GoFundMe Has Revolutionized How We Give, But Is That a Good Thing?

Crowdfunding has since revolutionized how people can donate and give back. But how can people determine what is real, and how much are people obligated to help?

While the internet has made crowdfunding a powerhouse that has shaken up the $410 billion charitable sector, the donations are not tax ­deductible no matter how philanthropic they seem. Not only that, any donation greater than $14,000 will trigger a gift tax.

Suzanne Shier, chief tax strategist at Northern Trust, explains, "Not all generosity is 'charitable,' at least not in the eyes of the IRS."

Craig Klugman, professor of bioethics and health humanities at Chicago's DePaul University, simply recommends: Ask for money online only if you really need it and if you wouldn't be ashamed to ask for it in person. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Novel Giving Strategy - Letting Nonprofits Decide How to Use Funding

Jeff Bezos, founder, CEO, and president of Amazon.com, decided to try something different with his new billion-dollar charity, Day One Families Fund. Bezos, through his charity, announced that he...more

Key Lessons in Strategic Giving

Bruce DeBoskey, J.D., a philanthropic strategist working across the U.S. with The DeBoskey Group, shares key lessons in strategic giving. DeBoskey writes about his experiences while stating that...more

3 Ways to Optimize a Charitable Gift
Foundation: Denver Foundation, New York Community Trust

Jessica Hicks, an editorial fellow at Thrive Global, writes that giving shouldn't be a stressful experience. Hicks quotes Sarah Harrison, the vice president of philanthropic services at The Denver...more

Community Foundation Asset Growth Stalls While DAF Giving Outpaces Trends

The Columbus Survey's latest results of community foundations for fiscal year 2018 are now live. The survey is an annual effort by CF Insights, a service of Candid, establishes a baseline...more

Strengthening Democracy in the Digital Age
Foundation: Knight Foundation

Sam Gill, vice president of communities and impact at Knight, shares details about the Knight Foundation's recent $50 million investment to develop a new field of research around technology's impact...more

Millennial Impact Report: 10 Years Looking Back
Foundation: Case Foundation

Jean Case, philanthropist and investor, shares some findings from over a decade of research led by the Case Foundation. The research, titled Millennial Impact Report: 10 Years Looking Back, has...more

Applications Solicited for Women Business Owner Awards

The National Association of Women Business Owners Philadelphia Center for Advancing Entrepreneurs is seeking female business owners in the Greater Philadelphia area for its Women Business Owner...more

Hong Kong Billionaire Talks Philanthropy And Creating An Award Like The Nobel Prize

Hong Kong Billionaire and the 88th richest person on earth, Lui Che Woo, recently sat for an interview with Forbes at his office in North Point to discuss his philanthropy and business...more

A Billionaire Criticizes Donor Advised Funds

John Arnold, a Houston-based billionaire, has been criticizing donor-advised funds (DAFs) in a way that shook the world of philanthropy. In an interview with Arnold, Theodore Schleifer of Vox,...more

Philanthropy - The Ubuntu Way

Philanthropy is called Ubuntu in South Africa. According to Dr Precious Moloi-Motsepe, Ubuntu is the African institutional knowledge of their interconnected well-being. Moloi-Motsepe, co-founder...more







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Social Enterprise Cafe Offers Youth Second Chance


Social Enterprise Cafe Offers Youth Second Chance

Not your typically standing cafe, the Stables Cafe, which was set up by Glen Duckett from Thwaites pub the Eagle and Child Ramsbottom in Lancashire,  is a place where youths are being given second chances at life. These youths  have been long-term unemployed, homeless or have served juvenile detention.




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