Author Archives: Peter Lipsett

Peter Lipsett

About Peter Lipsett

Peter Lipsett is vice president at DonorsTrust. He also leads DonorsTrust’s Novus Society, a network of donors under 40 committed to growing their philanthropic know-how. He has a dual degree in political science and theater from Davidson College and finally got a practical credential with an MBA from George Mason University.
Donor Intent Statements: Why purpose do they serve?

Donor Intent Statements: Why purpose do they serve?

Page three of the DonorsTrust donor-advised fund application features a unique box. In it, new clients are asked to, “describe your charitable principles, interests, and goals so that DonorsTrust may better preserve your donor intent.”

Preserving donor intent for liberty-minded donors forms the core of DonorsTrust’s mission. That is why it is the first question we need answered when establishing …

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The Sitcom Effect Can Ruin Your Charitable Legacy

The Sitcom Effect Can Ruin Your Charitable Legacy

You’ve surely seen this trope play out on most any sit-com tv show you’ve watched. Person A does something, and person B observes what person A does but completely misinterprets it. A mess is created and hilarity ensues. Twenty minutes later, person A and B finally have a conversation. All is resolved as poignant music plays underneath.

That’s all well …

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Ty Cobb’s Philanthropy Has Lessons for Us All

Ty Cobb’s Philanthropy Has Lessons for Us All

It’s not every day I stumble on an article that combines my passions for baseball, philanthropy, and my home state of Georgia. Yet Mary Moran’s “Ty Cobb: An Unlikely Philanthropist” hit that unlikely triple crown.

I had no idea Ty Cobb, the Royston, Georgia, native known for being a hard-charging ballplayer (and person in general), had such a …

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Thinking Long-Term In A Short-Term Political Climate

Thinking Long-Term In A Short-Term Political Climate

Each month, an expert from the liberty movement will share thoughts on how to be more strategic in our charitable giving. This month, we take from two experts, Steve Moore and Arthur Brooks, drawing from a recent talk they gave to DonorsTrust clients.

How can donors concentrate on advancing liberty-advancing ideals when policymakers and the general public are so intensely …

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Being Mission-Driven

Being Mission-Driven

The average American household donated $2,974 to charity in 2013 according to The Center on Philanthropy at Indiana University. Each household distributes that differently. In some cases, spouses may have divergent views and an accounting of charitable gifts can range wildly in purpose, ideology, or location. For others, all that giving may be to a single institution, like a church.…

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Telling the Story of Liberty Through Film

Telling the Story of Liberty Through Film

Each month, an expert from the liberty movement will share thoughts on how to be more strategic in our charitable giving. This month, Patrick Reasonover, a filmmaker and founder of Taliesin Nexus, shares his perspective on ways donors can invest in talent and projects that bring the ideas of liberty into the cultural mainstream, primarily through film.

 

It’s …

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Power of Philanthropy Shines Through in New Almanac

Power of Philanthropy Shines Through in New Almanac

Last week, a weighty box arrived in my office. I was immediately excited. Inside, I knew, was my own copy of the new Almanac of American Philanthropy, authored by Karl Zinsmeister and published by the Philanthropy Roundtable.

The Almanac runs just over 1,300 gold-leaf pages that are filled with the stories of the charitable forces that have shaped America. …

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The Generational Concern: A surprising number don’t trust next generation to handle inheritance

The Generational Concern: A surprising number don’t trust next generation to handle inheritance

What will the next generation do with your wealth? Nearly 80% of wealth-creators believe their heirs will blow it.

Money magazine reports on several studies that show “70% of wealthy families lose their wealth by the second generation, and a stunning 90% by the third.” Further, 78% of high-net-worth individuals believe “the next generation is not financially responsible enough to …

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