A new Supreme Court decision enables billionaires to anonymously weaponize their philanthropy.
New Report: Two-fifths of the Private Foundations of America’s Wealthiest Families Paid out Less than Required in 2018
Together 50 families hold about half of the wealth of the bottom half of all U.S.households, an estimated 65 million families, and their wealth grew at ten times the rate of ordinary families during the last 40 years.
Critics of Donor-Advised Funds, or DAFs, have long argued that they starve nonprofits of much-needed funds by “warehousing” charitable donations.
We can’t buy happiness, but greater equality could make it more likely.
Make no mistake: this pandemic is the “rainy day” DAFs and foundations have been saving for.
The wealthier the donor, the bigger the taxpayer subsidy.
The mandate would also have both a positive fiscal impact and give a $200 billion boost to active charities.
MacKenzie Scott’s Bold and Direct Giving Puts Shame to the Billionaire Class and Their Perpetual Private Foundations.
The billionaire philanthropist continues to defy the charitable norms of the 1 percent.
The Maryland-based initiative targets people who have historically helped to build the wealth of this society but had no real participation in that wealth.
Shared ownership is crucial for building the power of communities that have long had their wealth extracted by others.
Donald Trump’s Abuse of the Conservation Easement Tax Loophole Shows How the Tax Code Favors the Ultra Rich
How to ‘donate’ land to a charity, but keep it for your own exclusive use.
We need a movement to democratize philanthropy — and the concentrated wealth that increasingly defines it.
The Giving Pledgers set out to give away half of their wealth. Ten years later, their assets doubled. How do we break this pattern?
Billionaires get huge tax breaks to park money in private family foundations operated by wealthy heirs. Little goes to actual charity work
The Perils and Possibilities of Billionaire Charitable Giving: MacKenzie Scott (Bezos) Makes Her First Move
Philanthropy is at risk of becoming another extension of the private power of plutocrats, alongside monopoly ownership and media domination.