The New England Patriots are a slight favorite to defeat the Seattle Seahawks in the Super Bowl on Sunday, but which team (and their respective region) holds the edge in terms of generosity?
For nearly a half-century, Boston College’s Center on Wealth and Philanthropy has taken an unusual approach to studying the charitable giving of the very rich, examining not just how much they give but why they do it and asking whether great wealth comes with an ethical obligation to be financially generous.
Charitable giving in Massachusetts in 2014 rose 7.7% over 2013 levels, lagging national giving, which increased 9.3% last year, both down from the year before, a trend that is expected to continue through 2015, according to a newly released report. The Atlas of Giving, a Dallas-based organization that tracks charitable giving, said growth last year was driven by “favorable economic factors that drive giving, an increasing number of nonprofits, the impact of donor advised funds and new and more effective fundraising technologies and techniques.”
The Empire State Building is one of the seven modern wonders of the world. Yet when it was built, the most revolutionary aspect wasn’t its architecture or the height. The less-acclaimed, quantum leap was in the construction practices that the contractor, Starrett Brothers and Eken, used. Never before had a building been constructed in that way or as quickly.
Due to the suspension of the MBTA and ongoing weather related issues, the AGM office is closed on Tuesday, February 10, 2015.
Stay warm and safe.
It’s a key selling point of Boston’s Olympic bid: The Games would largely be paid for by private funding, not taxpayer money. But that financing plan is sending ripples of anxiety through the city’s nonprofit sector, which worries the event would soak up philanthropic dollars that might otherwise go to charity. And, in a potential double-whammy, a Boston Olympics could strain local nonprofits by putting more demands on social services, as happened in Atlanta when the Summer Games were held there in 1996.
Mayor Bill de Blasio spurred foundation leaders Wednesday to invest in projects and technology tools that protect and expand the accessibility of the Internet. "We know that you can fill in some of these gaps more effectively than any government, and you can spark change more agilely than most governments ever could, and we need you to do that," Mr. de Blasio said. Life opportunities increasingly correlate to education levels and, in turn, to access to high-speed Internet, the mayor said. More than a quarter of American households do not have such access.
What’s the Big Idea?
Particularly during times of transition or planning, it is useful to become acquainted with other local large-scale funder initiatives, whether or not we choose to adopt this style of giving as our own. No two funders are alike, but knowing what others are doing provides an invaluable lay of the land and helps us realize our own purpose and meaning.
A new report released today by the Schott Foundation for Public Education finds that the latest estimates for national public high school graduation rates are 59 percent for Black males, 65 percent for Latino males, and 80 percent for White, non-Latino males. Since the Schott Foundation’s 2012 report, the gap between Black and White males has increased from 19 percentage points (school year 2009-2010) to an estimated 21 percentage points (2012-2013).
In the face of the last month’s record-setting low temperatures and high snowfall, community organizations all over the country are struggling to keep up with the pace of calls for emergency energy assistance. “We still have numerous applications that haven’t been processed yet, because they all come in at the same time,” says Mary Knittle, director of energy resources at the Worcester Community Action Council.