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…
Are you a high net worth individual? Then the wealth management rules are different for you.
Mark Tepper rightly assures us that we should all consider ourselves wealthy if we have the resources to live the lives we want to live without compromise. However, if you fall into one of his higher-net-worth categories, you will find that Exceptional Wealth is speaking directly to you.
Tepper, author of the acclaimed Walk Away Wealthy, stresses that if you are someone…
Iimay Ho, 32, is from an upper class family. Her mother accumulated wealth by building an insurance company, and Ho stands to inherit $1 million.
But she doesn't want to use the money for vacations or luxury items, she told Business Insider. As the executive director of Resource Generation, she's more focused on dedicating her money, and her time, to social change — and she's not alone.
More than 600 wealthy millennials belong to Resource Generation's 16 chapters across the US, working to redistribute some of…
Nonprofit organizations are expert at making the case for their fundraising priorities. They often fail to recognize, however, that the barrier to giving may be donor confidence rather than donor interest. This new book explores how donor education can turn donors into philanthropists by building their confidence and self-awareness, challenging the barriers that keep them from making gifts with lasting impact and binding them to one another and to your institution in new ways. Chapters by experts in the field cover topics that include working with philanthropic advisers, family philanthropy, donor education in the development…
Philanthropy has long been a distinctive feature of American culture, but its crucial role in the economic well-being of the nation--and the world--has remained largely unexplored. Why Philanthropy Matters takes an in-depth look at philanthropy as an underappreciated force in capitalism, measures its critical influence on the free-market system, and demonstrates how American philanthropy could serve as a model for the productive reinvestment of wealth in other countries. Factoring in philanthropic cycles that help balance the economy, Zoltan Acs…
An insider's groundbreaking investigation of how the global elite's efforts to "change the world" preserve the status quo and obscure their role in causing the problems they later seek to solve.
Former New York Times columnist Anand Giridharadas takes us into the inner sanctums of a new gilded age, where the rich and powerful fight for equality and justice any way they can--except ways that threaten the social order and their position atop it. We see how they rebrand themselves as saviors of the poor; how they lavishly reward "thought leaders" who redefine "change" in winner-friendly ways; and how they…
Despite widespread conviction that neediness should be a top priority for charitable giving, this research documents a "charity beauty premium" in which donors often choose beautiful, but less needy, charity recipients instead. The authors propose that donors hold simultaneous yet in-congruent preferences of wanting to support beautiful recipients (who tend to be judged as less needy), but believing they should support needy recipients. The authors also posit that preferences for beautiful recipients are most likely to emerge when decisions are intuitive, whereas…
Just a few years ago, the Tea Party was a dominant force in American politics, but you don't hear much about it these days. It hasn't gone away, it just morphed into something else.
Donald Trump was born out of the Tea Party. Trump's dedicated supporters are many of the same folks who made the Tea Party the dominant force in American politics in 2010.
Like Trump, the Tea Party was never overwhelmingly popular but it did…
JEFFERSON CITY • As a newly minted state lawmaker from St. Louis in 1993, Joan Bray was in Missouri’s House of Representatives when an envelope containing a $1,000 campaign contribution landed on her desk.
It was an eye-opening moment.
“I was so stunned. I didn’t know what to do,” said Bray, a Democrat who…
