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.
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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Giving With Family: Using a Donor-Advised Fund to Engage the Next Generation

Giving With Family: Using a Donor-Advised Fund to Engage the Next Generation

Are you involving the next generation in your charitable decision-making? A surprising result from the 2014 US Trust Study of High Net Worth Philanthropy suggests that many families are not working together to make giving decisions.

Fewer high net worth households report having family traditions around giving (41.3 percent) than those that do not have family traditions around giving (58.7

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Benefits of DAFS: Privacy and being understood

Benefits of DAFS: Privacy and being understood

Give the way you want to give. That should be the goal of any charitable tool. Frankly, it is why many people continue to simply give directly. Over time, though, as one’s giving expands, you may want a tool that will allow you to maintain the emphasis on giving.

We’ve previously discussed the flexibility that donor-advised funds offer to donors …

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Government “Philanthropy” vs. Private Giving

Government “Philanthropy” vs. Private Giving

Last week I made a call I didn’t want to make. A client sent a grant request for an organization that receives a significant portion of its revenue from government sources. I had to tell the client our Board likely would not approve the grant.

Since our founding, one of DonorsTrust’s guiding rules has prohibited grants to organizations receiving more …

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Know the Basics of Donor-Advised Funds

Know the Basics of Donor-Advised Funds

This morning’s Wealth Management section of the Wall Street Journal features a short-but-helpful look at the basics of donor-advised funds under the straightforward title of “Donor-Advised Funds: How Do They Work—And Are They Useful?

The author, Tom Herman, notes a few different ways a donor might use a donor-advised account. One example is of someone who want to …

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