Karma & Cents Blog
Catch up on a selection of our latest news and learn more about Philanthropy 3.0
Transformational Giving – Creating a Living Legacy
In the Spring 2019 issue of the Stanford Social Innovation Review there is a segment on making “Big Bets.” Unleashing Big Bets for Social Change focuses on how harnessing the nearly $9Trillion of worldwide private wealth can transform the face of our communities. The...
Celebrating Women in Philanthropy
Women’s roles in philanthropy have evolved over time from sisterhood groups of biblical times to Victorian England’s Benevolent Aid Societies, which were the first documented organized women’s groups focusing on volunteerism and charity.
The Most Important Question to Ask when Evaluating a Charity
Education is a cornerstone of everything that we do with Karma & Cents clients. The workshops and seminars we host range from philanthropy training for wealth advisors to specialty workshops for Family Office Managers to family philanthropy retreats for family...
You are Going to Die! Philanthropy 3.0 – Your New Wealth Planning Strategy
They say that nothing is certain except death and taxes. Since those two things are inevitable, what can be done to make them less stressful? This is where Philanthropy 3.0 comes in. As a planning tool, Philanthropy 3.0 can work towards wealth management, tax planning and establishing a living legacy that can be an emotional comfort for your friends, family and community upon your passing.
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...
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