The 5 Percent Foundation Payout Requirement May Be a Floor, but the Ceiling Is Awfully Low
Most private foundations stick quite closely to their 5 percent payout requirement. And America's largest are unlikely to give much more than the minimum.
New developments on the inequality front? Our Institute for Policy Studies Inequality.org editorial team tracks them here.
Most private foundations stick quite closely to their 5 percent payout requirement. And America's largest are unlikely to give much more than the minimum.
Democrats introduce a bill to hike fuel taxes on private jets and invest the new revenue in public transportation.
Why are our planet’s finest hoopsters bricking free throws? Pals of plutocrats have a convenient explanation.
The IRS just released two years of long-awaited nonprofit tax filings. We found an enormous jump in DAF-to-DAF giving.
America’s farmers are aging. To avoid a crisis, we need to lower the economic barriers of entry for young farmers.
Pay levels for top U.S. corporate execs have lost any connection to organizational rationality.
Young workers already facing high rents and student debt will pay the biggest price for Social Security cuts. We can’t sit on the sidelines.
Private foundations are currently allowed to make grants to donor-advised funds, or DAFs, and to count those grants toward their charitable distribution requirement of 5 percent of their assets each year.
The Supreme Court is erasing our shared responsibility for educating each and every child.
In 1776, public-spirited patriots emerged from the ranks of America’s most privileged. Today’s richest offer up precious little of that public spirit. Why?