• Philanthropists and the charities they support

The debate continues: is it time to tax multi-billion dollar college endowments?

Readers of Philanthropy Daily have recently seen a series of articles exchanging different perspectives on the tax-exemption of endowments at elite private colleges, including my own Endowments on the table: why should taxpayers subsidize elite private colleges?, Schneider and Klor de Alva’s Taxpayers are over-subsidizing rich nonprofit colleges, and Sean […]

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Where to begin with charitable giving

You’ve probably heard this Lao Tzu quote before: “A journey of a thousand miles begins with a single step.” The great philosopher’s sage wisdom, of course, is simple: you must begin. Yet in beginning one’s charitable journey, we often make two common mistakes. One is our failure to get started […]

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Fordham University Receives $10.5 Million Estate Gift

The gift from trustee and alumnus Stephen E. Bepler (’64) and his widow, Kim, includes $8 million to endow chairs in mathematics, physics, chemistry, and biology and $2.5 million in support of a new science building to be built on the university’s campus in the Bronx…. Source: Phil News Digest