Stop giving funders tax breaks for high salaries, fancy offices
To ensure foundations contribute more to charity, Congress should target expenses—not just the payout rate.
To ensure foundations contribute more to charity, Congress should target expenses—not just the payout rate.
Just one barrier stands in the way of a payout increase: Conservatives’ fear that an increase in foundation giving would largely fund election-adjacent projects and groups promoting progressive causes, instead of just funding programs that provide services to communities in need.
A modest 1 or 2 percent increase could significantly benefit the nonprofit sector.
Wealthy foundations and nonprofits need to change their ways—not scare the rest of the field into submission.
To some, a “parade of horribles,” or a “slippery slope;” to others, a “menu of options.”
And argues for charity reform.
As her memoir is released, the Holocaust survivor and philanthropy professional talks to Daniel P. Schmidt and Michael E. Hartmann about philanthropy and education reform, the need for reform of philanthropy itself, and the benefits of a universal basic income.
A letter to the editor of The Chronicle of Philanthropy.