Written by Leslie Lenkowsky, Professor Emeritus, IU Lilly Family School of Philanthropy. In the second of the two 1889 essays known as “The Gospel of Wealth,” Andrew Carnegie tries to identify the “best uses” for philanthropic giving. At the top of his list, “standing apart by itself,” is founding a university, as exemplified by Leland… Read more »
Tag: Leslie Lenkowsky
Colin Powell’s nonprofit legacy: a belief in America’s Promise
The outpouring of tributes following Colin Powell’s death last month—and those during his memorial service last Friday at Washington National Cathedral—largely overlook one important piece of his legacy: his volunteer service in the nonprofit world. That service deserves recognition, along with the many other accolades he will continue to receive for his leadership in higher-profile… Read more »
Lin-Manuel Miranda’s message to philanthropy: Immigrant strivers need support, too
Broadway superstar Lin-Manuel Miranda and his family this month announced $225,000 in grants to eight groups that help immigrants. Those donations marked a departure from his usual giving, which has chiefly focused on the arts. But they also reflected the central theme depicted in his new movie, In the Heights, about an immigrant neighborhood in… Read more »
Biden’s goal to permanently boost support for families echoes a failed Nixon proposal from 50 years ago – will it take off this time?
In July 2021, households with up to 88% of all U.S. children will get their first of six no-strings-attached monthly payment from the federal government. The money comes from a temporary expansion of the child tax credit in the Biden administration’s US$1.9 trillion COVID-19 relief package enacted in March. For one year only, the government… Read more »
President Biden’s ‘big f-ing deal’ for children
The most important part of the new American Rescue Plan Act for philanthropy may be one which provides not a cent to any nonprofit group or a tax incentive to any donor. The law includes changes in the Child Tax Credit that, according to the Institute on Taxation and Economic Policy, could raise the incomes… Read more »