Researchers who analyzed a decade of data detected a reduction in giving after millions of Americans stopped getting a tax break tied to charitable giving.
Big changes would require an act of Congress but lawmakers have not stepped up. And there’s been pushback against new rules the IRS has proposed for these accounts reserved for giving.
Three philanthropy scholars discuss several trends in giving by the wealthiest Americans highlighted in this yearly report. Among them: Much of this money doesn’t go to charities right away.
Threats from disappointed donors over the language used during campus protests about the Israel-Hamas conflict have become angrier and more public than in the past.
Political situations in both Israel and the US could be changing prior patterns with these donations, which fund hospitals, museums and a wide array of organizations.
Joseph Smith encouraged early Latter-day Saints to pool their resources. Two centuries later, one of the results is an investment portfolio estimated at $100 billion.
Susan Appe, University at Albany, State University of New York
Indian American donors will have an opportunity to collectively fund improvements in education, health care and gender equality in India on March 2, 2023.
The hefty sums many billionaires give away place them in an age-old debate about wealth and charity – and whether it’s appropriate for donors to have a say over their wealth from the grave.
Professor of Economics and Philanthropic Studies; Associate Dean for Research and International Programs, Lilly Family School of Philanthropy, Indiana University
Associate Professor of Philanthropic Studies and Donald A. Campbell Chair in Fundraising Leadership, Lilly Family School of Philanthropy, Indiana University