Could the big foundations ever be the change they want to see?
Is “social justice philanthropy” an oxymoron? Most of the money that’s sitting in the bank accounts and endowments of large philanthropic foundations originates from the same mechanisms that caused the problems their giving is meant to fix.
Foundations with their roots in the extractive and automobile industries spend money to combat climate change and environmental degradation. Technology-based philanthropy benefits from a global economic system of cheap, outsourced...
At her 2013 gala fundraising event, which included a silent auction, Jayne Drew noticed people checking their phones as they sat down to dinner.
Rudeness? Certainly not to Drew, who couldn’t have been happier.
“They were getting alerts that they’d been outbid, and entering new bids,” said Drew, development director for GiGi’s Playhouse, a Hoffman Estates-based organization that supports educational programs for people with Down...
The legalization of pot is said to be bringing all manner of out-of-state visitors to Colorado, but it's hard to imagine the Aspen Institute getting much of a boost, since it draws the kind of "influencers" who have future confirmation hearings to worry about.
Anyway, Aspen has never had much difficulty rounding up high-level folks for its working groups, and the 2014 roster of the Aspen Philanthropy Group, which just met last week, is a case in point. It includes the chiefs of the...
Jason Franklin's Plan for Better Living through Bigger Giving
Jason Franklin is not necessarily who one might picture when envisioning a philanthropic heavy hitter. Bearing no resemblance to any staunch, moneyed stereotype, the thirty-something Franklin is a freshly minted PhD with an air of approachability; a guy who wears his charming allure as easily as he does a ready, boyish grin. In his lofty position as CEO & Executive Director of New York’s Bolder Giving, Franklin is at the helm of a nonprofit focused on providing high-level givers the...
Jessan Hutchison-Quillian, a young Google engineer in Seattle, uses his time and money to fight poverty and income inequality.
When Jessan Hutchison-Quillian asked what I intended to say about him, I joked that I’d say he was trying to upturn the social order and that it was all the fault of his moms. Actually, that’s really close to the truth.
Hutchison-Quillian, 27, wants this to be a more just and generous society. Achieving that can require some revolutionary action, and it’s true that his upbringing helped shape his values.
What drew my attention to him is this: He graduated from the...
More than 120 of the world’s billionaires have committed publicly to giving at least half their wealth to charity, including 19 on this year’s Philanthropy 50 list.
But while the number of people who have signed the Giving Pledge, unveiled nearly four years ago by Bill and Melinda Gates and Warren Buffett, has been growing, so too are concerns about whether the effort is channeling enough new money to urgent causes today and whether some people are motivated to join for...
Nonprofit group encourages going big on donations
This holiday season, many people plan to give donations to their favorite charities: $20, $100, maybe even more — after all, the average level of giving in the U.S. is 2-3 percent of annual income. But some are giving away 50 to 90 percent of their entire income or net worth, with the help of an organization called Bolder Giving.
The idea behind Bolder: inspire people to build giving into their lives in a big way, and on a consistent basis. Many people need individual...
Next gen donors: what will they do differently?
This article was originally published in the December 2013 issue of Alliance magazine. The original article can be found at www.alliancemagazine.org/en/content/december-2013. For more information about subscribing to Alliance, please visit www.alliancemagazine.org/subscribe.
I’ve been a ‘next gen’ donor for 13 years, ever since I began getting involved in philanthropy after discovering as a graduate student that my family had a small...
Giving to charity is easy if, afterwards, you still have $67 billion in the bank.
That’s the current net worth of Bill Gates, co-founder of Microsoft, who’s given away billions through his foundation.
A few years ago, Gates and his friend, investor Warren Buffett, who’s worth a mere $54 billion, started asking other really rich people to follow their lead and give more and more of their fortunes away.
Now for the rest of us: The organization that Gates says...
Giving to charity is easy if, afterwards, you still have $67 billion in the bank. That’s the current net worth of Bill Gates, co-founder of Microsoft, who’s given away billions through his foundation. A few years ago, Gates and his friend, investor Warren Buffett, who’s worth a mere $54 billion, started asking other really rich people to follow their lead and give more and more of their fortunes away. Now for the rest of us: The organization that Gates says inspired his...
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