Religious values fuel charitable giving

The world’s major religions actively promote philanthropy by encouraging charitable actions that address such pressing issues as income inequality, hunger, homelessness, climate change, discrimination and injustice. America’s religions do the same. In 1835, political thinker Alexis de Tocqueville observed, “Not until I went into the churches of America and heard her pulpits aflame with righteousness…

Corporate-citizenship enhances triple bottom line

Companies of all sizes, from the local restaurant to the regional law firm to the national or international corporation, are recognizing that an active corporate social-responsibility program plays an essential role in ultimate business success. No matter the size of the company, the community or the contribution, these entities realize that having a reputation as…

How to maximize your holiday charity donations

This is the “giving season” — the time of year when many individuals and businesses focus on philanthropy and make their largest contributions to charity. Whether you’ll be donating $25 or $250,000, there are ways to make your giving more effective in this meaningful and generous time of year. First, consider these facts: In the…

Crowdfunding Fuels Philanthropy

Crowdfunding is a rapidly expanding Internet tool designed to allow large numbers of people to invest or contribute money in support of new businesses, people in need, interesting ideas or important causes. Its recent growth is impressive. In 2012, crowdfunding supported more than 1 million global campaigns. The amount raised was $2.7 billion, an increase…

Donor Advised Fund or Private Foundation – How do they Compare?

The philanthropic community continues to debate whether donor-advised funds or private foundations are better giving vehicles for major donors. After all, more than 175,000 DAFs hold more than $40 billion, and more than 80,000 private foundations hold more than $500 billion. There is no simple answer. Each tool offers its own advantages and disadvantages. The…

Philanthropy benefits the giver, too, with “helper’s high” and “giver’s glow”

Any discussion of philanthropy usually focuses on how a giver can help others — other people, other organizations or entities, or even the world. But a growing body of scientific evidence demonstrates that acts of philanthropy strongly benefit the giver as well. Researchers call these benefits the “helper’s high” and “giver’s glow.” “Every great moral…

Startups are including philanthropy in their DNA

Many entrepreneurs think of philanthropy as something to consider way off in the future when their businesses are mature and profitable. There is a better approach. Philanthropy works best when it is included in a company’s business plan from the very start — when it is part of a company’s actual DNA, growing and prospering…

Should Foundations be “All-In” on their Charitable Missions?

What would our world be like if charitable law required foundations to invest all of their assets in ways consistent with their charitable missions? This important question was recently posed by Mark Finser, chairman of RSF Social Finance. Most likely, our world would be a much better place. Charitable foundations exist for one overarching purpose:…