As the season of giving comes to a close, we can be sure of this: The charity that will raise more money than any other will be Fidelity Charitable, an $30bn enterprise that manages the charitable giving of more than 200,000 mostly well-to-do clients. Last year (2018), Fidelity Charitable collected $9bn in deposits. That was more …
Rules, they say, are made to be broken. This is not necessary when it comes to the rules designed to promote transparency in foundations. They’re so ineffectual that there’s no need to break them. Wealthy donors can and do hide charitable giving for which they claim tax deductions, the investments they hold in tax-advantaged accounts …
This is not the time to be holding onto money that will eventually go to charity. Needs are urgent: Globally, about one in 10 people remain extremely poor. In the US, the environment, immigrants, civil rights, reproductive freedoms and democracy itself face threats from the Trump administration. Meantime, it’s not hard to identify standout nonprofits. Yet …
Nonprofit Chronicles 