A unique guide to finding purpose, meaning, and results in the complex world of charitable giving
IN THIS DEFINITIVE GUIDE, world–renowned philanthropist Charles Bronfman and lifelong expert and nonprofit leader Jeffrey Solomon show donors and potential donors how to become street–smart, effective philanthropists.
Despite their critical importance to philanthropy, donors have few resources for solid information deciding what type of gift to give, how to structure it, the tax implications, what level of follow–up and transparency they should expect, among many other complexities. With candid, clear advice, this book fills that vacuum and helps anyone gain a special understanding of philanthropy as a business undertaking as well as a soulful process. It also shows nonprofits how to open a dialogue with the donors they serve to make smart, meaningful choices with their funds to create change.
Comprised of three key sections The Donor, The Partners, and The Gift The Art of Giving offers reflective questions, logistical answers, and endless resources to create a business plan for giving that works for you, regardless of income level. By exploring the differences between charity and philanthropy, the complexities of nonprofits, and the tools for making a thoughtful donation as well as your own passions, concerns, and timeline you will be better informed, able to confidently articulate your own interests, passions, and giving needs, and know the right questions to ask.
Whether you are a potential donor, active donor, or a nonprofit professional working with donors, The Art of Giving reveals how the act of giving benefits not only the recipient but also oneself.
by James Wolfensohn.
Introduction: Who We Are.
Part One: The Donor.
1 Getting Started.
2 The Joy of Giving.
3 The New Philanthropy.
4 Donors Come in All Types.
5 The Soul of the New Philanthropist.
7 Finding Your Niche.
Part Two: The Partners.
8 Do I Do It or Do I Buy It?
9 Working with a Nonprofit.
10 Running the Show.
11 The Family.
12 The Face in the Mirror.
13 Philanthropy in Hard Times.
Part Three: The Gift.
14 A Glossary of Gifts.
15 The Pudding Is in the Proof.
16 A Little Financial Advice
17 On Innovations
18 Twenty Questions Investing in Changing the World.
Epilogue: Why We Are Here.
Part Four: Resources.
Resource A: National Taxonomy of Exempt Entities: Core Codes Classification System.
Resource B: Index of Nonprofit Resources.
Resource C: Further Sources of Information.
About the Authors.
CHARLES BRONFMAN, of the Seagram′s corporate family, is the founder of the Andrea and Charles Bronfman Philanthropies. He was cochairman of Seagram′s, the founding owner of the Montreal Expos, and former chairman of Koor Industries Ltd., as well as chairman of the Montreal Jewish Federation and the first chairman of the United Jewish Communities. Among his many philanthropic duties, Bronfman sits on the boards of Mount Sinai Medical Center and Brandeis University.
JEFFREY SOLOMON is president of the Andrea and Charles Bronfman Philanthropies. He has taught the subject of philanthropy at New York University and has served on numerous nonprofit boards, including the Council on Foundations, where he chaired the Committee on Ethics and Practice. Solomon has been chief operating officer of the United Jewish Appeal Federation in New York, and he is a founding trustee of the World Faiths Development Dialogue.