News & Articles

Mega Gifts Boost Giving Past $410 Billion

June 12, 2018       Mark Hrywna      

Giving to tax-exempt organizations in the United States last year grew by more than 5 percent to $410.02 billion – eclipsing $400 billion for the first time ever – riding a wave of a strong stock market and the philanthropic response to a series of natural disasters.

Social-Emotional Learning Gets $100 Million Boost

June 5, 2018       NPT Staff      

National University System received the largest donation in the network’s 17-year history today: $100 million from banking magnate T. Denny Sanford. The donation brings Sanford’s total support of the system to an estimated $170 million.

Gates Foundation Commits $158M To Economic Mobility

May 7, 2018       Andy Segedin      

The Bill & Melinda Gates Foundation has committed $158 million over the next four years to identifying and breaking down barriers to domestic economic opportunity.

Blackbaud Acquisition Ups Its Position in Higher Ed

May 1, 2018       Mark Hrywna      

Blackbaud took another step into the higher education technology and fundraising market, acquiring Reeher, a St. Paul, Minn.-based predictive modeling platform for colleges and universities. The sale price was $40 million.

‘Rage’ Giving Fueled Uptick In 2017 Fundraising

April 11, 2018       Andy Segedin      

The year-to-year change in donors in households from where gifts were made to organizations for the first time increased in 2017 for the first time during this decade, up 10 percent from 2016. The bump is being driven by donors who already give to other organizations, many of them making gifts of at least $1,000.

Cryptocurrency Converts To $29 Million For DonorsChoose.org

March 28, 2018       Mark Hrywna      

As founder and CEO of DonorsChoose.org, Charles Best rarely finds himself pitching donors. But in January he shot off an email to executives at Ripple, a fast-growing cryptocurrency.

Fidelity Charitable Hits Early $1-Billion Grant Mark

March 28, 2018       Andy Segedin      

Fidelity Charitable needed less than two and a half months to reach the $1-billion grantmaking mark this year. The Boston, Mass-based independent charity hit the $1-billion figure with grants from donor-advised fund (DAF) accounts on March 13, according to Nabil Ashour, a Fidelity Charitable spokesperson.

U Of Chicago Donors Want Their Money Back

March 6, 2018       Mark Hrywna      

A family foundation is seeking the return of almost $23 million, part of a $100-million grant announced three years ago to the University of Chicago to established a world renowned center to study global conflicts.

DAF Grantors Prefer Education Over Religion

February 28, 2018       Andy Segedin      

This story has been updated to reflect the source of data.

Opinion: Boosting Giving Must Get Universal Support

February 20, 2018       Paul Clolery      

An economy with a Gross Domestic Product (GDP) of $19.36 trillion probably should be able to squeeze out more than $390.05 billion to fund charitable endeavors, a social safety net, education, research and exploration. Depending on who is counting, the $390.05 billion reported in for 2016 in “Giving USA” is roughly 2 percent of the overall U.S. economy.