Polarity Thinking: Critical Guidance for Family Trusts - Part 1 of 5 | Planned Giving Design Center

Polarity Thinking: Critical Guidance for Family Trusts - Part 1 of 5 | Planned Giving Design Center: "This five-part article introduces the reader to Polarity Thinking in the trustscape, including consideration of trusts’ core polarity: Honoring the wishes of the trust creator while simultaneously empowering the beneficiary."



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Small and Midsize Foundations Exceed Payout Requirements in 2009, Study Finds - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

Small and Midsize Foundations Exceed Payout Requirements in 2009, Study Finds - News - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "June 30, 2010
Small and Midsize Foundations Exceed Payout Requirements in 2009, Study Finds

By Debra E. Blum

Small and mid-sized foundations were more generous to charities than they had to be last year, according to a new study.

More than eight out of 10 small and midsize foundations spent more than the minimum distribution required by law—which is about 5 percent of investment assets each year—according to a study by Foundation Source, a company that provides services for family foundations and other philanthropies."

WealthBriefing - Private Banking News and Wealth Management News and Features

WealthBriefing - Private Banking News and Wealth Management News and Features: "Although it is also found in the USA and in Europe, the family business model is particularly prevalent in Latin America, and other parts of the world where the family foundation model is still emerging. The USA is home to the largest number of family foundations in the world, and more than half of the independent foundations in this country are family run. The UK has the second largest number of family foundations, and British family foundations make a significant contribution to the funding of this country’s nonprofit sector."

Georgetown University: Students Award $31,000 to Local, Global Nonprofits

Georgetown University: Students Award $31,000 to Local, Global Nonprofits: "A new sociology course, “Philanthropy and Social Change,” lived up to its name this spring when its students decided to distribute $31,000 to nonprofit organizations.

The course came about after Kathy Kretman, director of Georgetown’s Center for Public and Nonprofit Leadership, received a call from the Sunshine Lady Foundation, a private family foundation established by Warren Buffett’s sister, Doris."

Venture philanthropists - Mauinews.com | News, Sports, Jobs, Visitor's Information - The Maui News

Venture philanthropists - Mauinews.com | News, Sports, Jobs, Visitor's Information - The Maui News: "If generosity is genetic, the Baldwin family must have philanthropy running through its blood. The longtime Maui family, whose roots run deep in Hawaii's history, knows that paying it forward is more than a motto - it's a lifestyle. 'We give what we can when we can. I feel like it's just something we do in our family and it's always been ingrained in us,' says Kristina Lyons, Fred Baldwin Memorial Foundation board of trustees president, and fifth-generation family member. Lyons' father is the late Maui businessman and philanthropist Michael Lyons II."

The Nonprofit Quarterly | Nonprofit Newswire | On the Job Training for Tomorrow's Givers

The Nonprofit Quarterly | Nonprofit Newswire | On the Job Training for Tomorrow's Givers: "According to the Wall Street Journal, setting up mini foundations for their children, like the one Rafferty is running, is one way the next generation is being groomed to someday head their family's philanthropies. Other ways children are learning the ropes of their family's philanthropy include forming special boards of directors or foundations committees that give them responsibility for specific duties, such as developing a Web site."

The Push-And-Pull Within Jewish Philanthropy

The Push-And-Pull Within Jewish Philanthropy: "One of the fascinating dynamics in American Jewish life today involves the complex and evolving relationship among three key groups: the Establishment organizations, symbolized by the federations, the primary engine that drives the organized Jewish community; the family foundations, which have generated great sums of philanthropic money in recent years; and the hundreds of emerging start-ups, or small, independent and youth-driven nonprofit ventures that have become increasingly popular in the last decade, especially among Generations X and Y."

New Online Catalogue for Philanthropy in Washington, DC | Leading Companies for Good | Fast Company

New Online Catalogue for Philanthropy in Washington, DC | Leading Companies for Good | Fast Company: "Now more than ever, individuals, corporations, and foundations want to make informed choices when they make financial contributions to nonprofit organizations. And people want to volunteer where their time and talents will be put to good use. So how do you know which organizations to support?

A valuable print resource since 2003, the Catalogue for Philanthropy: Greater Washington went online tonight. 'We offer a wide variety of giving options, including a gift registry and gift cards,' according to Barbara Harman, President and Editor, CFP-DC, and Executive Director, Harman Family Foundation."

County & State :: Lake Stevens Journal-New Grants Will Support Washingtonians Hit Hardest By the Recession

County & State :: Lake Stevens Journal: "Today, the Bill & Melinda Gates Foundation announced more than $4 million in new funding that will help 10 community foundations, the Washington State Library, and the Legal Aid for Washington Fund (LAW Fund) increase assistance for Washingtonians facing economic hardship. The grants will provide greater resources for residents as they look for work or seek support for basic needs, including food and family programs. Funds will also help to provide legal services for low-income families who face increasing economic hardship or unsafe living conditions."

Bloomberg, Weill to Receive 2009 Carnegie Medals of Philanthropy - Out and About

Bloomberg, Weill to Receive 2009 Carnegie Medals of Philanthropy - Out and About: "Well, there's no surprise winner like President Obama, who has just won the Nobel Prize for Peace, but New Yorkers can be proud that two of the four recipients of this year's Andrew Carnegie Medlas of Philanthropy are New Yorkers Mayor Michael Bloomberg and Sanford and Joan Weill. Gordon and Betty Moore and the Koç family of Turkey have also been named winners.. The awards -- consisting of a bust of Andrew Carnegie and a bronze medal -- will be given on October 15 as part of a Medals of Philanthropy Conference in New York, featuring, among others, Patricia Stonesifer, former head of the Bill & Melinda Gates Foundation."

Getting Clients To Focus On Philanthropic Goals - Forbes.com

Getting Clients To Focus On Philanthropic Goals - Forbes.com: "Philanthropy has evolved from simply supporting your college alma mater and church to being a strategic way for clients to positively influence the world they and their children will live in. Through informal and formal structures, such as family foundations, donor-advised funds and giving circles, clients are becoming more highly engaged in philanthropy. As advisers, we can provide valuable insight and planning advice to help our clients become more strategic and focused in their philanthropy, and to help us forge deeper relationships that get at the heart of our clients' long term goals."

Spend Out vs. Perpetuity: Raising the Question « Smart Assets: The Philanthropy New York Blog

Spend Out vs. Perpetuity: Raising the Question « Smart Assets: The Philanthropy New York Blog: "A trend? Hard to say. Research by the Foundation Center shows a modest uptick in the decision to spend out by family foundations. If my private conversations with executive directors and foundation board members are any indication, the spend out vs. perpetuity question is on the table for a growing number of private foundations. They are hungry for advice and examples."

PND - News - National Initiative Launched to Mobilize African Americans Against HIV/AIDS

PND - News - National Initiative Launched to Mobilize African Americans Against HIV/AIDS: "National Initiative Launched to Mobilize African Americans Against HIV/AIDS

The Henry J. Kaiser Family Foundation has announced the launch of a national effort designed to mobilize African Americans and promote calls to action to prevent and reduce the further spread of HIV/AIDS."

James' bikeathon charity event expected to attract 3,500 participants Cleveland Cavaliers Basketball NBA News - cleveland.com

James' bikeathon charity event expected to attract 3,500 participants Cleveland Cavaliers Basketball NBA News - cleveland.com: "CLEVELAND, Ohio -- More than 3,500 riders are expected to take part in the LeBron James State Farm King for Kids Bikeathon in Akron on Aug. 22, the LeBron James Family Foundation announced Monday."

More philanthropy can help meet crucial needs in communities - The Daily Breeze

More philanthropy can help meet crucial needs in communities - The Daily Breeze: "More philanthropy can help meet crucial needs in communities
Posted: 04/28/2009 04:09:11 PM PDT

When most of us are thinking about scaling down our spending and other ways to cope with the latest bad financial news, it is a stretch to think about giving away money. But people are doing it.

Not just the ultra-rich, but more or less ordinary people who happen to have made a little more than most of us. There are 64,000 charitable foundations in this country, and 37,500 of them are family foundations. About 60 percent of those are small, according to the New York Community Trust, a community foundation."

Pohlad Foundation to give $20M to those hit by recession - Minneapolis / St. Paul Business Journal:

Pohlad Foundation to give $20M to those hit by recession - Minneapolis / St. Paul Business Journal:: "The Pohlad Family Foundation has pledged $20 million for services helping small businesses, neighborhoods and nonprofits hit hard by the economic downturn, the foundation announced Wednesday."

Foundation Center - Press Release - Joan E. Spero Joins the Foundation Center as Visiting Fellow

Foundation Center - Press Release - Joan E. Spero Joins the Foundation Center as Visiting Fellow: "Family Foundations Prioritize Giving for the Economically Disadvantaged, New Foundation Center Report Finds

New York, NY — January 29, 2009. Giving by America's family foundations reached over $18 billion in 2007, a 13 percent increase from the previous year, according to the Foundation Center's new report, Key Facts on Family Foundations (2009 Edition). Among a subset of the largest family foundations, 30 percent of their giving provided a specific benefit for the economically disadvantaged.

'Family foundations provide much-needed resources in the best of times,' said Steven Lawrence, the Center's senior director of research. 'The current economic environment will make that support even more critical, especially for those in greatest need.'"

The NonProfit Times -"States Push To Encrypt Donor/Client Info

The NonProfit Times - The Leading Business Publication For Nonprofit Management: "States Push To Encrypt Donor/Client Info

By Michele Donohue

Fred Schultz, CEO and founder of the Foundation for Positively Kids (FPK) in Las Vegas, deals with a lot of confidential information in his program for medically-dependent children. The organization stores names, addresses, medication, family information and donor credit card information.

A good portion of that information arrived via email. That system now must be overhauled to accommodate a new Nevada law that requires personal information transmissions to be encrypted."

In tough times, tough choices for grant makers -- baltimoresun.com

In tough times, tough choices for grant makers -- baltimoresun.com: "Bad economic times hit grant makers hard, too. Foundation assets are shrinking rapidly, with some down by 30 percent or more this year. The corporate world is changing and putting corporate giving programs in double jeopardy: declining profits coupled with loss of local control. Family foundations are seeing their investment returns decrease just when many have made multiple-year commitments to causes they believe in."

Charities Are Bracing For a Long, Hard Winter - TIME

Charities Are Bracing For a Long, Hard Winter - TIME: "Lehman Brothers CEO Dick Fuld may have helped ignite the financial apocalypse, but consider this: In 2006, through his Kathy and Richard S. Fuld Jr. Family Foundation, Fuld also gave away over $5 million. The Lehman Brothers Foundation further gave $39 million last year to charity or for the charitable giving of its workers — many of whom are now unemployed or considerably less secure about their own financial futures."