The fundamental economic concepts of trade-offs and opportunity costs have been on trial for several weeks. Sadly, our elected officials have found them wanting.
The outbreak of the Covid-19 virus created a health crisis. Federal and state governments’ reactions to this challenge, however, precipitated an economic and financial crisis that will linger past any recovery from or stabilization of the …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 »
Each month we share how current DonorsTrust clients use a donor-advised fund to fulfill their charitable goals in our Client Stories series. Our latest feature focuses on a client who uses his fund to increase his tax-savings and then maximize his impact with the organizations he cares for. You can read the previous installment featuring Gerry Ohrstrom here.
Daniel …read more »
At the end of 2019, President Trump signed the SECURE Act. The SECURE Act changed rules governing inherited Individual Retirement Accounts (IRAs) and other qualified plan distributions. The legislation marks the most substantial change to various retirement accounts in many years, and requires you to rethink who you name as account beneficiaries who might inherit your account or accounts.…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 »
In our Client Stories Series, we share how current DonorsTrust clients use a donor-advised fund to fulfill their charitable goals. This month we feature a client who uses his fund to streamline and simplify his giving so that he can focus on finding new organizations out there doing good work. You can read the previous installment featuring Dan Rothschild here. …read more »
Does private charitable giving really matter when it comes to medical and scientific research?
The government already funds so many projects, research institutions, and laboratories – so why would anyone need to give more to these places? Do private dollars even make a difference in regards to medical discovery?
Government Funding or Private Giving?
While it’s true that medical funding …read more »
In the early 1800s, Thomas Jefferson unleashed the power of American philanthropy, though perhaps not in the way he intended.
Jefferson may have been brilliant in penning the mission statement for the United States (…life, liberty and pursuit of happiness…) but he was still a politician and acted as such.
The Founding Father did not like the trustees …read more »