The Wall Street Journal
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Corporate philanthropy is changing.
Companies may allow their employees to volunteer while on the clock or reward customers for their volunteerism. Many give goods rather than cash and focus more on areas in which they have expertise. And, in what is perhaps the most profound shift, some companies are thinking more long term and aligning their philanthropy with their core business strategies looking for ways to do good at the same time they improve their bottom lines.
April 30, 2010, Wall Street Journal — It's no surprise that President Obama, with a lengthy background in the non-profit sector, has made strong efforts to reach out to the philanthropic community. What may come as a surprise is just how exhilarated the philanthropic community is by the attention.
This year's Council on Foundations conference, which concluded Tuesday in Denver, offered a revealing glimpse into the nexus of an administration eager to obtain the support of the non-profit world, and a community of increasingly politicized foundations who see bountiful opportunities for legislative achievements emanating from the current White House.
A tone of mutual congratulation pervaded the conference, first exemplified by remarks from Valerie Jarrett, a long-time adviser to President Obama and manager of the White House Office of Public Engagement, which oversees public-private liaison efforts."Why did I have such a great amount of confidence at the beginning of our administration?" she said to the assembled foundation worthies. "It's because of you."
November 17, 2009, The Wall Street Journal — It's crunch time for a tax break that lets people tap their IRAs and give the proceeds to a charity without the Internal Revenue Service claiming part of the money.
NEW YORK, November 10, 2009, The Wall Street Journal — The wealthy and their advisers aren't the only ones riled by the lack of certainty over next year's estate tax. Charities also have a big stake.
November 9, 2009, The Wall Street Journal — Traditionally, when it comes to philanthropy, there has been private philanthropy, and there has been government philanthropy, and rarely did the two meet.
November 9, 2009, The Wall Street Journal — It's hard to overstate the crisis facing charitable giving today. So let me just say it as plainly as I can: Much of current philanthropic giving, by foundations and individuals, neither meets the needs of our charitable organizations nor addresses some of our most urgent public needs.
November 8, 2009, The Wall Street Journal — Get out your checkbook. The holidays are coming. That's prime time, of course, for all sorts of gift giving -- from your 10-year-old's iPod to a business client's bottle of Bordeaux. And don't forget the old alma mater... or the children's hospital... or the food bank. It's also the season for charities.