Philanthropy Roundup: December 2017

Jason Flom Innocence Project
The Innocence Project is an organization that uses DNA science to overturn wrongful convictions.

If you’re a philanthropist, your schedule might make it hard to keep up with the latest news, topics and emerging trends in the world of giving back.

That’s why we’re making it easier for you to stay current.

Our “Philanthropy Roundup” posts highlight stories – at the local and national level – that are valuable to our readers and will keep you up to date in the world of philanthropy. Check out the articles below.

Philanthropy Roundup

Donor-Advised Funds Growing at a Meteoric Rate
Financial Planning
The donor-advised fund, an 80-year-old vehicle for charitable giving, is growing in popularity with contributions and grants recently reaching record highs. Assets under management in these funds totaled $85 billion last year, marking a 9.7 percent increase over 2015, according to the 2017 Donor-Advised Fund Report from the National Philanthropic Trust. Whereas some of that growth was driven by investment gains, record contributions also played a major role.

USD gets $20 Million Gift to Expand its Crowded Business School
The San Diego Union Tribune
The University of San Diego has received a $20 million donation to greatly expand its School of Business, which has become so popular the campus has had to spread classes across numerous buildings. Donor Don Knauss sited his motivation for the generous gift, explaining “My wife and I made the gift because the university develops leaders who are focused on ethical behavior and compassionate service, that aligns with our beliefs.”

How Disaster Charity Can Pivot to Sustainable Philanthropy
The New York Times
In the aftermath of any natural disaster, money rushes in to help those in need. It’s well meaning, but when the disaster passes from the news, people who give reactively turn their attention to something else. For philanthropists who commit to difficult projects that last many years, the challenge of disasters is different. They need to find a way to maintain the momentum created by so much attention around a natural disaster to sustain long-term redevelopment.

These 27 Strategies Will Make Philanthropy an Effective Pursuit
Bloomberg
Will 2018 be the year you turn doing good into a pursuit? Follow the lead of those who already have—from José Andrés’s inspirational feeding of the masses; Christy Turlington Burns’s dedication to expectant mothers; or Jason Flom’s evangelist zeal for the wrongfully accused.

The bottom line: There’s no one right way to give. Here are a few ideas to get going.

Donor States of America
The Chronicle of Philanthropy
This new study, by the Indiana University Lilly Family School of Philanthropy, does more than establish “most generous” bragging rights. It’s a first-of-its-kind longitudinal analysis of household giving, drawing on a gold-standard survey of 9,000 households conducted nationwide every two years since 2000. Data collected provides insight on giving trends in by region, age, religion and gender.