Category: Opinion

University endowments give more to equity fund managers than students

Universities spend more to sustain endowments than reduce tuition; fund managers benefit more than students from university endowments. “WHO do you think received more cash from Yale’s endowment last year: Yale students, or the private equity fund managers hired to invest the university’s money?… MORE >>

Clinton college plan no good for charity

Clinton’s proposal on college tuition is bad for good charity; it will divert charitable funding away from traditional recipients of much needed help. “In response to presidential candidate Hillary Clinton’s college tuition plan, which would limit the value of the charitable deduction for gifts made by some taxpayers, Andrew Watt, the president of the Association of Fundraising Professionals (AFP), released the following statement: “‘Hillary Clinton has proposed a plan to reduce the cost of college tuition and alleviate student debt burdens by capping itemized deductions, including charitable deductions, at 28 percent for certain families and individuals.… MORE >>

Liberal arts teach us to marvel

The liberal arts do not make us more humane or well rounded, whatever that means, but opens a mind to contemplate justice, argues John Agresto. “Still, it’s not simply the high cost of higher education, or their supposed uselessness, that has buried today’s liberal arts.… MORE >>

Poverty fight dismissed by techies, research AI to save lives

At Effective Altruism Global, high level techies argue that studying artificial intelligence will save more lives in the future than fighting poverty now. “The number of future humans who will never exist if humans go extinct is so great that reducing the risk of extinction by 0.00000000000000001 percent can be expected to save 100 billion more lives than, say, preventing the genocide of 1 billion people.… MORE >>

Clarity in charity through scholarships

Giving to scholarships is a strong way to help individuals find employment; it can have long term, generational benefits, argues Chris McLeod. “Conversations about impact and measurable outcomes are common today among grant-makers and donors.… MORE >>

Millennials prefer local and specific charity

John Doyle offers 8 points about the charitable mindset of millennials, with the interesting trend to more specific local giving. “It’s about your cause, not your organization.… MORE >>

Particularity

Small, concentrated, and one by one: How churches might best effect economic development and flourishing, right where they are. “Economic development, for those who might not be familiar with the term, is ‘the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area.’ (Wikipedia) This idea that churches should be doing this kind of work resonated with me, as Englewood Christian Church, my church on the urban Near Eastside of Indianapolis, has been engaged in economic development for over a decade.… MORE >>

All hail the dawning new age of philanthropy

“Progress is being made” on “world’s most intractable problems”: Kofi Annan discussed “new age of philanthropy,” and he’s either a real optimist or a real suck up.… MORE >>

And still more future predictions

Are we headed for a world where fundraisers will be obsolete? British consultant Nick Mason made a bold prediction at recent Institute of Fundraising convention. “Fundraisers will be out of jobs in 25 years’ time as donors take control of their own charitable giving portfolios, according to Nick Mason, former head of fundraising strategy and development at the RNIB.” — Susannah Birkhead, ThirdSector.co.uk… MORE >>

Quiescence

Why aren’t the poor in revolt? Rick Cohen wonders if “philanthropy work[s] against collective action” that might effect social change. “[A] more intriguing explanation of the quiescent poor is [NY Times op-ed contributor Thomas] Edsall’s observation that since [Hubert] Humphrey’s remark in the 1960s, there has been little public support for collective action and class-based solidarity….… MORE >>

(c) All rights reserved, American Philanthropic 2015