Karma & Cents Blog
Catch up on a selection of our latest news and learn more about Philanthropy 3.0
The Business of Philanthropy – What we can learn from the Trump Foundation Dissolution
A private foundation is more than just an entity that allows you to make donations to qualified donees. It is a legal structure and an operating corporation. Having a formal structure around your giving, like a private foundation, is just like having a business. The motivations for setting up these types of organizations range from purely altruistic to more technical as part of a tax planning solution. When looking at it from an altruistic perspective, it might be established as a tool to bring family members together, an entity to strengthen a corporate or family brand in a community or a financing solution to a complex social problem. This blog post explores the pitfalls of private foundations.
Don’t be an A**hole – A Philanthropy 3.0 Book List for New Year’s Resolutions
Philanthropy 3.0 Reading List and New Year’s Resolutions
2018 Charity Listing
Each year we post a list of the charities that our clients supported. These are organizations are located in North America. You too can support them through the Place2Give Foundation General Fund. For a list of the different Donor Directed funds please visit the...
This GivingTuesday Shift the Conversation from the Asking to the Engaging
#GivingTuesday Global Day of Giving, November 27, 2018 Calgary, Alberta – Since 2013, #GivingTuesday, a global giving movement has been driven by charities to increase donations from individuals, businesses and communities across Canada and in countries around...
Financial Literacy and Philanthropy: 12 Values-Based Wealth Planning Concepts
In light of it being #FinancialLiteracyMonth, there are some key values-based financial planning concepts and learnings that we have gleaned from different authors (including Seth Godin and Deitrich Dorner) over the years. You can find their books on our virtual...
Say What??? Evaluating Charity – Understanding the Evaluator
Karma & Cents is one… a charity evaluator… so when looking at the plethora of charity evaluation platforms out there we realize that, just like the number of charities doing similar work, there are so many different ways to evaluate how charities are...
International Day Of…
Every day has a “theme” tied to it. Just this week alone we had the #InternationalDayOfTheGirl #ComingOutDay, and #WorldSightDay. October as a month has #MentalHealthMonth, #DyslexiaLearningMonth, #BreastCancerAwarenessMonth and #ComputerLearningMonth to name a few....
It’s Never Too Early to Start Thinking about Transitioning your Family Business
It’s not a matter of if, it’s a matter of when, you will transition your business. The process of transitioning is the most monumental decision in your company’s lifecycle. Optimizing the value of your business, understanding the range of choices for how, or who to...
Funding to the Sustainable Development Goals
We are currently working with a funder who is evaluating their corporate foundation against two sets of benchmarks: the Sustainable Development Goals (SDGs) and their own corporate values. This blog post explore’s how funders can integrate the SDGs into their...
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