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Philanthropy is on the defensive. Recent bestsellers have accused it of hypocrisy, ineffectiveness, and of serving to protect the status quo. There are more and more prominent billionaire philanthropists out there, but somehow the problems in our society persist - growing inequality, a crisis of dignity, climate inaction. Philanthropy needs fixing if it hopes to keep any relevance. Ekaterina Chernova and Milos Maricic are Partners at the Altruist League, the world’s largest supporter of grassroots activism. They propose a way forward through: 1. adopting the principles of New Philanthropy: a better change theory and focus on systemic issues, 2. embracing New Power, 3. building alliances, while adopting new technological and financial models. Crucially, the authors remark that philanthropy can only change if philanthropists do. They are seeing a trend emerge - new funders who are intrinsically motivated and for whom investing in change is a pursuit with existential meaning rather than as a vanity exercise. The book predicts an upcoming split in the field. Philanthropy as we know it will become obsolete, true financial altruism will grow and might help solve the existential problems of our time.
How donors change the world through the six catalytic practices of high-impact philanthropy Do More Than Give provides a blueprint for individuals, philanthropists, and foundation leaders to increase their impact. Based on Forces for Good, this groundbreaking book demonstrates how the six practices of high-impact nonprofits apply to donors aiming to advance social causes. Rather than focus on the mechanics of effective grantmaking, reporting, or evaluation, this book instead proposes that donors can become proactive catalysts for change by rising to meet the challenges of our increasingly interdependent world. Key principles include: going beyond check writing/traditional volunteering; advocating for change; leveraging business; forging peer networks; empowering individuals; leading adaptively; and developing learning organizations. Contains robust case studies depicting every type of philanthropy (corporate, community, operating, specialized, and large private and family foundations) Includes easy to use "Key Takeaways" tailored for donors at the "beginner" and "experienced" levels of catalytic philanthropy Authors are internationally-acclaimed philanthropic, nonprofit, and corporate social responsibility strategy experts who frequently speak and train on high-impact philanthropy In good economic times or bad, this book provides guidance for givers to increase the impact of their charitable resources and go beyond check-writing to help solve problems and change the world.
Philanthropy means to give for the benefit of others. Unfortunately for philanthropy and civil society, the laws supporting philanthropy are in a state of crisis. More by happenstance than design, the law now caters overwhelmingly to the whims of wealthy donors to the detriment of those in need. We find ourselves with a legal framework ostensibly designed to promote broad-based philanthropic activity, but which is better described as one where the wealthiest get tax benefits that are unavailable to others; claim those (sometimes questionable) benefits while retaining effective control over donated funds; and use the system to advance their policy preferences, avoid scrutiny, and undermine the centuries-old faith and trust that our nation's charities represent the public good. Although the trends are dire, the article explains how Congress can restore credibility to philanthropy with a number of legislative initiatives, including by broadening the base for charitable giving with an expanded and reformed giving incentive, improving the flow of money to working charities with new rules for donor advised funds (DAFs), strengthening and supporting IRS oversight, and by revisiting some of the rushed through ideas of recent tax legislation (the TCJA).
Despite making frequent gifts to nonprofit organizations, many donors long for their gifts to attain greater results.Seismic Philanthropy explains how to achieve earth-shattering change, breaking down barriers that stand in the way of high-impact giving. The four-step Epicenter Giving SystemTM provides detailed guidance on how to turbo-charge one's philanthropic impact. The phases of this system include: 1) establishing a focus area; 2) planning to give; 3) investing in nonprofits; and 4) course-correcting one's efforts.Philanthropic advisor Ben Klasky has been a recognized nonprofit leader for over 25 years. He has counseled families and Fortune 100 corporations, and has worked with leading organizations such as the Aspen Institute, Stanford University, and the Bill & Melinda Gates Foundation. Klasky has also taught graduate courses on Social Entrepreneurship and Nonprofit Management at the University of Washington. This one-sitting book is changing the way people give, and is the perfect resource for high-net-worth donors as well as their families, offices, and advisors.
The easy way to make a difference Despite tough economic times, rates of donations are on the rise. If you want to make a difference but don't know where to start, you need Charity & Philanthropy For Dummies. This is your one-stop, no-nonsense guide to charitable activities. Inside you'll find lots of strategies for philanthropic work such as volunteering your time, raising funds, donating your own cash or expertise, impact investing, and social entrepreneurship. You'll also find lots of case studies from charities big and small to show you what works and what doesn't. Help with selecting where to donate or invest Ideas for how you can make a difference without having pots of money Advice on socially responsible and impact investing Techniques for reaching out to others to help your cause - from a local to a global level You don't need deep pockets to make a difference—you need Charity & Philanthropy For Dummies.
An honest assessment for how to determine your individual relationship with charitable giving in today's world From world-renowned philanthropists Charles Bronfman and Jeffrey Solomon of the Andrea and Charles Bronfman Philanthropies comes a comprehensive guide on how to be a canny, street-smart, effective philanthropist, regardless of your income level. It is also a perfect companion for nonprofit program and development executives who would like to introduce donors to their work and their organizations. Despite their critical importance to philanthropy, donors have few resources for solid information about making their gifts-deciding what type of gift to give, how to structure it, the tax implications, what level of follow-up and transparency they should ask for and expect, and countless other complexities. This book fills that vacuum and helps you gain a special understanding of philanthropy as a business undertaking as well as a deeply personal, reflective process. Drawing on decades of experience, the authors offer a fresh, enlivening approach to the nonprofit enterprise that, too often, is undervalued and thought of as the province of the burnt-out and the overwhelmed. Along with its many candid insights and memorable anecdotes, The Art of Giving also offers instruction on how to create a business plan for giving that works for you.
Praise for Mapping the New World of American Philanthropy Causes and Consequences of the Transfer of Wealth "This book does a wonderful job of guiding the reader through the increasingly changing world of philanthropy. These changes must drive dramatic change in the not-for-profit sector if it is to respond efficiently and effectively. Only then will we be able to maintain the quality of our society." —Thomas J. Moran, Chairman, President, and CEO of Mutual of America "The Great Wealth Transfer has been a mantra for years for fundraisers and donors alike. What does it really mean? Susan Raymond and Mary Beth Martin bring rigorous analysis and profound insights to the phenomenon in this book, which provides the definitive map for navigating a brave new world of philanthropy." —Fiona K. Hodgson, Vice President for Leadership Giving, Save the Children The anticipated transfer of wealth between generations—and its practical implications for philanthropy—is the subject of much interest in the nonprofit community. Edited by noted nonprofit experts Susan Raymond and Mary Beth Martin, Mapping the New World of American Philanthropy offers candid, insightful essays that offer an insider's look at every angle of wealth transfer, with contributions by leaders in the field of philanthropy, including: Marc H. Morial Preston H. Koster Steven DiSalvo Nora Campbell Wood Rodney W. Nichols With hard-to-find data, graphs, and charts, as well as other practical tools, Mapping the New World of American Philanthropy is your seminal guide to prepare for the coming intergenerational transfer of wealth that will affect your nonprofit and?philanthropy in general. Get practical insights and strategies from the most experienced wealth transfer leaders and practitioners in America.
An insider’s guide to the coming philanthropic revolution Meet the next generation of big donors—the Gen X and Millennial philanthropists who will be the most significant donors ever and will shape our world in profound ways. Hear them describe their ambitious plans to revolutionize giving so it achieves greater impact. And learn how to help them succeed in a world that needs smart, effective donors now more than ever. As “next gen donors” step into their philanthropic roles, they have not only unprecedented financial resources, but also big ideas for how to wield their financial power. They want to disrupt the traditional world of charitable giving, and they want to do so now, not after they retire to a life of philanthropic leisure. Generation Impact pulls back the curtain on these rising leaders and their “Impact Revolution,” offering both extensive firsthand accounts and expert analysis of the hands-on, boundary-pushing, unconventional strategies next gen donors are beginning to pursue. This fascinating book also shows another side of the donors in Generation Impact: they want to respect the past even as they transform the future. They are determined to honor the philanthropic legacies and values they’ve inherited by making big giving more effective than ever before. If they succeed, they can make historic progress on causes from education to the environment, from human rights to health care. Based on years of research and close engagement with next gen donors, Generation Impact offers a unique profile of the new faces of philanthropy. Find out, directly from them: How they want to revolutionize giving to expand its positive impact on our lives and our communities. Which causes interest them, how they want to engage with those causes … and, perhaps more important, how they do not want to engage. Which new tools and strategies for change excite them most. What they are learning from previous generations, and what they want to bring to their work alongside those generations. How we can all ensure their historic potential is channeled in ways that make our world better. The Impact Revolution will be messy, but it could also result in solutions for some of our most persistent problems. Generation Impact offers targeted, practical advice to parents, families, and their advisors, as well as nonprofit professionals—those who work closest with these next gen donors—on how to engage, nurture, and encourage them as they reshape major giving and make their mark on history. Help them channel their enthusiasm—and their wealth—to make the most positive difference in a world with such great need.
Philanthropy in America is a giant undertaking—every year more than $390 billion is voluntarily given by individuals, foundations, and businesses to a riot of good causes. Donation rates are two to ten times higher in the U.S. than in comparable nations, and privately funded efforts to solve social problems, enrich culture, and strengthen society are among the most significant undertakings in the United States. The Almanac of American Philanthropy was created to serve as the definitive reference on America's distinctive philanthropy. Upon its publication it immediately became the authoritative, yet highly readable, 1,342-page bible of private giving—chronicling the greatest donors in history, the most influential achievements, the essential statistics, and summaries of vital ideas about charitable action. Now there is this new Compact Edition of the Almanac. It offers highlights of the crucial information and fascinating arguments contained in the full-length Almanac, in a condensed format. All updated to 2017!
Before the 99% occupied Wall Street... Before the concept of social justice had impinged on the social conscience... Before the social safety net had even been conceived... By the turn of the 20th Century, the era of the robber barons, Andrew Carnegie (1835-1919) had already accumulated a staggeringly large fortune; he was one of the wealthiest people on the globe. He guaranteed his position as one of the wealthiest men ever when he sold his steel business to create the United States Steel Corporation. Following that sale, he spent his last 18 years, he gave away nearly 90% of his fortune to charities, foundations, and universities. His charitable efforts actually started far earlier. At the age of 33, he wrote a memo to himself, noting ..".The amassing of wealth is one of the worse species of idolatry. No idol more debasing than the worship of money." In 1881, he gave a library to his hometown of Dunfermline, Scotland. In 1889, he spelled out his belief that the rich should use their wealth to help enrich society, in an article called "The Gospel of Wealth" this book. Carnegie writes that the best way of dealing with wealth inequality is for the wealthy to redistribute their surplus means in a responsible and thoughtful manner, arguing that surplus wealth produces the greatest net benefit to society when it is administered carefully by the wealthy. He also argues against extravagance, irresponsible spending, or self-indulgence, instead promoting the administration of capital during one's lifetime toward the cause of reducing the stratification between the rich and poor. Though written more than a century ago, Carnegie's words still ring true today, urging a better, more equitable world through greater social consciousness.