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Why are donors more generous with time than money? “Holding all else equal, people are more generous with pro-social investments of time than money,” according to a recent paper that examined the results of seven experiments around giving. “Why Are Donors More Generous with Time than Money? The Role of Perceived Control Over Donations on… Continue reading Episode 52: Why Are Donors More Generous with Time?
A coalition of local and national organizations is challenging Fidelity Charitable in what they describe as its role in funneling millions of dollars in systemic oppression. Unmasking Fidelity was created after a 2019 exposé by nonprofit news outlet Sludge. It revealed anonymous donor-advised funds (DAFs) contributed millions to organizations identified as “hate groups” by the… Continue reading Episode 51: Unmasking Fidelity
“Employees are the most important thing to the success of our business so if allocating resources there is going to make a difference in achieving our mission and achieving our goals, we’re going to allocate resources there,” Tara Fitzpatrick-Navarro, CEO of the United States Tennis Association Mid-Atlantic Section (USTA-MAS), said. Last year, the USTA-MAS hired a… Continue reading Episode 50: Best Nonprofits To Work For 2022
A woman builds a business empire and then goes on to give away millions of dollars to charity. It’s not an unusual story, at least not today — but if the woman was an African-American during the Jim Crow era? Madam C.J. Walker is considered America’s first self-made, female millionaire. We’ll learn more about her… Continue reading Episode 49: Dan David Prize Winner Tyrone Freeman
Endowments are a common form of giving to higher education, arts , and medical research organizations. William Foster, managing partner, and Darren Isom, partner, of The Bridgespan Group, analyzed the investment income of 56 nonprofits dedicated to social change. Between 2000 and 2013, only 5% of philanthropic gifts of $10 million or more were deployed… Continue reading Episode 48: Endowing Black-Led Nonprofits
An increase from 3 to 4 stars on Charity Navigator can be associated with a 6% rise in contributions. For smaller charities, the impact can be as much as 11%. That’s not too surprising but what about when ratings drop? According to new research, there’s no impact on contributions. “There seems to be this asymmetric… Continue reading Episode 47: Navigating the Notches
#GivingTuesday in 2020 raised an estimated $2.47 billion both online and offline, which was up 25% from $1.97 billion in 2019. Almost 35 million people participated in 2020. What’s on tap for 2021? According to Woodrow Rosenbaum, that’s up to nonprofits. “We’ve been handed an opportunity. It’s not often that you have an industry that’s… Continue reading Bonus Episode: #GivingTuesday 2021
MacKenzie Scott’s billions of dollars in mega gifts and American donors’ response to the coronavirus pandemic (COVID-19) fueled the largest charities in the United States last year. The 2021 NPT 100 ranks the largest nonprofits in the U.S. that derive at least 10% of total revenue from public support. Colleges and universities are not included… Continue reading Episode 46: The 2021 NPT 100
Nonprofits have been pushing for a universal charitable deduction for years. The CARES Act created a temporary tax deduction for charitable gifts up to $300 for single or married filers in 2020. Congress extended that into 2021 and increased the deduction to $600 for married couples. Two professors at the University of Virginia proposed a… Continue reading Episode 45: The Charitable Tax Deduction & Civic Engagement
When the Nonprofit Revitalization Act passed in 2013, it was the first major overhaul of nonprofit regulations in New York State in 40 years. The legislation modernized rules around nonprofit boards and committees and, among other things, prohibited nonprofit officers from being present at meetings where their pay is discussed. In the years since, a… Continue reading Episode 44: Regulating CEO Pay
