Good news! Giving USA’s annual survey of charitable giving in America reports that overall contributions by Americans in 2017 increased by an inflation-adjusted 3%. Individuals, foundations, and corporations donated more than $400 billion into the non-profit sector, the most ever.
The Chronicle of Philanthropy offers a nice synopsis of the survey’s findings, as well as an interesting perspective (and …read more »
Donor-advised funds offer many terrific benefits, but, at the end of the day, DAFs exist to facilitate one goal – making contributions to your favorite charitable causes. Understanding the processes involved in making those grants, both the seen and unseen, allows clients to more easily use their fund to advance their philanthropic goals.
On the surface, the process is simple. …read more »
DonorsTrust exists to ensure a steady flow of philanthropic capital into the liberty movement as well as to the myriad of organizations bringing private solutions to bear on social problems. Some progressives view is as nefarious, even as they aggressively seek to expand their network of similar institutions. We – and our clients – merely view the DonorsTrust model as …read more »
In 2018, we will continue sharing first-hand stories of how clients use their DonorsTrust donor-advised accounts in different ways. This is Ann Fitzgerald’s story, the fourth installment in our series. You can read the previous article from Peter Flinch here.
How much time do you spend thinking about other people’s money?
If you work for a nonprofit in the freedom movement, …read more »
While we don’t get many inquiries about last minute gift ideas (you’re on your own for that!), we do receive a diverse range of questions at the end of the year. As you can guess, many people focus their charitable giving as the calendar winds down towards December 31. Below, I’ve listed several of the common questions we at DonorsTrust …read more »
We have just flipped the calendar to December. That prompts many of us to ponder our year-end charitable giving.
Some people dash off checks to the same organizations year after year, presumably after giving a bit of thought to the list and making sure their opinions of those groups remain the same.
Others survey the landscape of groups doing good …read more »
Giving cash is often the simplest way to make a charitable contribution. When I say cash, I include writing a check, paying with a credit card, and literal paper currency.
While these are easy ways to make the gift, they are not always the most optimal – for you or for the receiving charity. If you have several charities you …read more »
Being firmly committed to a set of principles carries a major risk, namely that those who take an opposing view will also oppose you.
DonorsTrust is built on a set of principles anchored around donor intent and the ideals of liberty. Sadly, this means we have critics and detractors. That’s ok. Contrary to the sheltered perspective of certain loud voices, …read more »
“But how do you choose who to give to?”
In my conversations with folks about DonorsTrust, this is a question that frequently comes up – far more often than I expected.
The answer is that the client chooses. Rather, I should clarify that the client recommends or advises. That is, after all, why we call it a donor-advised…read more »
You’ve probably heard this Lao Tzu quote before: “A journey of a thousand miles begins with a single step.” The great philosopher’s sage wisdom, of course, is simple: you must begin.
Yet in beginning one’s charitable journey, we often make two common mistakes. One is our failure to get started at all. That happens when we aren’t sure how to …read more »