For more than a century, donors have pooled their resources to create change through community foundations and organizations like United Way Worldwide, immigrant mutual aid societies, and faith-based giving circles.
Charities feared that the 2017 tax law would lead to a drop in charitable giving by individuals. The chief reason: the doubling of the standard deduction would mean it wouldn’t pay for many to itemize on their 2018 tax returns, and without a charitable contribution deduction, they’d be less inclined to give.
To truly do justice to the position, the leader of a foundation should not only be able to articulate a vision, inspire confidence, and exemplify other classic qualities of leadership, s/he should also have the strength of character to manifest the unique values that characterize philanthropy at its best.
Supporting and strengthening small business owners can help increase economic opportunity in communities of color, building family and community wealth.
Four successful strategies to mitigate the effects of a restrictive funding policy that the Trump administration reinstated.
