In this uplifting talk, Katherine Fulton describes the new philanthropy — one where collaboration and innovation allow regular people to do big things, even when money is scarce.
A little long, totally worth it.
Reposted from TED.com.
In this uplifting talk, Katherine Fulton describes the new philanthropy — one where collaboration and innovation allow regular people to do big things, even when money is scarce.
A little long, totally worth it.
Reposted from TED.com.
First Lady Michelle Obama is calling all Americans (that’s you) to join United We Serve and volunteer this summer to be part of building a new foundation for America, one community at a time.
The program is led by the Corporation for National and Community Service, which sounds a little Orwellian but is actually a federal agency dedicated to fostering community service across the country.
Find a volunteer opportunity in your ‘hood at serve.gov.
In absolute numbers, the U.S. gives by far the most money in Official Development Assistance (ODA) – in 2008 it was nearly twice that of the next biggest donor, Germany. Compared to how much money we have, however, the U.S. actually gives the least of any developed country. Does this mean Americans are the least generous people of all the nations of the industrialized world? Hardly. ODA is just foreign aid give by governments under the watch of the OECD (Organization for Economic Co-operation and Development). It doesn’t take into account private contributions from individuals, foundations, and other institutions.
American people, foundations, and institutions send more money and aid abroad than private citizens and organizations in any other developed country in the world by far. Why? It might be easier to understand by examining why people in other countries give less. In Europe – where most of our fellow developed countries are located – there are tons of big social programs based on the philosophy that the government should take care of the poor and other issues that Americans generally think should be taken care of by private individuals, religious organizations, and stuff like that. In order to pay for these big social programs, these countries have equally big taxes. Even more so, the U.S. gives tax breaks to people who give to charity – almost paying you to give money away.
Living under the assumption that the government should pay for all social ills, and having less money to give away because of higher taxes isn’t a recipe for huge private donations.
A family foundation is a private organization whose funding comes from one single family.
This write-up demonstrates an important economic and life lesson: actions with even the best intentions can have unintended consequences, so we need to really think about all the consequences and the people whom we might affect.
“For the permit certification, a guy just comes to your office and you just pay him off. This is how it works.” – Ong Kee Chau, former executive at Wilmar International Ltd.
A 501(c)(3) is a religious, literary, charitable, educational, or scientific nonprofit organization that is exempt from paying certain taxes. The name refers to the specific section of tax law that allows this.
It isn’t wise to trust a stranger with anything of value, and charities are no exception. The most basic way to investigate a charity’s legitimacy is to research it–by checking the Internet, looking for mentions of your chosen organization in the news, asking for pamphlets detailing the charity’s purpose and goals, and so on. In addition, there are several web sites where you can check a charity’s legitimacy (or even just how well it’s putting donations to use).
If the organization doesn’t make its purpose clear or tell you what the money you give is actually being used for, there may be cause for concern. A legitimate charity should always be willing to provide you with more information and should never try to obtain donations by pressuring or intimidating you, so any representative of a charity who is vague or aggressive is highly suspect. The bottom line: it’s your money that’s going to the charity, so if you don’t feel comfortable with an organization you’ve chosen, you can always find another better suited to your needs and interests.
A grant is a sum of money given to an individual or a nonprofit organization, usually to help finance some project. Grants do not need to be repaid.
Who knew that being unemployed was a superpower? This write-up describes people who have turned a frustrating, unfortunate situation into an opportunity to do something… super.
Donating your used car is a win-win situation, and who doesn’t like to win?
If you have a car just sitting in the driveway that may not be worth the hassle of selling, donation is a very good option. Many different kinds of charities accept cars – even if they don’t use the cars themselves, they can sell each vehicle at auction and keep the profit as a monetary donation. If you don’t want to go through a big charity, you can look around in your community and think about where a donated car could make a difference.
Not only will you get the great feeling of helping out a person or an organization in need, but there’s a simple incentive for you as well: donations to many charities are tax-deductible, which means you may be able to write off the value of your automobile donation and save money on your taxes this year!