Oct 22, 2020 | Ryan Schlegel
“the 95% of foundation assets that CEOs and trustees choose not to put to charitable use each year course through the arteries of our unjust economy, extracting more wealth each year than foundations give away.”
Oct 6, 2020 | Ebrahimi, Friedman, Galaich, Moyer and Prince
Farhad Ebrahimi Ellen Friedman Glen Galaich Scott Moyer Stephen Prince Chuck Thompson A panel of philanthropy all-stars discuss their responses to COVID-19 and racial inequity, the morality of spend-down foundations, the immorality of hoarding wealth and a tax system...
Oct 5, 2020 | Phil Buchanan and David Salem
Nonprofits are reeling right now from the twin pressures of increased demand and decreased revenue as the nation faces at least five major crises: a global pandemic; economic recession; a racial justice reckoning (and a White House stoking racism); serious threats to...
Aug 3, 2020 | Chuck Collins
One of the gurus on inequality, Chuck Collins, director of the Program on Inequality at the Institute for Policy Studies, raises many issues, among them the likelihood that billionaire philanthropy won’t go to on-the-ground charities but instead will end up sitting in...
May 8, 2020 | Chuck Collins
Pressure is growing to address a fundamental design flaw in our charity system. Wealthy donors get substantial tax breaks when they place funds into their private foundations, and even more in the case of their donor-advised funds (DAFs). But there is very little...
May 1, 2020 | Theordore Schliefer
Theordore Schliefer, senior reporter for Money and Influence (seems redundant, no?) at Recode, is troubled by the fact that “almost all foundation have taken [the 5% payout rule] as a maxim that they’ll never do a penny more than that 5%, the legal...
