Bezos Crowdsources His Next Philanthropic Effort

On June 15, Amazon founder Jeff Bezos wrote a tweet nobody expected. It was an image with the text “This tweet is a request fro ideas. I’m thinking about a philanthropy strategy that is the opposite of how I mostly spend my time—working on the long term. For philanthropy, I find I’m drawn to the […]

Gund Sells Painting to Start Criminal Justice Reform Fund

Philanthropist Agnes Gund, a former president of the Museum of Modern Art, sold one of her most valuable paintings to provide seed funding for a nonprofit criminal justice reform fund. Roy Lichtenstein’s “Masterpiece” hung on Gund’s mantel until she sold the piece in January for $165 million, including fees. Most of that money—$100 million—went to […]

Successful Grad Gives Back, Makes Hefty Donation to Alma Mater

When Ken Mehlman graduated from Franklin & Marshall College in 1988, nobody knew who he was. At the time, he was just another college grad trying to make something of his life. But in the years since then, Mehlman has made quite the name for himself. He is now a distinguished political figure, lawyer, and […]

Tax Reform Proposals Could Cost Nonprofits

According to a new report commissioned by Independent Sector, the tax reforms being proposed by Republican lawmakers and the Trump administration could decrease charitable giving by up to $13.1 billion. The report, Tax Policy and Charitable Giving, estimates that current proposals to lower the top marginal tax rate and raise the standard deduction could reduce […]

Food Banks Are Working to Serve Healthier Food

In a long-overdue moment of clarity, food security charities are starting to realize that poor people actually deserve to eat healthy food. And in doing so, they are starting to quietly revolutionize food banks. Probably since the beginning of food banks’ existence, these organizations have become a repository for well-meaning families’ unused canned goods and […]

Town & Country Names Top 50 Philanthropists of 2017

On May 8, the editors of Town & Country magazine shared the names of 50 men and women who are committed to changing the world through their philanthropy. Most of them are not household names, although a few are. Here are some of the people—with a combined giving power of $321 billion—who are making their […]

NASCAR Puts Philanthropy In High Gear

NASCAR CEO Brian France and his wife, Amy, have set the pace for the sport’s philanthropy. With a recent million-dollar partnership with Hassenfeld Children’s Hospital of New York at NYU Langone, the family has helped many children who otherwise may not have received medical care. “We don’t charge patients for our services, so we rely […]

2017 Guggenheim Fellowship Winners Announced

On April 6, the John Simon Guggenheim Memorial Foundation announced its 2017 class of fellows. The 173 Guggenheim fellows were appointed on the basis of prior achievement and exceptional promise, and were chosen from a group of almost 3,000 applicants. The Guggenheim Fellowships are unique for the great variety of backgrounds, fields of study, and […]

New York State Law Targets Donor Confidentiality

The state of New York has a law on the books that targets the confidentiality of donors to 501(c)(4) nonprofits, those focused solely on social welfare. While that definition is broad, and the Tea Party is such a nonprofit, the problem is that the New York law essentially puts up what some refer to as […]

Should You Start a Nonprofit or a Social Enterprise?

The rise of social enterprises has helped to make the world a slightly better place, as companies that care try to do good by the world around them, through partnerships, direct donations, or any number of other plans. But while they have contributed to the good in the world, they’ve also complicated the charitable field, […]