RE: Philanthropy Blog

John Cochrane

What does revolutionary change look like? That question was at the heart of Confluence Philanthropy’s 2015 Practitioners’ Gathering. In the world of investment advisors and Wall Street finance, a revolution can start with two words: “Sell it.”

Lorne Steedley

It comes as no surprise that the Unites States is experiencing a dramatic population increase. What will surprise many is the Southeastern region is witnessing the bulk that population growth. The State of Georgia ranks 8th in the nation for foreign born residents. Within the 20-county Atlanta region, 13% of the population is foreign born.

Humble. If there were one word that ought to drive philanthropists, that’s it. I am not saying it is always a word that does drive us. I am saying it ought to be.

Low-income families typically have few options for emergency cash, forcing many to rely on high-cost payday loans for unexpected financial needs. But these loans, which are disproportionately marketed to low-income and minority communities, lead to repeated cash shortages that drive consumers to take out successive payday loans, trapping them in vicious cycles of debt.

Sophia Guevara recently had the opportunity to interview Emily Kessler, the interim director of Emerging Practitioners in Philanthropy. In this interview, Emily shares how she got her start in philanthropy and what she is hoping to do to help emerging professionals and increase the value of an EPIP membership.

Economic development is at the center of the Maine Community Foundation’s strategic priorities. We believe greater access to lower cost capital will allow entrepreneurs and innovators from both the nonprofit and for-profit world to grow enterprises and expand projects that build off our natural assets, revitalize our downtowns, and strengthen our economy.

Last week more than 200 foundation leaders, policymakers, academics, entrepreneurs, and experts came together at George Washington University (GWU) for an invitation-only gathering to advance the development of what many call the “fourth sector”—for-benefit organizations that primarily pursue social or environmental aims, while raising a substantial proportion of their revenue through earned income or commercial activities. The Federal Reserve Board, the University’s Trachtenberg School of Public Policy, the Urban Institute, and The B Team convened the event.

Americans donated an estimated $335 billion to charitable causes, and foundations an estimated $50 billion in 2013 according to Giving USA. These numbers validate President John F. Kennedy’s notion that philanthropy is “a jewel of an American tradition.”

Last week, the Milstein Commission, a national initiative co-chaired by Steve Case and Carly Fiorina, released a report, Can Startups Save the American Dream? The report highlighted over how the past quarter-century, startups and small businesses accounted for 65% of net job creation, yet today, job creation among startups is at its lowest point since 1980.

As my boss and Blackbaud CEO Mike Gianoni noted, “#GivingTuesday has gone from a simple idea to become a genuine global phenomenon.” The unofficial start to the end-of-year giving season once again kicked off this #GivingTuesday, December 2nd 2014, and with #UNselfies shared and charitable gifts made, giving is in full-swing.