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Protecting Donor Intent: How to Define and Safeguard Your Philanthropic Principles

Protecting Donor Intent: How to Define and Safeguard Your Philanthropic Principles PDF Author: Jeffrey Cain
Publisher: The Philanthropy Roundtable
ISBN: 0985126523
Category : Reference
Languages : en
Pages : 72

Book Description
The need for this guidebook is clear. Donors have made large gifts to charitable causes only to have the funds eventually spent on purposes they never would have supported. All too often, the trustees and staff of grantmaking institutions drift from intended goals, lose accountability, or pay insufficient attention to the principles that governed their founders' charitable giving. In some cases, assets have been put to uses that would have repelled the original benefactors, turning a generous and well-intentioned gift into a punchline. This guidebook offers detailed guidance to philanthropists who want to ensure that the assets they dedicate to charity are disbursed as they intend. It identifies common pitfalls, explains relevant tradeoffs, and describes successful strategies used by other donors. It lays a broad range of options before you, and suggests ways you can define, secure, and perpetuate your charitable intentions.

Protecting Donor Intent: How to Define and Safeguard Your Philanthropic Principles

Protecting Donor Intent: How to Define and Safeguard Your Philanthropic Principles PDF Author: Jeffrey Cain
Publisher: The Philanthropy Roundtable
ISBN: 0985126523
Category : Reference
Languages : en
Pages : 72

Book Description
The need for this guidebook is clear. Donors have made large gifts to charitable causes only to have the funds eventually spent on purposes they never would have supported. All too often, the trustees and staff of grantmaking institutions drift from intended goals, lose accountability, or pay insufficient attention to the principles that governed their founders' charitable giving. In some cases, assets have been put to uses that would have repelled the original benefactors, turning a generous and well-intentioned gift into a punchline. This guidebook offers detailed guidance to philanthropists who want to ensure that the assets they dedicate to charity are disbursed as they intend. It identifies common pitfalls, explains relevant tradeoffs, and describes successful strategies used by other donors. It lays a broad range of options before you, and suggests ways you can define, secure, and perpetuate your charitable intentions.

Protecting Donor Intent

Protecting Donor Intent PDF Author: Jeffrey J. Cain
Publisher:
ISBN: 9780985126506
Category : Charitable uses, trusts, and foundations
Languages : en
Pages : 61

Book Description


Protecting Your Legacy

Protecting Your Legacy PDF Author: Joanne Florino
Publisher:
ISBN: 9780997852639
Category :
Languages : en
Pages :

Book Description
The importance of respecting donor intent is frequently mentioned in discussions of philanthropic practice, but often misinterpreted or given only lip service. Wise donors, though, know that energetically guarding their gifts and their mission is the only way to ensure the integrity and effectiveness of personal giving.This comprehensive, easy-to-read book outlines-with a clarity and authority never before achieved-all of the vital steps need to protect your giving legacy. It carefully avoids one-size-fits-all solutions, addresses the central matters in depth, and incorporates the wisdom of scores of donors, foundation leaders, and consultants who generously share their experiences, from horror stories to triumphs. No matter where you are in your philanthropic journey, you can take steps to avoid losing control of your charitable gifts. And you must. As this thorough and practical book demonstrates, there is a high likelihood of bitter disappointment if you don't act to enshrine your philathropic principles in careful codes, staff choices, governance rules, and management procedures. Study this guide to make sure the fruits of your hard work and generosity actually go to the causes you hold dear.

Debates in Charity Law

Debates in Charity Law PDF Author: John Picton
Publisher: Bloomsbury Publishing
ISBN: 1509926844
Category : Law
Languages : en
Pages : 481

Book Description
Charitable organisations occupy a central place in society across much of the world, accounting for billions of pounds in revenue. As society changes, so does the law which regulates nonprofit organisations. From independent schools to foodbanks, they occupy a broad policy space. Not immune to scandals, sometimes nonprofits are in the news for all the wrong reasons and so, when they are in the public eye, regulators must respond to high profile cases. In this book, a team of internationally recognised charity law experts offers a modern take on a fast-changing policy field. Through the concept of policy debates it moves the field forward, providing an important reference point for developing scholarship in charity law and policy. Each chapter explores a policy debate, setting out the fault-lines in play, and often offering proposals for reform. Two important themes are explored in this edited collection. First, there is a policy tension in charity law between its largely conservative history and the need to keep up-to-date with social change. This pressure is felt acutely along key fault-lines, such as the extent to which a body of law which developed before the advent of legislated human rights is able to adapt to a rights-based world, and the extent to which independent schools – historically so closely linked with charity – might deserve their generous tax-breaks. The second theme explores the law from the perspective of a good-faith regulator, concerned to maximise the usefulness of charities. From the need to reform old organisations, to the need to ensure that charities enjoy the right amount of regulatory freedom in a world of payment-by-result contracts, the book critically charts the policy justifications for regulatory intervention, as well as the costs that such intervention might bring. Debates in Charity Law will be of interest to both academic researchers and students of the non-profit sector, looking to understand the links between law, social change and regulation. It will also help and guide nonprofit employees and volunteers, showing how their sector is shaped and moulded by the law.

Transparency in Philanthropy: An Analysis of Accountability, Fallacy, and Volunteerism

Transparency in Philanthropy: An Analysis of Accountability, Fallacy, and Volunteerism PDF Author: John Tyler
Publisher: The Philanthropy Roundtable
ISBN: 0985126582
Category : Reference
Languages : en
Pages : 130

Book Description
Recent calls for more transparency in private philanthropy have increased the need for philanthropic organizations to carefully plan and think about what information they will release to the public and how they will do it. To help organizations answer these questions, The Philanthropy Roundtable has published a new book by noted legal scholar John Tyler, general counsel of the Ewing Marion Kauffman Foundation, titled Transparency in Philanthropy: An Analysis of Accountability, Fallacy, and Volunteerism. Philanthropic organizations are obligated to provide certain types of transparency—the types that are required by the federal tax system and by state laws aimed at maintaining the donor’s intent. But current heightened calls for more transparency are based on other rationales: Transparency is a good unto itself and more should be required of all institutions; more transparency is needed to further ensure that philanthropy serves “public purposes”; more transparency will counteract the “power asymmetry” between foundations and grantees; and more transparency is necessary to evaluate philanthropic effectiveness. In this book Tyler argues that none of these rationales justifies additional legally imposed philanthropic transparency, which is what advocates demand. Even though there is not much of a legal argument for requiring more philanthropic transparency, there are good arguments for organizations being transparent on a voluntary basis. This would be not a wholesale disclosure of information but measured transparency, undertaken in light of a foundation’s mission and the potential costs that would go along with that disclosure. John Tyler’s intent in Transparency in Philanthropy is to encourage philanthropies and nonprofits to plan their transparency strategy and to do so carefully and thoughtfully. “With increased calls for more transparency from philanthropic organizations, this book is a useful and timely resource to help organizations create and navigate their plans for transparency,” said Adam Meyerson, president of The Philanthropy Roundtable. “Every philanthropic organization should read this book and think about what might be worthy of consideration moving ahead in a world dominated by a growing appetite for information.” In an accompanying companion guide, Tyler poses questions to the reader that help an organization create a checklist of issues to consider when making their transparency plans. These questions include: • What kind of organization are you? What is your mission? How large is your board and who is on it? • How can your foundation benefit from disclosing more information? Do you feel a need to cultivate a better understanding of your activities in your community? • What costs and risks will you incur in disclosing more information? How much time and money can your organization devote to disclosing information to the public? Could the information unfairly harm the reputations of your grantees? • What benefits and costs do tools like an annual report, a full website with social media and other tools pose for publicizing information?

Putting Wealth to Work

Putting Wealth to Work PDF Author: Joel L. Fleishman
Publisher: PublicAffairs
ISBN: 1610395336
Category : Social Science
Languages : en
Pages : 409

Book Description
By 2025, Americans will likely be donating over half a trillion dollars annually to nonprofit organizations. Those philanthropic gifts will transform significant parts of America's civic sector landscape. Philanthropy is entering an era of unprecedented growth and innovation. Established foundations such as Ford and Rockefeller are doubling down on programs tackling long-simmering problems, including global inequality, less-than-stellar education, and uneven access to health care. Many foundations are engaging in advocacy on controversial issues, exploring venture philanthropy solutions, and experimenting with impact investing. And philanthropists such as Bill Gates, Warren Buffett, New York's high-profile financiers, and Silicon Valley's billionaires are planning to put their wealth to work as never before: Mark Zuckerberg and Priscilla Chan recently pledged to donate 99 percent of their Facebook shares during their lifetimes, and nearly 150 others have signed the Giving Pledge to increase dramatically their "giving while living." In Putting Wealth to Work, Joel L. Fleishman provides expert analysis of contemporary philanthropy, offering invaluable insight for those engaging with and affected by charitable foundations. This is the fascinating and definitive account of philanthropy today, and an indispensable guide to understanding its inner workings, impact, and expansive potential.

Wealth of Wisdom

Wealth of Wisdom PDF Author: Tom McCullough
Publisher: John Wiley & Sons
ISBN: 1119331536
Category : Business & Economics
Languages : en
Pages : 405

Book Description
A critical resource for families managing significant wealth Wealth of Wisdom offers essential guidance and tools to help high-net-worth families successfully manage significant wealth. By compiling the 50 most common questions surrounding protection and growth, this book provides a compendium of knowledge from experts around the globe and across disciplines. Deep insight and thoughtful answers put an end to uncertainty, and help lay to rest the issues you have been wrestling with for years; by divulging central lessons and explaining practical actions you can take today, this book gives you the critical information you need to make more informed decisions about your financial legacy. Vital charts, graphics, questionnaires, worksheets and other tools help you get organised, develop a strategy and take real control of your family's wealth, while case studies show how other families have handled the very dilemmas you may be facing today. Managing significant wealth is a complex affair, and navigating the financial world at that level involves making decisions that can have major ramifications — these are not decisions to make lightly. This book equips you to take positive action, be proactive and make the tough decisions to protect and grow your family's wealth. Ensure your personal and financial success and legacy Access insight and data from leading experts Adopt the most useful tools and strategies for wealth management Learn how other families have successfully navigated common dilemmas When your family's wealth is at stake, knowledge is critical — and uncertainty can be dangerous. Drawn from interactions with hundreds ofwealthy individuals and families, Wealth of Wisdom provides a definitive resource of practical solutions from the world's best financial minds.

Giving in Time

Giving in Time PDF Author: Ray Madoff
Publisher: Rowman & Littlefield
ISBN: 1538131781
Category : Social Science
Languages : en
Pages : 289

Book Description
Within the philanthropic sector, as never before, time is of the essence. That is, temporal considerations—questions of intergenerational ethics, of the merits of giving now versus giving later, of the benefits and perils of perpetuity—have gained greatly in prominence. Bringing together the most esteemed contemporary scholars of philanthropy, Giving in Time provides the first sustained analysis of the complex issues surrounding the temporal dimensions of voluntary giving. Incorporating the perspectives of political scientists, historians, legal scholars, and philosophers, the contributors tackle critical questions confronting a new generation of philanthropists in a way that will appeal to academics and practitioners. They take on questions such as: What are the historical and moral foundations for establishing perpetual foundations? What are the leading challenges to philanthropic perpetuity? What is the significance of the recent trend toward “Giving While Living,” the calls to give not through bequests but in one’s lifetime? What are the ethical arguments for giving now rather than giving later? What is a giver’s responsibility to his current moment in time versus his obligation to the future? How does the legal framework supporting and structuring philanthropic practice shape approaches toward giving in time? How should it?

Just Giving

Just Giving PDF Author: Rob Reich
Publisher: Princeton University Press
ISBN: 0691202273
Category : Philosophy
Languages : en
Pages : 258

Book Description
The troubling ethics and politics of philanthropy Is philanthropy, by its very nature, a threat to today’s democracy? Though we may laud wealthy individuals who give away their money for society’s benefit, Just Giving shows how such generosity not only isn’t the unassailable good we think it to be but might also undermine democratic values. Big philanthropy is often an exercise of power, the conversion of private assets into public influence. And it is a form of power that is largely unaccountable and lavishly tax-advantaged. Philanthropy currently fails democracy, but Rob Reich argues that it can be redeemed. Just Giving investigates the ethical and political dimensions of philanthropy and considers how giving might better support democratic values and promote justice.

The Forgotten Foundations of Fundraising

The Forgotten Foundations of Fundraising PDF Author: Jeremy Beer
Publisher: John Wiley & Sons
ISBN: 111954646X
Category : Business & Economics
Languages : en
Pages : 224

Book Description
An entertaining, informative, and eminently useful guide that draws on psychology, data, and real-world experience to explain what really drives successful fundraising. In The Forgotten Foundations of Fundraising, Jeremy Beer and Jeff Cain, cofounders of American Philanthropic, a leading consulting firm for nonprofit organizations, offer practical lessons and unconventional wisdom for both nonprofit leaders and novices in the art and science of raising money. Drawing upon a wealth of experience, deploying an army of anecdotes, and using eye-opening American Philanthropic survey data, the authors provide a brisk, irreverent, and supremely useful introduction to fundraising for charities and nonprofits. The book explains the hows and whys of a variety of fundraising techniques, from direct mail to planned giving programs. It explores the benefits and pitfalls of prospect research, the keys to donor retention, and the essential elements of a healthy nonprofit culture. It gives insightful advice on making personal meetings count, soliciting foundations, and training young fundraisers. And it does so with sprightly prose and sharp observations. You'll never read another fundraising book quite like this one. Expertly deflating the pretensions of those who would make fundraising a bureaucratic and esoteric profession, Beer and Cain elucidate the practical knowledge and relationship skills that still matter more than anything else. They make an impassioned plea for the importance of civil society to American democracy and build a compelling case for fundraising as an honorable component of a healthy civic culture. Philanthropy is not about bottom lines and return on investment—successful fundraisers provide a platform for donors to affirm their ideals, values, and morals. Fundraising is serious, but learning about it needn’t be a chore. The Forgotten Foundations of Fundraising is at once eminently practical and absolutely delightful.