Posts in Philanthropy
Why is Philanthropy Important to Business?

“Charitable giving is something that many large corporations and high net worth individuals contribute their time and earnings to, often for tax relief purposes. But donating to an important cause is not just about reducing your tax burden for the financial year. There are many hidden (and surprising) advantages of giving to others.”

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Source: Thrive Global

11 Trends in Philanthropy for 2019: Anticipate and Embrace What's Next

“Giving in the United States has now topped $400 billion. Countless community and national organizations are benefiting from a surge in public interest and a growing conviction that renewing our democracy will require that we work together. The entire ecosystem of philanthropy — nonprofits, foundations, donors, and volunteers — is rallying to the cause of civil society and cross-sector collaboration.” Click here to keep reading.

Source: Johnson Center

The Link Between Transparency, Privilege, and Power in Family Philanthropy

“What choices do family foundations and funds have when it comes to transparency? How open and accessible is your family’s philanthropy - to the extended family, to grant seekers and partners, and to the public you serve? What challenges, concerns do you face as you seek to be more open? And what approaches do other families take when it comes to managing transparency communications, and privacy.

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Source: National Center for Family Philanthropy

Inspiring a Cheerful Question Mark

“Graham Smith is still in his twenties. He majored in business at Wheaton, an evangelical Christian liberal arts college in Illinois, where he was influenced by a professor who repeatedly warned of embracing “golden handcuffs” that can trap workers in well-paying yet unfulfilling jobs. When British theologian N. T. Wright came to campus, Smith walked away from the talk with a haunting question: How can you do things in the world that cause others to “write a cheerful question mark” over your life? “ To keep reading click here.

Source: Philanthropy Roundtable

Make the Most of Your Charitable Donations Under the New Tax Law

“Deducting charitable donations made in 2018 may pose a problem for many taxpayers this year. That’s not because last year’s tax overhaul limited these donations — most are still deductible, just as they were in prior years. However, the new tax law did increase the standard deduction and limited the deduction for state income and property taxes. That means more filers will find they’re better off simply claiming the standard deduction rather than itemizing deductions, including those for charitable donations. Here are the details behind the changes — and what you can still do to gain tax breaks from your charitable deductions. Click here to read more. .

Source: CBS News