Philanthropy, even your philanthropy, no matter how big or small can make a difference in powerful ways.
You should never underestimate the impact of your philanthropy of the philanthropy you encourage in others.
Private philanthropy played a major role in the defeat of Hitler in World War II!
Alfred Loomis was a successful entrepreneur in the mid- 1930s, whose foresight and clairvoyance of sorts allowed him to profit from the Great Depression.
At the age of forty-five, Loomis made a “gift” that would later change the course of the war. His private philanthropy created a leading-edge physics lab that attracted the likes of Albert Einstein and others.
This 18-month philanthropic project gave the Allies what some have called the “single most important technology that helped win the war” – —radar.
The preferred vehicle for private philanthropy in the United States has long been the family foundation.
However, recent changes to the donor advised fund have made it a very popular vehicle for family giving.
If a donor has a family foundation, show them the advantages of a donor advised fund. Today’s donor advised fund offers nearly all the flexibility with much less cost and hassle.
An outright gift and donor advised fund gift can benefit the donor and the charities it names. Either way, decide to give.