Nearly a decade ago, Amazon created its Smile program as a way for its customers to support their favorite charities. Now it has decided to shutter the program. According to an email, Amazon claimed its philanthropic efforts were “spread too thin” to have a meaningful impact.
Read MoreAccording to the 2022 Bank of America Private Bank Study of Wealthy Americans, most well-to-do people of all ages feel compelled to give to philanthropic causes. However, although 82% of parents believe their children share the same vision and goals when it comes to giving, members of younger generations feel the need to pave their own way in the world of philanthropy.
Read MorePolitical partisanship is a powerful dividing line, but a new survey shows widespread agreement on the need for changes in how quickly charitable foundations and donor advised funds put donations to work.
Read MoreResearch shows charitable donors prefer to give their time over money — even when it does less good for the cause — because they perceive it gives them more control over where their donation goes. But nonprofits, although they need both donors’ time and money to succeed, feel that financial gifts have the most impact.
Read MoreThe Light a Candle charity — a project of Sean Feucht, 38-year-old worship leader, political activist and former Republican candidate best known for his 120-city tour of “worship protests” — has raised more than $200,000 for its Afghan Emergency Relief Fund. But the charity has no experience in the country and has provided no concrete plans.
Read MoreTrustBridge — an organization founded by atheist-turned-Christian Robert Collins — tries to make it easier for Americans to give directly to foreign ministries. Its approach cuts out the usual intermediary charities, which sometimes take a significant portion off the top for their expenses, while still allowing donors to get a tax deduction.
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