Judy Park, Kavya Shankar and a group of Stanford MBA students interviewed millennial donors from the Silicon Valley startup world and these conservations showed a pattern of overreliance on certain for-profit principles in the nonprofit realm, despite potential flaws. One young tech executive in San Francisco said she wanted to maximize return on investment. The … Continue reading Five For-Profit Practices That Philanthropy Should Avoid
Not All Billionaire Philanthropists Are Created Equal
Last year, the global billionaire population increased by 8.5 percent to 2,825 individuals, with North America and Asia seeing the strongest growth in both number of billionaires and collective net worth; however, not all billionaires are created equal, and even the 1 percent have been significantly impacted by the fallout from COVID-19. According to the … Continue reading Not All Billionaire Philanthropists Are Created Equal
The Ultimate List Of Charitable Giving Statistics
Looking for the latest charity giving stats and trends? NP Source has got you covered with stats on charitable, online, social, mobile and email giving, including: In 2017, the largest source of charitable giving came from individuals at $281.86 billion, or 72% of total giving; followed by foundations ($58.28 billion/15%), bequests ($30.36 billion/8%), and corporations … Continue reading The Ultimate List Of Charitable Giving Statistics
How philanthropy benefits the super-rich
"Philanthropy, it is popularly supposed, transfers money from the rich to the poor. This is not the case." In the US, which statistics show to be the most philanthropic of nations, barely a fifth of the money donated by big givers goes to the poor. A lot goes to the arts, sports teams and other … Continue reading How philanthropy benefits the super-rich
How to get your charity’s funding application to the top of the pile
Philanthropists’ programme officers browse countless proposals from charities. Rachel Stephenson Sheff is a fundraising and philanthropy adviser at IG Advisors, where she represents the foundations of two philanthropists. She started her career as a fundraiser but going through applications to help clients decide where to put their money is a whole new ball game. So … Continue reading How to get your charity’s funding application to the top of the pile
How impact investing can complement but not displace philanthropy
Impact investing, which aims to generate measurable social and environmental impact as well as financial return, is a wealth management buzz term right now. Yet while wealthy individuals and foundations are drawn increasingly to impact investing to advance their social missions, it is creating a few tensions in the philanthropic community. Some argue that impact … Continue reading How impact investing can complement but not displace philanthropy
