Governing Boards, particularly those that do not consist of political appointees and work effectively, seem to have several common elements that help to ensure they stay effective. First, they have well-defined and appropriately structured committees [...]
“When we honestly ask ourselves which person in our lives means the most to us, we often find that it is those who, instead of giving advice, solutions, or cures, have chosen rather to share our pain and touch our wounds with a warm and tender hand.” — Henri Nouwen, Out of Solitude: Three Meditations on the Christian Life.
President and CEO David King talks with Atlanta Business RadioX about the tax reform's expected impact on giving and discusses current trends in philanthropy and nonprofit giving. Listen to the live broadcast here.
Earlier this year we talked about the possible impact of the Tax Cuts and Jobs Act (TCJA) on charitable giving. The “bumpy road” we suggested then seems to be even more uncertain now – thanks, in-part, to some accounting world advice.
A steady growth in all other subsectors is consistently reducing its market share, and religious institutions themselves may be partly to blame. Were it not for religious groups, we would not have many of our universities, hospitals, hospices, and a number of human service-focused organizations.
Many of us came up in a world of fundraising where we talked about the pyramid of giving. This was the concept that most nonprofit constituencies resemble a pyramid when you stack the number of donors at each giving level. A great deal of traditional fundraising theory and strategy is based on this concept. That is all well and good if your donor base is a classic pyramid. But, what if it’s not?
The athletic seating deduction/counting issue arising from the recently passed tax legislation disallows 80% of the tax-deductible “gift.” This means athletic departments now require individuals to pay for the privilege of purchasing season tickets.
As we celebrate the $410 billion given in 2017, many consider philanthropy to be in a Golden Age. Not surprisingly, there are once again expressions of concern about the influence of large foundations.