Donor Advised Funds Were Up Almost 300 Percent This Decade. Why?
By Eileen Heisman As we prepare to say goodbye to the 2010s, I have been reflecting on the past decade in donor advised funds (DAFs). There are some important truths that fuel charitable giving, including DAFs, and that have remained the same for a long time: Americans are generous and donors want to stay close to their […]
America’s CEOs Seek a New Purpose for the Corporation
By Alan Murray August 19, 2019 For Milton Friedman, it was simple. “There is one and only one social responsibility of business,” the Nobel economist wrote in 1970: to “engage in activities designed to increase its profits.” Companies must obey the law. But beyond that, their job is to make money for shareholders. And Friedman’s view […]
East Asia’s Young Rich Redefine the Concept of Legacy
Originally published in The Business Times TUE, JUL 02, 2019 – 5:50 AM FOR a millennia, Asia’s thinking about legacy has been framed by the Confucian ideals of family. This is changing. A new HSBC commissioned report by The Economist on high-net-worth individuals – defined as people with more than US$1 million in liquid assets […]
Rhinos Come to the Bond Market, and Other Species May Follow
Rhino impact bond tests new financing model for wildlife conservation.
International granting: 6 answers to questions you didn’t know you had
By Joanne Chen Youn I recently returned from a trip to the Middle East and Asia with TrustBridge Global, a network of foundations with member offices around the world. As I met with potential givers, many of them had questions about international granting. You may too. Despite the recent proliferation of quantitative and qualitative data […]
Supporting Better Choices: The best efforts against poverty reinforce what people are doing right
The best efforts against poverty reinforce what people are doing right By Ryan Streeter Do you know why most people are poor, and what would make them better off? Mauricio Miller is pretty sure you do not. In The Alternative: Most of What You Believe About Poverty Is Wrong, he argues that people involved in […]
Happiness From Being Generous Has a Neural Basis Within the Brain – Seeker
In a study on the psychology of giving, MRI scans revealed that an area of the brain linked to generosity triggered a response in another part related to happiness. What inspires humans to display acts of generosity? Economists, psychologists and philosophers have pondered this question for millennia. If one assumes that human behavior is primarily […]
Tobias Merckle: Champion of second chances
A philanthropist reshaping justice, community, and generosity across Germany.