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 »
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 »
Every year I dread the Tuesday after Thanksgiving – the day now known as Giving Tuesday.
It’s not that I don’t want to support deserving organizations. Rather, it’s that my inbox and social media feeds are inundated with pleas for assistance. Family, friends, co-workers, and acquaintances apply pressure. I’m overwhelmed by the deluge of requests and, more often than not, …read more »
Tremendous amounts of ink have been spilled over the recent passing of David Koch.
Writers have expressed quite a range of emotion – he has been deified and vilified. But, love him or not, it is undeniable that he believed in the power of private philanthropy. He gave generously to libraries, the arts, public policy organizations, and hospitals. He started …read more »
Life does not always mimic Robert Frost. We should define ourselves less by our regret over a road not taken, than by those moments along our journey when we were t-boned.
I recognize that time has a way of blurring memories’ edges, and in some cases, obliterating them. Historians spend lifetimes discerning hyperbole, exaggeration, and mistaken identity from so-called reality.…read more »
I take the “New Year” literally. It’s what decades in the non-profit industry does to a man. To me, the phrase simply means it is no longer the year it was previously. It’s a no-nonsense approach, I realize. For most others New Year’s is a chance to celebrate second chances and explore new opportunities. There is nothing wrong with that.…read more »
“I got a lot of problems with you people! And now, you’re gonna hear about ‘em.”
And thus begins the traditional Airing of Grievances at the Festivus celebration, a made-up holiday featured in that great sitcom, Seinfeld.
(If you’re already lost or just want a laugh, check out this one-minute video to appreciate the essence of Festivus and the …read more »
This month’s installment of “Beyond Policy” highlights groups working to build community for liberty-loving Millennials written by Cindy Cerquitella of America’s Future Foundation. You can find the previous segment of this series by Helen Straight here.
I recently had drinks with a friend that works in the State Department. She was brought up to believe in conservative values and carried those with …read more »