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Philanthrocapitalism: Altruism or Greed?

Today, as in Andrew Carnegie’s time, the gap between the wealthy and the not so fortunate is creating societal unrest and there is deep skepticism over the intentions of the mega-rich 1% and corporate giving. Philanthrocapitalists are suspect when, like Carnegie and Rockefeller, they are perceived to have made their fortunes on the backs of the not so fortunate. Some corporations that are giving to “change the world” are accused of causing the very problems their giving aims to alleviate. ....Read More

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Preserve the Charitable Deduction From Income And Encourage A Future of Giving

The issue of taxes has been a topic of political debate for years. Mega foundations first appeared in the United States as a way for the super wealthy such as the Rockefellers and the Fords to avoid paying exorbitant amounts of taxes on their incomes. This, in turn, helped the nonprofit sector by providing a vast amount of wealth to the programs that the foundations supported and funded. Today, the nonprofit sector relies heavily on grants from foundations, governments and of course, the public. The ongoing concern is how nonprofits will continue to receive funds in the future and what changes (if any) to the tax policy will mean for the millions of nonprofit organizations in this sector. Will the next generation of givers be affected by any changes to the tax policy? We must do everything we can to encourage the next generation of givers. With growing global issues it is important, now more than ever, to instill philanthropy in our children and groom the next generation of donors. ....Read More

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Evaluation and Strategic Planning: The Pearls of Leadership

Great leaders are strategic thinkers who passionately advocate for a cause and build a community of supporters. They are recognized as leaders in their field because their strategic thinking skills, along with passion, yield a social return on investment. Great leaders evaluate trends and outcomes to determine how best “to do good things.” Great leaders consistently ask questions and seek answers. They gather and analyze data and frequently fine tune the resources and tasks required to fulfill the mission. These skills ensure that the board, finances and staff sustain the strategic direction of the organization. The assessments of staff, programs and boards are based upon the strategic plan. Everyone from the custodial engineer to the chair of the board has a clear sense of his or her purpose, how his or her role will be measured, how he or she will fulfill that role, and its impact on the mission and vision. ....Read More

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Grassroots Movement Education and Philanthropy

Public education is a matter of national concern, but few of us know the range of challenges facing our students. The problem is particularly acute in South Carolina where one in seven adults are illiterate – meaning almost 15% of the adults in the state cannot read. Additionally, South Carolina possesses the fourth lowest graduation rate in the U.S., with only about half of its students graduating from high school. Of those that do graduate, many can read at only a fourth grade level. ....Read More

If You Offer Us a Seat at the Table, We Will Pack the Room

For far too long younger generations had been overlooked as a viable source for philanthropic participation. So many of the ages from 25-40 are of the means to make a financial difference in the causes of various organizations. However, the issue for these donors has been getting a seat at the table. This generation wants to be involved. They are engaged donors who want to not only take part in the causes they fund but also have the desire to fundraise themselves. ....Read More

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