News
This Funding Initiative Has a Singular Goal: To Encourage Major Donors to Boost Their Giving
The mission of the Crisis Charitable Commitment is featured prominently on its website: to encourage major donors to give more.
New Effort Seeks to Make It Easy for Big Donors to Give to Small Charities Advancing Social Change
After failing to persuade Congress to force the wealthy to give more to charity during the pandemic, a group of rich donors is trying another tactic to urge their peers to give big: steering them to three pooled funds that focus on causes in need.
New Grantmaking Effort Seeks to Raise $41.5 Million in Pooled Funds to Support Black-led Organizations, Defend Voting Rights, and Curb Wealth Inequality
The Crisis Charitable Commitment announced a fundraising and advocacy effort to substantially increase charitable donations from foundations and wealthy donors… and raise awareness about the negative effects of excessive wealth on our society.
Six New Efforts to Get Philanthropists to Open Up Their Wallets
Over the last year and a half, every month it’s felt like there’s been a new effort to force, or at least encourage, philanthropists to open their wallets a bit wider and give away what’s inside sooner.
Why the Richest Americans Can’t Give Money Away Fast Enough
Too many wealthy Americans are “hoarding” their fortunes, said Alan Davis…. MacKenzie Scott “has raised the bar — I’m not sure there are that many billionaires who are willing to jump over it.”
Why Mackenzie Scott’s $6 Billion Rapid-Fire Donations Could Change Charitable Giving
The bank balances of the 600-plus American billionaires rose by more than $1 trillion in the 11-month period ending in mid-February, inflated by record-breaking stock markets.
BILLIONAIRE PHILANTHROPY IS A ‘PR SCAM,’ SAYS CEO WHO RAISED HIS WORKERS’ MINIMUM PAY TO $70,000
The CEO known for increasing his employees’ base annual pay to $70,000 says wealthy people donating their money and getting rewarded with “glowing articles, a hospital named after you and a massive tax write-off” amount to “one of capitalism’s biggest PR scams.”
‘Things Have Never Been Worse’: Foundation President Challenges Wealthy Foundations
The real Grinch this pandemic Christmas? Some wealthy foundations, a foundation president says.
MORE THAN 110 PHILANTHROPISTS AND FOUNDATION LEADERS CALL FOR SECURE ELECTIONS AND A PEACEFUL RESPONSE TO RESULTS
Democracy Funders Network last week created a pooled fund that will manage called the Election Integrity Fund to steer any late-in-the game charitable donations to groups which supports election coverage, and voter protection.
A Philanthropist’s Plan To Get The Wealthy To Give More Faces Headwinds
A proposal designed to persuade Congress to make foundations and donor-advised funds direct more cash to charities is likely to be met with strong opposition.
Crisis Charitable Commitment Pledges Climb to Nearly $300 Million
An effort to encourage wealthy individuals, donor-advised-fund account holders, and foundations to give more immediately has generated nearly $289 million in pledges, the leader of the effort announced Tuesday.
New Campaign Built By Wealthy Americans Will Increase Charitable Giving In Response To Unprecedented Crises
A group of philanthropists has launched a campaign, the Crisis Charitable Commitment (CCC), to encourage major foundations, donor-advised funds, and high net-worth individuals across the country to increase their charitable giving, now.
New Pledge Asks Donors To Step Up Giving Amid Pandemic
With nonprofits facing unprecedented financial pressure, a foundation leader Tuesday launched a new “Crisis Charitable Commitment” designed to pressure foundations, wealthy individuals, and donor-advised-fund account holders to boost their giving immediately, with a special focus on racial...
New Campaign to Increase Charitable Giving Launches in Response to COVID Crisis
Business-as-usual is not going to alleviate the suffering that’s been caused or provide sufficient support to organizations that are working to ameliorate some of the problems these crises have exposed.
Leading Foundations Pledge to Give More, Hoping to Upend Philanthropy
The Ford Foundation plans to announce on Thursday that it will borrow $1 billion so that it can substantially increase the amount of money it distributes.
Billionaires Are Giving A Tenth Of A Percent Of Their Wealth To Coronavirus Pandemic Relief
Now as the nation confronts a cascade of challenges crying out for a major philanthropic response that the wealthiest haven’t met.
The pandemic is testing the generosity of billionaires, according to a Washington Post survey of the 50 richest Americans
America’s love-hate affair with billionaires took an uncomfortable twist this spring ..As the coronavirus spread across the country, both fans and critics wondered what these titans of capitalism would do to address this health and economic crisis.