Category Archives: Nonprofit

Honoring the Philanthropy of Microsoft Cofounder Paul Allen

Honoring the Philanthropy of Microsoft Cofounder Paul Allen

Following the death of prominent philanthropist David Rockefeller last year, the world of philanthropy recently lost another giant: Paul Allen. The cofounder of Microsoft Corporation, Allen made a name for himself as a philanthropist not afraid of taking risks. During a time when the majority of foundations and individual donors gave cautiously and backed only… Continue Reading

6 of the Ways Nonprofits Can Demonstrate a Commitment to Transparency

6 of the Ways Nonprofits Can Demonstrate a Commitment to Transparency

When vetting a nonprofit that you are thinking about donating to, it is important to think about transparency. When nonprofits operate transparently, they build trust with the people supporting them. Legally, nonprofits have to disclose certain information to the public and board members must have access to financials to fulfill their role. Ideally, a nonprofit’s… Continue Reading

6 Ways to Embrace Strategic Philanthropy with Your Own Giving

6 Ways to Embrace Strategic Philanthropy with Your Own Giving

One of the biggest trends in philanthropy in the past decade or so has been a move toward strategic giving, which can teach donors how to maximize their impact. Last year, Americans gave more than $400 billion in total, but many of those gifts were not given in a strategic manner, which means that the… Continue Reading

This Is What You Need to Know about Jeff Bezos’ $2 Billion Fund for Homelessness and Education

This Is What You Need to Know about Jeff Bezos’ $2 Billion Fund for Homelessness and Education

About a year ago, Jeff Bezos put out an open call for suggestions about how to direct his philanthropy. It seems like the founder of Amazon has finally made his decision.  Very recently, Jeff Bezos, the richest man on the planet, announced via Twitter that he was creating a $2-billion philanthropic venture called the Bezos… Continue Reading

5 Tips for Engaging in the Most Effective Corporate Philanthropy Possible

5 Tips for Engaging in the Most Effective Corporate Philanthropy Possible

Despite the fact that corporate charity benefits businesses in a variety of ways, from improving morale to expanding professional networks, there remains a number of misconceptions about giving as a business. For example, business owners often think that giving should only occur when profits reach a certain level, but there are other ways of helping… Continue Reading

What Are Some of the Key Steps Involved in Starting Your Own Charity?

What Are Some of the Key Steps Involved in Starting Your Own Charity?

Choosing the right charity can be difficult, especially if no nonprofit seems to tackle a problem from the right angle or use the right strategies. Instead of settling and supporting an organization that does not exactly align with your expectations, you may want to consider creating your own charity. Establishing a charity allows people to… Continue Reading

You Need to Know about the Changes Taking Place at These Foundations

You Need to Know about the Changes Taking Place at These Foundations

Over time, grantmakers tend to evolve their strategies and adopt innovative approaches to giving. For some organizations, evolution means making small tweaks over time to shift focus areas or expand them. However, when faced with uncertain times, some organizations make more radical shifts that completely change their priorities and policies. Two major American organizations have… Continue Reading

6 Tips for Effective Family Philanthropy

6 Tips for Effective Family Philanthropy

Many families choose to engage in philanthropy together as a way to grow closer while making a meaningful impact on the world. Family philanthropy generally offers a positive experience. In order to maximize its impact, family members should agree on causes that they all care about in order to make coherent grants. Not all family… Continue Reading

Laurene Powell Jobs and Her Innovative Approach to Philanthropy

Laurene Powell Jobs and Her Innovative Approach to Philanthropy

The landscape of philanthropy is changing rapidly with the growing popularity of charitable LLCs and crowdsourced support for causes. One of the drivers of this trend is Laurene Powell Jobs, the widow of Steve Jobs. She has become one of the wealthiest women in the world with her net worth of about $20 billion. A… Continue Reading

Charitable Giving Reaches a Record $410 Billion

Charitable Giving Reaches a Record $410 Billion

Charitable giving in the United States reached record levels in 2017. A recently released report from the Giving USA Foundation affirmed that 2017 was a record year for giving. Americans gave more money than ever before with a grand total of $410.02 billion. When adjusted for inflation, the figure represents a 3 percent increase from… Continue Reading