While many are chattering about Fidelity Charitable (which collected—don’t call it raised—philanthropic dollars totaling $4.6 billion last year) firmly bumping United Way (which only collected $3.7 billion) from the top of The Chronicle of Philanthropy’s newly released “Philanthropy 400” list, I’m having very different thoughts—though they are pretty much the same thoughts I have every year when I look at this list.
First, is there any real value in this list? Does it actually do some harm? To the extent that the American public learns about Read more
Year after year, charitable giving makes up only 2% of America’s GDP. I don’t care what the actual number of dollars is because it still always amount to the same small percentage.
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I was intrigued when I caught a headline suggesting there were three ways to increase this 2%. Sadly, though the author of the article says these three things could move the needle on the GDP, they certainly didn’t move me: legacy giving (the new term for planned giving), donor Read more