Many of my clients come to me saying, “I want to start a foundation,” but really they are interested in establishing an operating nonprofit. It is quite easy to get confused by terms like foundation, charity and nonprofit when used interchangeably albeit, incorrectly, in philanthropy. In the United States, we look to the Internal Revenue…
DetailsA quick Google search for “social venture partners” underscores the Venture Philanthropy trend across the United States with the Los Angeles Social Venture Partner (LASVP) website listed first as pioneering a new model of giving. As a board member and partner of this diverse group of professionals, I am proud to spotlight LASVP for the…
DetailsLegacy planning is frequently referred to as leaving an inheritance to family members or your favorite charity. These days, legacy planning, through establishing a private foundation, can preserve your family name and make a social impact for generations to come, a far greater significance than simply a singular financial gift. Said so well by Ernest…
DetailsI googled the “definition of corporate social responsibility (CSR)” and more than 3 million hits came back in .17 seconds. For the fun of it, I clicked on page 14 of the results and was struck by all the international links defining CSR. Clearly, this is a global phenomenon. And even the President and Fellows…
DetailsI recently caught up with Rachel Roth, the Executive Director of the Roth Family Foundation, to get to know her better. Although we have met before and have colleagues and friends in common, I was really looking forward to spending time with her in this setting with the expectation that she would have a great…
DetailsDiane Helfrey, a Founding Partner and the Executive Director of Los Angeles Social Venture Partners (LASVP), sat down with me for an inspiring conversation about her philanthropic beginnings, advice and values. What she had to say really resonates with me and even though I have known her for years, she re-inspired me all over again while…
DetailsOriginal article from Huffington Post UK. Microsoft founder Bill Gates is donating $750m through his charitable foundation to the Global Fund to Fight Aids, Tuberculosis and Malaria. Gates used the World Economic Forum in Davos, Switzerland, and the 10th anniversary of the Global Fund to make his announcement. The Bill & Melinda Gates Foundation had…
Detailsreposted from USA TODAY Bill Gates and Warren Buffett could probably find more money behind their couch cushions than you make in a year. Still, their enormous charitable contributions have inspired you: The Ralph Smith Fandango Fund has a certain ring to it. But starting your own foundation requires time and money, and you’re a…
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