At 65, Americans are shifting their focus from accumulating to giving of time and resources. It seems like a natural progression: after living for more than six decades, there’s a greater understanding of what matters. The generosity of the 50 million Americans over 65 may be in part because of…
Today, with smaller families and more women choosing not to have children, “the dynamic has changed pretty significantly for the generation of baby boomers. The option of doing something charitably significant with their estates is a change,” he said. The New York Times recently touched on the subject of estate…
Picking the right charity can be so complicated that it makes picking stocks look easy. When you give to charity, do you ever wonder if your donation is really going where it's intended? Or if your gift is doing the work you intended? If you are wrestling with these and…
[Donor-advised funds] promise a number of advantages over foundations, such as lower annual costs, more privacy and no required minimum payout each year. A big difference between the two is control. Running a charitable foundation can be richly rewarding, yet exhausting. Now there is a popular alternative to a full…
About 50 years ago, only 5% of the total assets of America's largest 50 foundations were held by spend-downs. In 2010, that number had risen to 24%, according to Bridgespan Group in Boston. Today's charitable foundations seem to be shifting from maintenance for longevity to spending down and winding up.…
Giving back is about linking passion with action, and it does not have to be complex—but it does have to be well thought out to be effective. As many well-to-do but generous Americans can attest, your philanthropy can do more than just help the cause or causes important to you.…