News & Articles

Giving Hit Record $390 Billion For 2016

June 13, 2017       Mark Hrywna      

Giving in the United States set a record for the third consecutive year, topping $390 billion for 2016. Giving was up 2.7 percent and increases were reported in all major categories of nonprofits for only the sixth time in 40 years.

Robin Hood Gala Tops $54 Million

May 19, 2017       NPT Staff      

The Robin Hood Foundation raised $54.5 million Tuesday night during its annual benefit at the Javits Center in New York City. The event, hosted by “Good Morning America” co-anchor and former NFL star Michael Strahan, featured performances from Chris Martin and Jonny Buckland of Coldplay, Miley Cyrus, and Dave Chapelle in for 4,000 attendees.

Study Shows ‘Big Bets’ Are Mostly Add-Ons

May 11, 2017       Andy Segedin      

When it comes to making big bets in philanthropy, U.S. donors are generally more comfortable adding on to what already exists than building a campaign or system from scratch. The result is that a half-dozen of the 10 most common types of big bets are seldom utilized.

Initial Tax Proposal Leaves Charitable Deduction Alone

April 26, 2017       Mark Hrywna      

The White House released a preliminary tax plan this afternoon that would double the standard deduction, keep the itemized deduction for charitable contributions and eliminate the estate tax and the alternative minimum tax.

Travel Writer Gifts Apartment Complex To YWCA

April 17, 2017       Mark Hrywna      

The YWCA of Seattle | King | Snohomish received a donation from travel writer and host Rick Steves sooner than originally expected.

Grantmaking Up In Pacific Northwest

April 12, 2017       Mark Hrywna      

Grantmaking in the Pacific Northwest jumped by more than 40 percent between 2012 and 2014, with health and education accounting for the largest portion of funding.

Nonprofit News Groups Get $114 Million Boost

April 5, 2017       Andy Segedin      

Omidyar Network, the philanthropic investment firm established by eBay founder Pierre Omidyar, unveiled a $100-million initiative to span the next three years aimed at strengthening independent media and investigative journalism, combating misinformation and hate speech, and enabling citizens to better engage with government entities.

Restricted Gifts: What You Can And Can’t Do

March 31, 2017       Andy Segedin      

There is much public and media interest in from where organizations are receiving their charitable gifts. It runs from allegations of pay-to-play relating to presidential nominee Hillary Clinton’s foundation to questions about who was donating to President Donald Trump’s foundation to instances of organizations naming fixtures after donors only to regret it later.

Bezos Family Donates $35 Million For Cancer Research

March 31, 2017       NPT Staff      

The Fred Hutchinson Cancer Research Center, based in Seattle, Wash., has received the largest private contribution in its 41-year history, a $35-million gift from the Bezos family. The gift will be used to attract research talent to lead projects at the core of the center’s new strategic plan. Jeff Bezos is chief executive officer of online retailer Amazon.

72% Hike In Donor-Advised Fund Contributions

February 16, 2017       Andy Segedin      

Contributions to the National Philanthropic Trust shot up to $1.7 billion in 2016, a 72-percent increase from 2015. The spike was likely a result of favorable market conditions and concern over potential future changes in tax policy, according to Eileen R. Heisman, president and CEO of the Jenkintown, Pa.-headquartered donor-advised fund.