Category Archives: Philanthropy

Foundations & DAFs: Partnership over Parochialism

Foundations & DAFs: Partnership over Parochialism

Who would win in a fight: private foundations or donor-advised funds?

Perhaps you’ve heard someone on one side of the debate or the other advocating a zero-sum answer on why one vehicle is better than the other. A friend sent me a text recently about a conversation she had with a foundation person who spent time in their chat bashing …

read more »
Cultivating Philanthropic Partnerships Will Get Us Through This Season

Cultivating Philanthropic Partnerships Will Get Us Through This Season

It was August the year we moved into our current house. The air was still sticky thick and the foliage a deep-vined green. Two months later, the kaleidoscope of fall’s foliage exploded among our woods, replaced soon thereafter by a particularly icy, cold winter.

When Spring arrived, I discovered I had seven dogwood trees nestled by our rear deck. Azalea …

read more »
Giving Through Crisis: What Donors Think Now

Giving Through Crisis: What Donors Think Now

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 »
Coronavirus Philanthropy Ideas for the Strategic Giver

Coronavirus Philanthropy Ideas for the Strategic Giver

“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 »
Strategic Venture Funds: A Lever for Action

Strategic Venture Funds: A Lever for Action

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 »
Philanthropy and Discovery: The Necessity of Private Dollars

Philanthropy and Discovery: The Necessity of Private Dollars

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 »
Freedom to Discover: What Private Giving Made Possible

Freedom to Discover: What Private Giving Made Possible

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 »
Giving Tuesday: The Catch-22 of Philanthropy

Giving Tuesday: The Catch-22 of Philanthropy

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 »
Giving a DAF to the Next Generation

Giving a DAF to the Next Generation

Are your kids ready to handle the weight of carrying out your charitable legacy? Are they ready to create their own?

Several years ago, a study indicated that 78% of high-net-worth individuals believed that the “next generation is not financially responsible enough to handle inheritance.” While I believe those same individuals will develop greater confidence as their children grow and …

read more »
Charitable Solutions Guide: Picking, Saving, Bunching

Charitable Solutions Guide: Picking, Saving, Bunching

The end of the year isn’t the only time to make charitable gifts. In fact, it could be the worst time given that everyone else does it.

Still, whether because of bonuses, holiday cheer, or the intense marketing efforts of charities after Thanksgiving, a preponderance of folks cluster their giving as the year winds down.

Let’s embrace that. And since …

read more »