News & Articles

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.

Higher Ed Fundraising Hits Another Record

February 7, 2017       Andy Segedin      

Charitable giving to American colleges and universities reached the $41 billion mark in 2016, eclipsing 2015’s record of $40.3 billion. The sum represents a 0.4 percent increase adjusted for inflation. Foundation and corporate giving were primary drivers of the increase.

Fidelity, Vanguard, Schwab Passed Along $5.7 Billion

February 3, 2017       Mark Hrywna      

As giving to donor-advised funds (DAF) continues to grow so does grant-making by the charitable giving vehicles.

$28 Million Gift Headed To Boston

January 11, 2017       NPT Staff      

The Boston Foundation is preparing to receive one of the largest gifts of its 101-year history. The estimated $28-million donation is from Billeria, Mass.-based education firm Curriculum Associates via the Iowa State University Foundation. The gift represents the fourth donation of more than $20 million in the foundation’s history.

High-Income Chinese-Americans Target Science, Tech

November 2, 2016       Mark Hrywna      

Affluent Chinese-Americans put a greater emphasis on science and technology nonprofits (20 percent) than wealthy Americans generally (9 percent) but almost half of both groups prioritize children’s and education charities.

$600,000 Raised With Robin Williams’ Bikes

October 28, 2016       Andy Segedin      

Shortly after a horse-riding accident left actor Christopher Reeve paralyzed, he was paid a visit by an Eastern European proctologist. As the doctor’s behavior became increasingly flamboyant, Reeve finally realized that it was his friend from The Julliard School, Robin Williams, in costume. It was the first time he smiled since his injury.

Only 25% Of Wealthy Plan To Give To Candidates

October 26, 2016       Andy Segedin      

Nearly a quarter of wealthy donors (24 percent) have given to a political candidate, campaign or committee last year or plan to do so before the end of the election season. Donors over the age of 70 (40 percent) and members of the LGBTQ community (38 percent) are the most likely wealthy donors to give to a political candidate or campaign.

14-1 Return Projected For Jobs Philanthropy

September 7, 2016       Andy Segedin      

A $1 billion philanthropic investment into competency-based job training and higher learning could yield returns of up to 14-fold. The projection is part of The Bridgespan Group’s Billion Dollar Bets series.

Celebrity Divorce Results In $7M In Donations

August 19, 2016       Andy Segedin      

The divorce proceedings of actress Amber Heard and actor Johnny Depp have resulted in a pair of seven-figure donations.

Big Apple Circus Seeks ‘White Knight’ To Save Season

August 2, 2016       Andy Segedin      

Big Apple Circus’ 2016-2017 season is on hold following years of rising costs and bad luck. The Brooklyn, N.Y.-based nonprofit circus lost an estimated $250,000 in 2012 after its performance venue, Manhattan’s Damrosch Park, was closed following Hurricane Sandy.