The future of philanthropy: The evolution from charitable giving to charitable living,
"As technology, culture, and societal norms evolve, how donors perceive and approach philanthropy also changes."
Want to have a highly productive week and accomplish all or most of what you set out to do? Then start Monday morning with any of three quick micro-challenges that will set you up to reach your goals. Or, if you want, you can do them all--which will take ten minutes or less…
A few years ago, a young colleague invited me to a party to meet his boss, executive director of a global nonprofit and a former scion of Wall Street. Some cursory research beforehand revealed that we had a mutual acquaintance who served on a board with the nonprofit leader. When introduced, I brought up the connection, but he displayed no interest. Instead he talked about his volunteer work and tossed around household names like confetti. As he spoke, he scanned the room without so much as a sideways word of inquiry…
The biggest wealth transfer in history is about to happen — and it's now expected to be more than double what many thought it was. It's estimated that 45 million U.S. households will transfer $68 trillion in wealth over the next 25 years, according to Asher Cheses, a research analyst and lead author of a new report from financial services research firm Cerulli Associates…
The power of ‘lean philanthropy": If you’ve spent much time in Silicon Valley, you’re likely familiar with the phrase “lean startup.”
It’s the idea of producing less waste and focusing more on innovation to meet a need. Driven by a desire to more directly impact the lives of those in need, donors are creating a new model of giving in the form of lean philanthropy by doing away with the bureaucracy and detailed application process of giving.
The strategy is to build multiple streams of income that don't require you to work 8 to 5 in a company where you have little control of your time and compensation.
The core money parts ― Keep More Money, Make More Money, and Grow More Money ― focus on ways to tighten your finances, increase your income, and develop passive investment strategies. The goal is to build regular, independent cash flow until…
The biggest wealth transfer in history is about to happen — and it's now expected to be more than double what many thought it was. It's estimated that 45 million U.S. households will transfer $68 trillion in wealth over the next 25 years, according to Asher Cheses, a research analyst and lead author of a new report from financial services research firm Cerulli Associates…