Archive: Donations

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High Net Worth Philanthropy Giving Trends

A 2016 study of High Net Worth Philanthropy was issued in October as a collaboration by U.S. Trust and the Indiana University Lilly School of Philanthropy. A full copy of the report can be obtained here. This is the sixth such study conducted since 2006 on a biennial basis. The study is based on a survey […]
December 21, 2016
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  • Aronson

Transforming Planned Gifts into Current Gifts

At the Planned Giving Days conference in Arlington, Virginia on May 26, Jeff Lydenberg, Esq., Vice President of Consulting for PG Calc   (  gave an excellent presentation on Transforming Planned Gifts into Current Gifts. Some of the highlights of his presentation are included below: Most planned gifts are “deferred gifts”  meaning that the arrangement is […]

The Aronson Foundation Supports New 4+1 Accounting Program at University of Maryland

The Aronson Foundation is proud to support the Robert H. Smith School of Business at the University of Maryland in a multi-year commitment for its new 4+1 Program in Accounting. The 4+1 Accounting Program will allow students to complete additional coursework and graduate in five years with B.S. and M.S. degrees in Accounting. The Aronson […]

Nonprofits Sued for Return of $2.1 Million in Donations

More than two dozen local, state and national nonprofit agencies are being sued for the return of $2.1 million in donations in a Waco, Texas based lawsuit. A trustee for Life Partners Holdings claims the donations were made by the CEO from funds he fraudulently received from the company before it filed for bankruptcy last […]

Beating the Odds with a Long Term Development Director

I have had the honor of being associated with Bread for the City (Bread) for more than 20 years, the last six or seven as a Board Member and Treasurer. One key element of Bread’s success has been the longevity of Kristin Foti, their development director. For many clients, Development Directors turn over frequently in […]

PATH Act Makes Permanent Several Popular Provisions which Promote Charitable Giving

On December 18, 2015 the President signed the PATH Act (Protecting Americans from Tax Hikes Act). While generally considered an extenders bill (multiple tax incentives were extended one year at a time), this Act makes permanent some of the provisions which promote charitable giving by individuals and businesses. These include: Charitable contributions of food inventory […]

Facebook to Add Donation Capabilities During Crisis Response Efforts

The Social Good team within Facebook is planning a long-term commitment to partner with nonprofits to assist with fundraising and crisis response efforts worldwide. The Social Good team is responsible for building platforms in which Facebook users are able to perform positive social actions through the social media website. The team was created in the […]

Avoiding Management Letter Comments – Net Asset Classification

A common management letter comment stems from the misclassification of net assets.  There are three main classifications of net assets: unrestricted, temporarily restricted, and permanently restricted.  Unrestricted net assets are not subject to donor restrictions.  Temporarily restricted net assets are subject to donor imposed restrictions that will either be met by actions of the organization […]

A New Creative (and Possibly Simple) Way for Fundraising

We have all seen which way the winds are blowing. We are all witnesses to the aggressive rate at which social media permeates daily operations of virtually all nonprofits. For those nonprofits that hesitate to embrace online fundraising, it may be time to consider taking that first step. Online fundraising keeps growing at a bellicose […]

Fishing for Funding and the Charitable Deduction Debate

As the government works to solve the country’s budget problems, President Obama and Congress are considering caps or cuts to the charitable tax deduction. Recently Senator Max Baucus, Chairman of the Senate Finance Committee and Senator Orrin Hatch, Senior Rep. on the committee, initiated a process of crafting legislation to overhaul the tax code beginning […]