Most private foundations stick quite closely to their 5 percent payout requirement. And America’s largest are unlikely to give much more than the minimum.
From laws targeting fossil fuel protests to the crackdown on Stop Cop City activists, corporations are calling in militarized law enforcement to crush dissent.
The world Eisenhower warned about has materialized. We need more members of Congress to stand up to the arms industry and fight for social investments instead.
Private foundations are currently allowed to make grants to donor-advised funds, or DAFs, and to count those grants toward their charitable distribution requirement of 5 percent of their assets each year.
Why should lost billionaires get an international rescue effort while hundreds of refugees are left to die at sea?
IPS Executive Director Tope Folarin and Chuck Collins explore how can fiction shape new narratives for the future.
When ultra-wealthy donors dominate philanthropy, our charities are less resilient.
The budget deal was supposed to slow spending, but the most expensive federal agency didn’t get a budget cut — it got a raise.
Their bipartisan plan is a step forward, but regulators already have the power to crack down on Wall Street’s reckless bonus culture.
FDR put the kibosh on military contractor windfalls during World War II. We could do the same.
If the GOP cared about debt, they’d stop cutting rich people’s taxes and give the Pentagon a haircut. So what’s this really about?
Nearly two-thirds of the federal discretionary budget goes to militarized federal programs, leaving just over a third for our communities — a sliver some lawmakers want to cut even further.
The debt ceiling is an arcane artifice without a real connection to the economy. But how well we invest in our families and workers directly relates to it.
A slate of new bills signed by Florida’s billionaire-friendly governor will make it harder for public sector unions to collect dues, worsening the state’s teacher shortage and public school funding.
This expensive, carbon-intensive form of travel is bad for both the earth and the taxpayers who subsidize it for the ultra-rich.