The Economy, Taxes and Philanthropy: What Donors Can Do to Navigate the Current Giving Environment
The Tax Cuts and Jobs Act of 2017, or TCJA, made reductions to income tax rates for most individual tax brackets. But it also made changes to itemized deductions, which caused many in the non-profit sector to worry that this might lead to a reduction in total charitable giving by individuals. Now that we’ve reached year two of this legislation being in effect, what does the data show? How do taxes, or the economy more broadly, impact philanthropic giving? And what approaches should donors consider if they want to continue to give with impact?
In its broadest sense, the field of impact investing can be defined as an investment strategy that seeks to generate financial returns while also creating a positive social or environmental impact. Impact investing is attracting growing numbers of organizations and increasing amounts of money. By...
If you’re a frequent listener of this podcast, or have attended any of our SSIR conferences, you probably know that one of the maxims about social innovation that I believe strongly is the one that states “the most effected are the most effective” – that those who are closest to the problems are...