Yes, the Bill & Melinda Gates Foundation is avery big player in the education reform field, and, yes, it has experienced its fair share of failures. But, writes Education Post contributor Caroline Bermudez, the foundation really should get more credit for owning up to those failures and for its willingness to experiment and take risks.

Fundraising

What's the worst piece of advice for a professional fundraiser? How about "Find your voice" or "Be yourself," says Future Fundraising Now's Jeff Brooks. Why? Because "[g]ood fundraising is not a mirror that reflects your beliefs and excellence. It's a mirror that [should reflect] your donors' values and excellence."

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How Local Nonprofits Can Engage a Global Community of Donors

June 03, 2016

News_globe_human_chain_PhilanTopic"Think globally, act locally." It's more than just a catchy slogan; it's a phrase that captures a way of being that a lot of folks take to heart. For many people, acting locally entails giving back to organizations that support the communities in which they live, largely in the form of monetary donations. And it's a practice that appears to be growing in popularity: the Giving USA Foundation recently reported a slight dip in giving for international development and suggested that it might have something to do with the fact that donors are focusing more on causes closer to home.

What's more, giving locally is particularly common among those who donate significant sums of money. According to a recent study by the Indiana University Lilly Family School of Philanthropy of gifts of at least $1 million, only 33 percent of the total dollar value of those gifts was captured by organizations outside the donor's home region.

While it's wonderful to see so many people giving generously within their own communities, it is even more remarkable to see donors from around the globe deciding to contribute large gifts to organizations with a specifically local focus. One example is the Naples Children & Education Foundation (NCEF), which focuses its charitable efforts on the community of Collier County, Florida, yet garners substantial support from donors around the country and the globe. This is largely due to its connection with the Naples Winter Wine Festival, the organization's main fundraising event, as it attracts international donors by offering unique travel and dining experiences in addition to raising funds for NCEF. This past year alone, more than 40 percent of the total amount raised for NCEF came from donors outside Collier County.

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[Review] American Generosity: Who Gives and Why

May 17, 2016

Imagine a snapshot of American giving. What would it look like? Would it portray an abundantly generous America, or show a dismal lack of involvement in charitable causes and civic society? In American Generosity: Who Gives and Why, sociologists Patricia Snell Herzog and Heather E. Price address this question using a variety of methods with the goal of both broadening and deepening our understanding of how generosity is expressed, what fuels it, and what can be done to encourage more of it.

Book_american_generosityTo write their book, Herzog and Price drew on the results of Notre Dame's Science of Generosity Initiative, a Templeton Foundation-supported effort to promote interdisciplinary approaches to the study of generosity in all its forms. The initiative's findings, and Herzog and Price's presentation of those findings, offer valuable insights for the individual giver as well as scholars, religious leaders, and nonprofit practitioners and fundraisers.

The book, which draws much of its data from a nationally representative survey of more than a thousand people, is organized into a "who, what, where, why, and how much" structure. Herzog and Price begin by defining generosity as "giving good things freely to enhance the well-being of others." Although they identify nine such forms of giving, the "Big 3" are: donations of cash, time spent volunteering, and political or civic activity. (The other six encompass a wide range of actions, including the donation of one's blood or organs, estate giving, environmentally sustainable consumption, the lending of one's possessions, and "relational" giving to friends and family.)

Having defined generosity and identified its constituent forms, Herzog and Price then look at how generous Americans are, and how social and demographic factors — age, race, gender, education, income level — and regional characteristics influence generosity — "zoom[ing] out," as they put it, "from the frame-by-frame snapshots [in the earlier chapter] and survey[ing] the overall landscape of American generosity with a wide-angle lens." It's a view, they add, that lends itself to a "glass half-full perspective," in that it allows us to "see that Americans are generally quite active in working to help others."

One of the ways Herzog and Price add nuance to their portrayal and "breathe life into" the "static quantitative snapshots" is by including in-depth interviews from twelve survey participants. And one of the most interesting aspects of their analysis is the finding that while resources such as time, money, and connections do influence whether and how much someone gives, they are hardly the only factors that shape individual generosity — and don't explain why individuals with few resources often give more generously than those who have more to give. Why that might be the case is the subject of the second half of the book.

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Weekend Link Roundup (May 14-15, 2016)

May 15, 2016

Joe-dimaggio_display_imageOur weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Children and Youth

Brain development in young children is critical to their readiness for school and success later in life. "But preventable poverty and toxic stress can impede and derail a child's early brain development," write Marian Wright Edelman and Jackie Bezos on the Huffington Post's Politics blog. Which is why, "[i]n addition to quality interactions with parents, grandparents and other caregivers, young children need access to a full continuum of high quality early learning opportunities...."

Climate Change

Where's the beef? More to the point, asks Marc Gunther on his Nonprofit Chronicles blog, why aren't environmental groups working actively to reduce meat consumption and the number of factory farms, two of the biggest contributors to global warming?

Corporate Philanthropy

In Fortune, American Red Cross CEO Gail McGovern shares what she has learned over eight years in that position about what business and nonprofits can teach each other.

Data

On the Hewlett Foundation's Work in Progress blog, Sarah Jane Staats has five questions for Ruth Levine, director of the foundation's Global Development and Population Program, about the existing gender gap in data.

Education

How can we fix public education in America? The answer, says the Grable Foundation's Gregg Behr in a Q&A with Forbes contributor Jordan Shapiro, starts with the way kids learn.

On her Answer Sheet blog, the Washington Post's Valerie Strauss has the second part of an email conversation between noted education reform critic Diane Ravitch and hedge fund manager Whitney Tilson, a supporter of such efforts. And if you missed the first part of the conversation, you can catch up here.

Have school-choice policies solved the problem they were meant to address -- namely, the strong link between a child's educational outcomes and the neighborhood conditions in which he or she has grown up? The Washington Post's Emma Brown reports.

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Weekend Link Roundup (May 7-8, 2016)

May 08, 2016

Nyquist_DerbyOur weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Civil Society

"Digital data are different enough from time and money — the two resources around which most of our existing institutions are designed — that it's time to redesign those institutions."  In a post on her Philanthropy 2173 blog, Lucy Bernholz explains why and how.

Community Improvement/Development

We didn't catch it in time for last week's roundup, but Forbes contributor Ruchika Tulshyan's profile of the Detroit-based New Economy Initiative, a startup entrepreneurship fund focused on inclusive economic development, is well worth a read.

Also in Forbes, the Manhattan Institute's Howard Husock argues that "a Detroit-style 'grand bargain' approach could — with the same level of financial contributions from both big philanthropy and organized labor — break stalemates and allow [other Rust Belt] cities to restore funding for the city services on which their economies depend."

Education

In Inside Philanthropy, Mike Scutari shares highlights of a new case study, Dancing to the Top: How Collective Action Revitalized Arts Education in Boston (48 pages, PDF), written by sector veteran Cindy Gibson for Boston Public Schools Art Expansion (BPS-AE), a multiyear effort to expand arts education in schools across the district. Gibson calls the initiative described in the study "one of the most strategic initiatives" she's ever seen and praises the funding collaborative behind the efforts as "really collaborative." Definitely worth a read.

Environment

Long considered a disaster when it comes to pollution and environmental degradation, China is beginning to appreciate the seriousness of the situation -- and its responsibilities as the second-largest economy in the world -- and is pursuing a number of solutions to environmental challenges at home and beyond. The Nature Conservancy's Mark Tercek reports.

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Weekend Link Roundup (March 12-13, 2016)

March 13, 2016

The-Round-UpOur weekly round up of noteworthy items from and about the social sector. For more links to great content, follow us on Twitter at @pndblog....

Children and Youth

Looking for a good collection of juvenile justice resources? The Baltimore-based Annie E. Casey Foundation, a leader in the field, has published this on its blog.

Climate Change

On the Humanosphere site, Tom Murphy asks the question: Will the Global Climate Fund falter before it gets off the ground?

Education

In the New York Review Books, historian of education and author Diane Ravitch reviews Dale Russakoff's The Prize: Who's In Charge of America's Schools? and Kristina Rizga's Mission High: One School, How Experts Tried to Fail it, and the Students and Teachers Who Made it Triumph and finds both to be "excellent." Together, Ravitch adds, the two books also "demonstrate that grand ideas cannot be imposed on people without their assent. Money and power are not sufficient to improve schools. [And genuine] improvement happens when students, teachers, principals, parents, and the local community collaborate for the benefit of the children...."

Environment

Nonprofit Chronicles' Marc Gunther has written a must-read post about the recent assassination of Honduran environmental activist Berta Cáceres -- and what U.S. funders can do to combat the organized campaign of terror and intimidation being waged against environmental activists in Honduras: 1) Demand that Berta Cáceres' killers be brought to justice; 2) provide more support for grassroots activism; and 3) recognize/acknowledge the connections between the environment and human rights.

Fundraising

In Forbes, Russ Alan Prince recaps the seven wealthy charitable donor types.

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Most Popular PhilanTopic Posts (February 2016)

March 01, 2016

A couple of infographics, a book review by Matt, a short Q&A with the MacArthur Foundation's Laurie Garduque, an oldie but goodie from Michael Edwards, and great posts from Blake Groves and Ann Canela — February's offerings here on PhilanTopic beautifully capture the breadth and multiplicity of the social sector. Now if we could only get it to snow....

What did you read/watch/listen to last month that made you think, got you riled up, or restored your faith in humanity? Share with the rest of us in the comments section below, or drop us a line at mfn@foundationcenter.org.

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