Top Charities Saw Big Gains in 2016

The Chronicle of Philanthropy just released their latest ranking of America’s most successful charities with regard to fundraising.  Here’s the top five members of the 2016 Philanthropy 400: Fidelity Charitable Gift Fund ($4 billion raised) The United Way ($3.5 billion raised) Goldman Sachs Philanthropy Fund ($3.2 billion raised) Task Force for Global Health ($3.2 billion raised) Feeding America ($2.4 billion raised) A few items of interest: Of the top ten fundraising juggernauts, four of them are donor advised funds set up by financial advising firms.  In fact, donor advised funds had the largest growth curve (+106%) in 2016. Religious based organizations have two spots in the top ten with the Salvation Army and the National Christian Foundation clocking in at #7 and #8...
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A Strong Finish for 2017

The Chronicle of Philanthropy just reported that nearly six in ten nonprofits saw giving jump in the first six months of 2017 when compared to 2016. 23% of nonprofits reported that donations were flat, while 20% saw a decrease in giving to their organization. Typically, mid-year studies of giving tend to give a good picture of what will happen in the second half of the calendar year.   In 2016, mid-year giving was up 49%, but year end giving was up 60%. This is good news for the third and fourth quarters of 2017.  Expect strong year end giving as we head into the holiday season....
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How Does Your Giving Compare to America’s Richest Donors?

The Chronicle of Philanthropy recently took the list of America’s top ten wealthiest people and compared it to their giving.  Here are the top five: Bill Gates Net worth: $81 billion.  Wealth directed to charity: 22% Warren Buffett: Net worth: $65 billion.  Wealth directed to charity: 71% Michael Bloomberg: Net worth: $45 billion.  Wealth directed to charity: 10% Sergey Brin: New worth: $37 billion.  Wealth directed to charity: 6% Larry Page: Net worth: $38 billion.  Wealth directed to charity: 4% How does their giving compare to yours?  ...
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