While megadonor gifts are celebrated, the growing dominance of large donors speaks to an erosion of democratic values. This must be addressed now.
The Institute for Policy Studies’ new report, Gilded Giving 2022, shows the risks of increasingly concentrated philanthropic power.
Our nation’s charitable system is in danger of becoming a taxpayer-subsidized platform of private power for the ultra-wealthy.
Giving USA 2022 is the gold-standard report on charitable giving in the United States. But this year’s story glosses over two important pieces of long-term context: what has happened to the giving capacity of typical Americans, and where much of the charitable giving has actually gone.
Concerns about Warehousing Charity Dollars and Tax Subsidies for Wealthy Donors and Perpetual Foundations Transcend Partisan Divide