Giving USA Foundation has released its highly anticipated annual report on giving—perhaps the most eagerly awaited report ever as those in the nonprofit industry waited to see how the events of 2020 would impact philanthropy. Facing a worldwide pandemic, economic shutdown, social injustices, and a tense Presidential election, Americans came together to support the greater
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President Joe Biden’s proposed tax changes could impact high-net-worth individuals and their charitable giving choices. While the proposals include increasing the top rate on taxpayers making more than $400,000 and increasing capital gains and dividend tax rates for taxpayers earning more than $1 million annually, these changes have the potential to spur charitable giving by
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Regardless of where a Board of Trustees is in its “life cycle” (for instance, a start-up board looks very different from a mature, 20-year+ Board with multiple programs and facets), functional committees become a key ingredient of the ongoing capacity building efforts of the organization. Indeed, as board authority BoardSource notes in Governance as Leadership,
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