As baby boomers celebrate their 60th birthday and prepare for retirement, a growing number of them are choosing to leave wealth to their children in the form of a family foundation. Philanthropy offers an important and meaningful legacy to generations...
Focus on Volunteering
The spirit of giving back is upon us: Young people are replacing summer camp with service trips, and baby boomers approaching retirement age are searching for ways to give back to their communities. With the number of new groups in the nonprofit sector...
Altruism Trends
In recent years, focus on accountability and transparency within the nonprofit sector has intensified. BusinessWeek staff editor Jessi Hempel talks with Steve Gunderson -- who became president and CEO of the Council on Foundations last October -- about...
Community Foundations Matter
Under Peter Hero`s leadership, Community Foundation Silicon Valley has grown from a small foundation with less than $10 million in assets and only three staff to a regional center for philanthropy, with more than 600 philanthropic funds under its...
Passing the Torch
As baby boomers begin to age, the U.S. is preparing for a massive transfer of wealth, and many folks will be looking to philanthropy to preserve their family legacies. In this podcast, BW focuses on how the older generation can engage younger folks in...
Good Giving
Family foundations appeal to those who have millions of dollars to give, but people with smaller gifts to make are often encouraged to seek out donor-advised funds at community foundations instead. Dan Schley, chairman of the Foundation Source, is giving...
Group Grantmaking
Paul Shoemaker spent 13 years in the private sector -- working for Nestle and Microsoft -- before joining Social Venture Partners as a volunteer. The organization encourages groups of donors to pool their charitable contributions to get more...
Altruistic Women
Philanthropy, according to Women`s Funding Network CEO Christine Grumm, represents the last glass ceiling for women. She talks with BW`s Jessi Hempel about why women are giving more, where they are directing their gifts, and what distinguishes women`s...
Templeton`s Legacy
As vice-president of the Templeton Foundation, Dr. Charles Harper heads up strategic planning and program design for the billion-dollar grant-making institution. As one of its primary objectives, the organization funds the scientific pursuit of spiritual...
Broadly Speaking
Millionaire industrialist Eli Broad made his fortune by building two businesses from the bottom up. Now he spends his time giving that fortune away. Broad takes an active hand managing his Los Angeles-based trio of foundations. He has made big...
Smart Giving
In 2000, IDG co-founder Patrick McGovern and his wife, Lore Harp McGovern, announced a $350-million pledge to build a brain research center at MIT. The center opened in November, and the McGoverns have taken a hands-on approach, attending conferences,...
Moore to Give
Philanthropist David Rockefeller marked his 90th birthday this year with two mega gifts: He pledged $100 million to the Museum of Modern Art and $100 million to Rockefeller University. He`ll provide both institutions with $5 million a year until his...
The Rockefeller Legacy
Philanthropist David Rockefeller marked his 90th birthday this year with two mega gifts: He pledged $100 million to the Museum of Modern Art and $100 million to Rockefeller University. He`ll provide both institutions with $5 million a year until his...
