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The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death of the two founders, the foundation owned 90% of the non-voting shares of the Ford Motor Company. Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company.
Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material gain; and with government endeavors that are public initiatives for public good, such as those that focus on the provision of public services. A person who practices philanthropy is a philanthropist.
Tides Foundation is a left-leaning donor advised fund based in the United States. It was founded in San Francisco in 1976 by Drummond Pike. Tides distributes money from anonymous donors to other organizations, which are often politically progressive. An affiliated group, Tides Advocacy, is a "massive progressive incubator." Tides has received substantial funding from George Soros.
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.
In the United States, a donor-advised fund is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals. To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits cash, securities, or other financial instruments. They surrender ownership of anything they put in the fund, but retain advisory privileges over how their account is invested, and how it distributes money to charities.
Baton Rouge Area Foundation is a community foundation dedicated to enhancing the quality of life in Louisiana's capital region, and is registered with the IRS as a 501(c)(3) tax-deductible nonprofit organization. Since inception, the Foundation has granted over $650 million.
A foundation in the United States is a type of charitable organization. However, the Internal Revenue Code distinguishes between private foundations and public charities. Private foundations have more restrictions and fewer tax benefits than public charities like community foundations.
Until 1969, the term private foundation was not defined in the United States Internal Revenue Code. Since then, every U.S. charity that qualifies under Section 501(c)(3) of the Internal Revenue Service Code as tax-exempt is a "private foundation" unless it demonstrates to the IRS that it falls into another category such as public charity. Unlike nonprofit corporations classified as a public charity, private foundations in the United States are subject to a 1.39% excise tax or endowment tax on any net investment income.
Candid is an information service specializing in reporting on U.S. nonprofit companies. In 2016, its database provided information on 2.5 million organizations. It is the product of the February 2019 merger of GuideStar with Foundation Center.
The Commission on Private Philanthropy and Public Needs, better known as the Filer Commission, was formed in 1973 to study philanthropy, the role of the private sector in American society, and then to recommend measures to increase voluntary giving. Organized as a privately supported citizen's board, the Commission came into being through the efforts of John D. Rockefeller III, Wilbur D. Mills, George P. Shultz, and William E. Simon. The selection of participants on the Commission reflected a desire for diversity of experience and opinions and included heads of religious and labor groups, former cabinet secretaries, corporate and Foreign Securities Corporation and President of Metropolitan Museum of Art.
- Edwin D. Etherington, Former President of Wesleyan University and Trustee of Alfred P. Sloan Foundation.
- Bayard Ewing, Tillinghast, Collins and Graham and Vice Chairman of United Way of America.
- Frances Tarlton Farenthold, Past Chairperson of National Women's Political Caucus.
- Max M. Fisher, Chairman of United Brands Company and Honorary Chairman of United Foundations.
- Reverend Raymond J. Gallagher, Bishop of Lafayette-in-Indiana.
- Earl G. Graves, Publisher of Black Enterprise and Commissioner of Boy Scouts of America.
- Paul R. Haas, President and Chairman of Corpus Christi Oil and Gas Company and Trustee of Paul and Mary Haas Foundation.
- Walter A. Haas Jr., Chairman of Levi Strauss and Company and Trustee of the Ford Foundation.
- Philip M. Klutznick, Klutznick Investments and Chairman of Research and Policy Committee and Trustee of Committee for Economic Development.
- Ralph Lazarus, Chairman of Federated Department Stores, Inc. and Former National Chairman of United Way of America.
- Herbert E. Longenecker, President Emeritus of Tulane University and Director of United Student Aid Funds.
- Elizabeth J. McCormack, Special Assistant to the President of Rockefeller Brothers Fund, Inc.
- Walter J. McNerney, President of Blue Cross Association.
- William H. Morton, Trustee of Dartmouth College.
- John M. Musser, President and Director of General Service Foundation.
- Jon O. Newman, Judge, U.S. District Court and Chairman of Hartford Institute of Criminal and Social Justice.
- Graciela Olivarez, State Planning Officer and Director of Council on Foundations, Inc.
- Alan Pifer, President of Carnegie Corporation of New York.
- George Romney, Chairman of the National Center for Voluntary Action.
- William Matson Roth, Regent of University of California and Chairman of San Francisco Museum of Art.
- Althea T. L. Simmons, Director for Education Programs of the NAACP Special Contribution Fund.
- Reverend Leon H. Sullivan, Pastor of Zion Baptist Church, Philadelphia.
- David B. Truman, President of Mount Holyoke College.
National Philanthropic Trust (NPT) is an American independent public charity that provides philanthropic expertise to donors, foundations and financial institutions. NPT ranks among the largest grantmaking institutions in the United States.
The Everychild Foundation is a private philanthropic foundation based in Pacific Palisades, California. It awards a single grant of up to $1 million each year to a non-profit organization within Los Angeles County that helps children affected by disease, abuse, neglect, poverty or disability by launching or expanding a new innovative, replicable project. The Foundation has awarded more than $19 million in grants that served over 1 million Los Angeles children. The idea is to leverage the grant dollars in order to have a wider impact with replication.
Philanthropy in the United States is the practice of voluntary, charitable giving by individuals, corporations and foundations to benefit important social needs. Its long history dates back to the early colonial period, when Puritans founded Harvard College and other institutions. Philanthropy has been a major source of funding for various sectors, such as religion, higher education, health care, and the arts. Philanthropy has also been influenced by different social movements, such as abolitionism, women’s rights, civil rights, and environmentalism. Some of the most prominent philanthropists in American history include George Peabody, Andrew Carnegie, John D. Rockefeller, Henry Ford, Herbert Hoover, and Bill Gates.
The Silicon Valley Community Foundation (SVCF) is a donor-advised community foundation serving the Silicon Valley region. It is the largest charitable foundation in Silicon Valley.
Aplos Software is a privately held company that specializes in software as a service for nonprofit organizations. Their primary focus is simple software to manage the essential nonprofit tasks of fund accounting, nonprofit tax preparation and donor management for small, mid-sized, and large non-profit organizations.
The Chicago Community Trust is the community foundation serving Chicago, suburban Cook County, and the Illinois counties of DuPage, Kane, Lake, McHenry, and Will. Established on May 12, 1915, it is the third largest community foundation in the country as of 2019, with assets of more than $3.3 billion. The Trust awards more than $360 million annually in grants and has awarded more than $2 billion in grants since its founding. The Trust received gifts totaling almost $469 million during the 2019 fiscal year.
Charity assessment is the process of analysis of the goodness of a non-profit organization in financial terms. Historically, charity evaluators have focused on the question of how much of contributed funds are used for the purpose(s) claimed by the charity, while more recently some evaluators have placed an emphasis on the cost effectiveness of charities.
The Foundation for the Carolinas is a donor-advised charity with a non-exclusive focus on North Carolina and South Carolina.
Jennifer Mary Gill is a semi retired executive from New Zealand who works in philanthropy. She was New Zealand's first full-time paid employee working in philanthropy, and the chair of Philanthropy New Zealand.
References
- ↑ Rockefeller Philanthropy Advisors, Philanthropy Roadmap, archived from the original on 2012-04-07, retrieved 2007-10-24
- ↑ Strong American Schools
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