philanthropy news

Charity regulators should not assume that donors always know best

The Conversation: Donors play a critical role supporting Australian charities, but we should not attribute them with more knowledge than they actually have.

The millennials donating 10% of their pay to save the world

The Guardian: Meet the young high-income earners who have chosen to regularly donate part of their salary to charitable causes.

Why You Should Give Your Kids A Budget For Gift-Giving

Lifehacker: You’re never to young to start giving. Setting aside part of your kids’ pocket money for charitable donations is a great way to teach them about generosity.

Do Australians give enough at Christmas?

SBS: While there are fewer Australians donating to charity, those who do are giving more.

Strengthening Donor-Nonprofit Partnerships

Stanford Social Innovation Review: Five relationship imbalances that cause tension and reduce social impact—and how to address them.

Aussies donate $1.6m each day, data shows

News.com.au: New data from the Commonwealth Bank shows Australians gave $590 million to charity in the past 12 months, with the most money donated in June and May.

Newcastle Permanent Charitable Foundation gives $780,000 to community projects in fresh round of grants

The Newcastle Herald: Donations from the Newcastle Permanent Charitable Foundation are set to exceed a total of $17.5 million after they announced another 16 groups to share in $780,000 worth of funding.

Is It Unethical for People to Pass Their Wealth On to Their Children?

The Atlantic: Author Martha Nussbaum and law professor Saul Levmore discuss the ethics of what people do with their wealth when they die, and how they could arrange for it to be dispersed.

A Mismatch in Philanthropic Interest and Support

Stanford Social Innovation Review: Donors say that organisational governance and competence are critical factors in determining where their grants flow. So why aren’t they putting their money where their mouths are?

Largest intergenerational wealth transfer to come

AFR: We are on the verge of the largest intergenerational wealth transfer in history. “What is common in almost all successful intergenerational wealth transfers, is the importance of a conversation – an early conversation. It can never be too early.”

Strong urge to give to others among the wealthy

AFR: The number of Australia’s high net worth individuals has almost doubled over the last decade and of those who have a will, nearly 36 per cent have included a charitable bequest compared with just 7.4 per cent of everyday Australians.

What Colin Kaepernick’s Philanthropy Tells Us About His Vision for Social Change in America

Sports Illustrated: Yes, the Quaterback took a stand by kneeling. But just as important: He pledged $1 million to issues that drove him to protest. Here’s a close examination of where that money is going and what it tells us about Kaepernick.

Australians making fewer donations to charity, report finds

The Age: Australians are making fewer donations to charity, despite ranking as the sixth most generous nation in the world. The Australian Charities Report 2016, released on Wednesday, shows charities are relying more on membership fees and user-pays services for income.

Network Power: Giving Circles Are on the Rise and Engaging New Voices

Inside Philanthropy: A new study on giving circles shows the networks have tripled in the last decade, and they’re including people often left out of institutional philanthropy. America’s biggest foundation is cheering on this trend.

‘Chilling effect’: Charities slam foreign donations ban

The Sydney Morning Herald: Household-name charities receiving overseas funding would be prevented from advocating for social and environmental causes if their activity is deemed political, under a Turnbull government plan.

UK philanthropists have given £15bn to charities. It should be more

The Guardian: More charities and less public funding means philanthropy is a growing lifeline. Much can be learned from the US, where $358bn is collected annually.

Girl Effect’s Army Of Young Researchers Is Helping Discover What Solutions Help Girls The Most

Fast Company: For cause groups, the best way to figure out what problems need solving is to ask the people on the ground.

George Soros and the Demonization of Philanthropy

The Atlantic: Conspiracy theories about him obscure the real concerns about how large-scale giving works today.

This Giving Platform Lets Kids Donate To Other Kids

Fast Company: Daymaker wants to give young people a chance to experience the power of philanthropy (with their parents money, of course).

Donor-Advised Funds Are Catching Up To Foundations As The Most Powerful Givers

Fast Company: The charitable vehicles–that lets individuals invest money for future giving–are paying out major gifts.

Why We Need Philanthropy Champions

Pro Bono News: We need more visionary Australians who are prepared to join the impact movement by using their private wealth for public good, writes Philanthropy Australia Council president Alan Schwartz, coinciding with the launch of Philanthropy Champions.

Brisbane Broncos score $3 million gift from philanthropist Clive Berghofer

Courier Mail: Queensland’s most generous philanthropist Clive Berghofer opened his wallet again yesterday, with a $3 million gift to the Brisbane Broncos rugby league club.

How social enterprises are building a more inclusive Australian economy

The Conversation: Social enterprises employ twice the rates of Australians with disability and female managers as mainstream small businesses.

Natalia Vodianova on Making Philanthropy Modern

Business of Fashion: “From founding the Naked Heart Foundation to Elbi, the global philanthropy app for millennials, to her work as a member of the board of directors for the Special Olympics and her advocacy for the full implementation on the UN convention on the rights for persons with disabilities, Natalia has earned a global reputation as a philanthropist, digital evangelist, campaigner and fundraiser.”

Accessing PAFs: six rules of engagement

SVA: Fiona Higgins from Australian Philanthropic Services illuminates the realities of private ancillary funds (PAFs) and what it takes to position your organisation for that serendipitous alignment.

20 New Works of Fiction with Social Impact

Aspen Institute: Aspen Words announced the longlist for the inaugural Aspen Words Literary Prize, a $35,000 annual award for a work of fiction with social impact. The 20 longlisted titles include 12 novels and eight short story collections, and cover a variety of pressing issues—from immigration and inequality, to climate change, mental illness, incarceration, and cultural identity.

Power to the Readers: A Muckraking Startup Bets on Small Donors

Inside Philanthropy: As journalism scrambles for better financial footing, a new site called Tarbell is betting on crowdfunding to support its investigative reports. The nonprofit still relies on some foundation funding, at least for now.

A Rockefeller’s lessons in philanthropy

Herald Tribune: Patience and clarity – wisdom of the the late philanthropist, ahead of the auction of his collection that will fund pledges he made more than a decade ago to a dozen institutions.

Shifting Philanthropy to a Justice-Minded Approach

Stanford Social Innovation Review: The importance of shifting the philanthropic sector’s framework from one grounded in traditional notions of charity to one centered on justice and addressing economic, social, and political inequalities holistically.

How Melinda Gates went from ‘behind the scenes’ to fronting the Gates Foundation

CNBC: As Melinda got more involved in foundation work, she realised that in order to represent the voices of women worldwide, she had to use her own voice.

Charities are asking interns to work 252 hours unpaid. That’s a scandal

The Guardian: Internships are not volunteering opportunities and charities do not have a universal right to unpaid talent. There are many more moral solutions.

Women More Generous than Men

New Zealand Herald: Women not only give more than men, they feel happier about doing so.

Social Enterprise Hireup is Australia’s Fastest Growing Tech Company

ARN: The online platform that lets people with a disability find, hire and manage their own home care and support workers had a record 7,713 per cent growth.

New ACNC Head Expected By End Of Year As Rumours Swirl

Pro Bono News: An announcement on the new commissioner of the Australian Charities and Not-for-profits Commission (ACNC) is expected before the end of the year, but concerns have been raised around the appointment process as rumours swirl about who could take over.

The ‘wild richness of American philanthropy’ is a marvel

The Boston Globe: Historic treasures, houses of worship, innumerable public libraries, vast swaths of national parks, great astronomical observatories, cutting-edge medical facilities, art museums and orchestras, entire scientific disciplines, and some of the nation’s most enlightened causes exist because of philanthropy.

Australia is a Cohesive Nation But Less Resilient Than a Decade Ago

Pro Bono News: Australians are continuing to embrace immigration and cultural diversity however racism is on the rise and there is a lack of trust in the political system, according to the Scanlon Foundation’s latest Mapping Social Cohesion Report.

World’s biggest wealth fund turns its attention to fashion and child labour

The Independent: Norway’s $1 trillion sovereign wealth fund looks to bring together the world’s top fashion labels in tackling child exploitation.

Sexual Harassment Is Common In the Fundraising World—And Often Goes Unpunished

Inside Philanthropy: Recent headlines increasingly report on powerful men, including broadcast journalist Charlie Rose, who have been forced out of lucrative jobs after sexual harassment offenses. But all too often, Inside Philanthropy has found, charity donors, trustees and nonprofit executives sexually harass the fundraisers at their organisations with impunity.

Learning by giving: How today’s students can become tomorrow’s philanthropists

The Conversation: We are professors who teach and do research about philanthropy, the practice of expressing generosity by giving away money and in some cases time. We see our job as motivating and preparing college and graduate students to become future leaders of nonprofit organisations or donors with good ideas about how to make a difference – starting right now.

Phase One: Agnes Gund’s $100 Million Art for Justice Fund Takes Shape

Inside Philanthropy: In June, the Ford Foundation, Rockefeller Philanthropy Advisors, and collector and philanthropist Agnes Gund launched the $100 million Art for Justice Fund with funding from Gund’s sale of Roy Lichtenstein’s “Masterpiece.”

Mining industry body retreats from hardline stance on charities

The Guardian: Minerals Council pulls previous support for policies limiting advocacy by environmental charities.

Q&A: Ex-Giving Pledge Director of Olivia Leland on her mission to make philanthropy do more

Devex: Since leaving the Giving Pledge — the elite network of billionaires who commit to giving away half their wealth — Founding Director Olivia Leland has been conducting research on how to make philanthropy more effective.

Charity coalition hits back over election advocacy restrictions

The Guardian: Twenty-five Australian charities who champion a wide variety of causes from health research to environmental protection are initiating a united campaign to fend off government attempts to limit their ability to engage in advocacy.

Why More Philanthropists Are Giving Before They Die

The Atlantic: The trend is a departure from the traditional model of donation—and could affect how large sums of money are put to use.

How big a donation allows you a say in running the world?

AFR: In a matter of years, a new crop of ultra wealthy Americans has eclipsed the old guard of philanthropic titans. With names like Soros, Gates, Bloomberg, Mercer, Koch and Zuckerberg, these new mega-donors are upending long-established norms in the staid world of big philanthropy.

R-E-S-P-E-C-T: Respect In Philanthropy

Forbes: Six simple strategies donors use to create their best legacy.

Philanthropy at the Core of Scooter Braun’s Business

Variety: Scooter Braun helps steer the careers of some of today’s top stars as manager to Justin Bieber, Ariana Grande, Kanye West, Tori Kelly and more, but despite the glamour his celebrity clientele carries, philanthropy is a cornerstone of his company SB Projects’ philosophy.

Sustainable investment joins the mainstream

The Economist: Millennials are coming into money and want to invest it responsibly.

LGBTQ Philanthropy is Growing Yet Under Attack

Pro Bono News: LGBTQ philanthropy in Australia should expect to face new battlegrounds after marriage equality is passed, according to US philanthropist, activist and researcher Dr Jason Franklin.

Australian Trust in Charities Still High But Dropping: New ACNC Report

Pro Bono News: A new report published by the Australian Charities and Not-for-profits Commission (ACNC) shows that public trust and confidence in charities remains strong but has dropped slightly since a 2015 survey.

Because money alone cannot change systems, these billionaires are trying something new

Devex: Six of the world’s biggest philanthropists are setting their sights on large-scale, long-term impact with a new $500 million philanthropic venture. But can this collaboration bring more to the table than money?

What does a post-subsidy world mean for creativity in the arts?

Audrey: Nick Schlieper delivers a sobering assessment of the state of play in the 2017 Philip Parsons Lecture.

The Power of Giving Circles: Rocket Fuel for the Future of Philanthropy

HuffPost: The impact of the model is profound, both on the nonprofit organizations that receive increasingly scarce funding but also in the lives of the groups’ individual members.

What is the impact of ‘impact investing’?

The Conversation: Impact investors have already funded many significant social and environmental programs in Australia.

Philanthropist Susan Alberti AC Named Melburnian of the Year

Pro Bono News: High profile philanthropist, fundraiser, businesswoman and football fanatic Dr Susan Alberti AC has been crowned the 2017 Melburnian of the Year.

Scott Morrison endorses social impact investing

AFR: The notion of using capital markets and private investors to help solve social problems – while still making a decent financial return – is gradually moving from the fringes to become a mainstream movement.

The philanthropy data gap: measuring what matters

Financial Times: Rigorous evaluations such as randomised controlled trials are worth the cost.

Philanthropy can reduce inequality

Sunday Independent: But in a democracy, big corporate and wealthy individual philanthropists must also be publicly scrutinised. This will improve the impact of their philanthropy.

How to discuss philanthropy with wealthy clients

Investment News: It’s about asking the right questions, not wowing them with answers.

To prevent climate-related disasters, invest differently

Salon: Social investing is a trillion-dollar trend most people have never heard of.

Universities line up for new $3 billion Ramsay Centre for Western Civilisation

The Sydney Morning Herald: In the biggest philanthropic gift in the history of education in Australia, as many as 10 NSW universities are vying for the chance to offer a new western civilisation degree to be completely funded as part of a $3 billion bequest from health care magnate Paul Ramsay.

Giving circles effectively engage all types of donors, new study finds

PRNewswire: A new report from leading researchers on charitable giving explores how this growing trend in collective giving is fostering diversity in philanthropy.

How Philanthropy Programs Can Attract—and Keep—Young Employees

Fortune: Corporate philanthropy programs can help a firm attract and keep talented young professionals, according to experts in the field.

Billionaire donors agree to pool philanthropic resources

Financial Times: Several of the billionaire philanthropists who signed Bill Gates and Warren Buffett’s “Giving Pledge”, in which they promise to devote at least half of their fortune to charity, have agreed to pool some of their resources and develop new ideas for giving their money away.

Inside the Minds of Wealthy Donors

Inside Philanthropy: Top donors are mainly guided by their relationships and instincts as opposed to research or metrics. These are among the findings of a new must-read study about this elite group.

Philanthropy’s bid to ensure medical research funds safe and Sohn

The Australian: Philanthropic donations will play an increasing role in funding medical research in Australia, according to Bob Graham, executive director of the Victor Chang Cardiac Research Institute

New CEO of Impact Investment Group Says Sector is Thriving

Pro Bono News: The impact investment scene in Australia is thriving, according to Daniel Madhavan, who has been appointed the new CEO of leading Australian impact fund manager, Impact Investment Group (IIG).

The Impact of Investing in philanthropy

Bloomberg: Jean Case, a philanthropist, investor and pioneer in the world of interactive technologies.

Forming a Picture of the New Philanthropist

The New York Times: What makes a philanthropist? The attributes are many, a new study shows

The new form of collective giving, changing philanthropy in Australia

Lateline: Making major donations to worthwhile causes is no longer just for the wealthy. In giving circles, members come together and pool their money, then vote to decide how the funds will be spent. Emily Stewart looks at one group in Melbourne which supports enterprises helping women and children.

Funders: Come In Early, Stay Late

Stanford Social Innovation Review: How unrestricted, early-stage funding can help nonprofits and social enterprises scale quickly and scale strong.

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