Charities and Foundations Spent $352 Million on Disaster Efforts in 2019
Half went to relief and response projects, while preparing for catastrophic events was the second most popular use of nonprofit funds. Still, government spending is far more, accounting for over $29 billion.
By dan.parks
Contributor
Donor-Advised Funds Saw Rapid Growth in 2020
The amount donors sent to charities from those funds reached $34.7 billion, a 27-percent increase from 2019.
By Michael Theis
Contributor
Measure on Donor-Advised Funds Misses Opportunity to Produce Genuine Societal Benefits
Rather than focusing on payout rates to nonprofits, ACE Act supporters should consider how donor-advised-fund assets are invested. Specifically, they should push for legislation that encourages DAF holders to make investments that help communities in need.
By Beth Sirull
Contributor
As Foundation Assets Balloon, Their Giving Needs to Catch Up — Now
Rather than aiming their fire at donor-advised funds, those concerned about charitable giving should focus on large foundations, flush with stock-market cash, that have failed to match their growing assets with higher rates of nonprofit funding.
By Howard Husock
Contributor
Donations to Small Nonprofits Hit Harder by Covid Than Gifts to Larger Ones, Study Shows
Four in 10 nonprofits with annual budgets of less than $500,000 saw a decrease in donations in 2020 compared with 29 percent of larger ones.
By dan.parks
Contributor
Watch the Debate: How Senate Bill to Speed Up Giving Would Work
The nonprofit world is divided over a plan to change tax rules for foundations and contributors to donor-advised funds.
By STACY PALMER
Chief Executive Officer
A new measure in the Senate would prod foundations and donor-advised funds to stop hoarding assets. As a Giving Pledge signatory, I’m not the only big giver who thinks this is much-needed policy change, writes Melanie Lundquist. Plus: See our briefing on the Accelerate Charitable Efforts Act featuring Lundquist and four other expert speakers.
By Melanie Lundquist
Contributor
Community Foundations Have Good Reason to Oppose King-Grassley Legislation
The legislation could endanger the future of community foundations and disrupt support to local nonprofits, according to three community foundation leaders.
Community Foundations Have Every Reason to Embrace a New Senate Bill to Regulate Donor-Advised Funds
Opposition from the funds is mounting, even though the legislation offers an ideal moment for community foundations to distinguish themselves from commercially sponsored funds like Fidelity and Schwab.
By Alan M. Cantor
Reporter
Coalitions of Foundations and Donors Line Up to Oppose New Senate Measure to Speed Up Giving
Opponents say the measure, which would offer tax benefits to grant makers and donors who push money out the door, especially harms family foundations and community funds.
By dan.parks
Contributor
Sens. Grassley and King Push Measure to Accelerate DAF and Foundation Giving
Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.
By dan.parks
Contributor
Ramadan Drives Donations and Memberships to Giving Circles
The pandemic has driven growing interest in pooling funds, as Muslims work to distribute money from donor-advised funds and other sources.
By Haleluya Hadero
Associated Press
New research from a critic of donor-advised funds is based on tax records that show just how much charities received over five years.
By Michael Theis
Contributor
If a foundation lacks an authentic awareness or commitment to diversity and inclusion, requiring higher asset distribution may exacerbate the very inequities advocates are working to reverse.
By Kyle Caldwell
Contributor
We Agree, Foundations Should Be Held Accountable for High Salaries and Staggering Expenses
Two former foundation officials support the idea of challenging the “staggering” redirection of charitable dollars to pay for “bloated foundation staff” and administrative expenses.
Conservatives Should Applaud — Not Fight — Efforts to Change Philanthropic Giving Rules
Rather than attacking proposals to overhaul donor-advised funds and other giving practices, conservative groups need to focus on the real culprit — the growing use of donor dollars to support political activities.
By Craig Kennedy and William Schambra