
A Self-Tax for the Common Good
Taxpayers are subsidizing donors who retain control of their wealth instead of sharing it through philanthropy.
Taxpayers are subsidizing donors who retain control of their wealth instead of sharing it through philanthropy.
Publishers of donor-advised fund data are including hundreds of thousands of workplace giving accounts in their averages. That skews the picture.
Americans are their most charitable at year’s end. But even on Giving Tuesday, billionaire donors crowd out the impact of small-dollar gifts.
The giving estimates behind the scores include some outlays from private foundations that shouldn’t actually count as charitable giving.
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
Concerns about warehousing charity dollars and tax subsidies for wealthy donors and perpetual foundations transcend partisan divide.
Watch this stunning time lapse illustration of the rise of donor-advised funds (DAFs) as the largest recipients of charitable gifts.
A new research database reveals that many donor-advised fund donations take years to make it to the coffers of operating nonprofits.
Charitable giving has become a taxpayer-subsidized extension of private power and influence for the wealthiest people in the country. It’s time to fix that.
DAFs have been used to transform philanthropy into a taxpayer-subsidized extension of private power and influence for the wealthy.
Our wealthiest give away only a fraction of what they could easily afford to give.