Donor Base

Survey results from BMO Harris Private Banking show that most wealthy Canadians ($1 million and greater) see charitable giving as important. Specifically, the survey showed that 76% of holders of at least $1 million in investable assets participate in charitable giving. The study also showed that 89% of those that use business as their main [...]

The United States Postal Service (USPS) reported a giant loss in 2010–$8.5 billion to be exact.  This loss was $4.7 billion more than 2009. The operating revenue from USPS declined by $1 billion in 2010 (to $67.1 billion), and total mail volume was down 3.5 percent.

Paul Allen co-founded Microsoft with Bill Gates. On July 15th, Paul Allen announced that he will be giving away half of his fortune to philanthropy–an estimated $13.5 billion. This public commitment to giving has been sharpened by a recent project called, The Giving Pledge, by Mr. Gates and Warren E. Buffett, which calls upon the [...]

The China Foundation Center ( foundationcenter.org.cn/ ) was established to help create more transparency in Chinese foundations, as well as encourage more participation in philanthropy by making the activities of Chinese foundations’ activities more visibile to the public. This tool may help reduce the suspicion of mismanagement and even corruption within Chinese foundations. The archive [...]

A pending state budget may hurt a lot of non profit organizations in New York by imposing limits to the amount an individual can claim from charitable donation deductions. The law would affect individual’s making donations who are considered “high earners.” This law should be a serious concern for non-profit organizations. Specifically, this law would [...]

Chase launched the Chase Community Giving program Summer 2010 on Facebook. The program will award over 5 million dollars to about 200 charities by way of grants ranging from $20,000 to $250,000. The program will allow Facebook users to vote on charities beginning June 15, 2010. Non profits competing in the competition were encouraged to [...]

JP Morgan a new initiative to invest 325 million in charter schools. The new initiative will focus on the growth of high performers in this difficult credit environment. The company will provide $50 million in grants to community development financial institutions (CDFIs) to be used as permanent equity to fund top-performing charter schools. 175 million [...]

Charities Review Council, is an organization that helps people who support charities with financial donations, has published a revised accountability standards for nonprofits. In addition, they have launched a new web tool to help learn about compliance with the new standards. The new standards address charity performance in the areas of public disclosure, governance, financial [...]

Corporate funding for Haiti relief efforts have exceeded $43 million by the evening of January 19th. In total, 203 companies have donated to the Haiti relief effort. Of those, 36 companies donated over $1 million to aid Haiti in this disaster recovery effort. Source: U.S. Chamber of Commerce’s Business Civic Leadership CNBC ran a special [...]

National Council of Nonprofits has launched a free toolkit for non-profits to help prepare for the flu. Information can be found on their website at: www.councilofnonprofits.org. The N.C.N. acknowledges that some non-profits will be affected more significantly than others. Specifically they mentioned that schools and nonprofits providing residential services, child care, elder care and health [...]