Who would win in a fight: private foundations or donor-advised funds?
Perhaps you’ve heard someone on one side of the debate or the other advocating a zero-sum answer on why one vehicle is better than the other. A friend sent me a text recently about a conversation she had with a foundation person who spent time in their chat bashing …read more »
I’ve corresponded with many of our donor-advised fund clients over the past few days. Like me and perhaps like you, they are often sequestered in their homes. Some are older and see some value in laying low. Several are adjusting to their pre-teen “coworkers” running around in their makeshift home office. Others are going wildly stir-crazy. All are frustrated and …read more »
“I’d be interested in recommendations on civil society responses to coronavirus and markets period. What can I best do to help people in need?”
I received that email last week from one of our Novus Society clients. When emergencies pop up, those of a philanthropic spirit (or who are just generally nice people) try to find ways to be helpful.…read more »
In early 2009, the health care issue became a major priority for the new administration. The reforms suggested by both the White House and Congress clearly were not grounded in market-oriented principles, but sought a more expansive role for government in people’s lives.
The think tank community responded accordingly with multiple efforts and strategies to educate the public on these …read more »
Emily wasn’t sure if she had the resources to open a donor-advised fund. She wanted to join DonorsTrust’s Novus Society for younger givers, but setting aside the money to start an account and make gifts seemed tough. But then she remembered that stock….
Nearly two decades ago, she convinced her parents to buy her a few shares of a stock. …read more »
How’s your focus?
Is it a challenge to single-task?
There’s no shame in recognizing it.
We’re all easily distracted.
That’s why so many articles start with crazy-short sentences like this!
That goes for work, for play, for giving…for everything.
If you need proof we can change our hap-hazard ways, look no further than Nir Eyal’s book Indistractable: How to Control …read more »
Are your kids ready to handle the weight of carrying out your charitable legacy? Are they ready to create their own?
Several years ago, a study indicated that 78% of high-net-worth individuals believed that the “next generation is not financially responsible enough to handle inheritance.” While I believe those same individuals will develop greater confidence as their children grow and …read more »
DonorsTrust is one of more than 1,000 donor-advised fund providers across the country. We represent a segment of those providers known as “mission-driven” funds, but there are many other types offered by national banks, brokerages, and local community foundations.
The core set of features and benefits are synonymous among all of these organizations. DAFs, as donor-advised funds are often abbreviated, …read more »
“Would you like to give a dollar to fight cancer?”
Because I split my pile of items at AC Moore into two separate transactions, the sales lady asked me twice if I had a mere buck to stop one of worst diseases a person can face. And I blithely said “no” both times.
It isn’t that I’m heartless. Heck, I …read more »
The end of the year isn’t the only time to make charitable gifts. In fact, it could be the worst time given that everyone else does it.
Still, whether because of bonuses, holiday cheer, or the intense marketing efforts of charities after Thanksgiving, a preponderance of folks cluster their giving as the year winds down.
Let’s embrace that. And since …read more »