Giving USA may have said it best in their press release for the latest 2019 report: it was a “complex year for charitable giving.” Philanthropists across the country immediately pounced on that language (and the data that followed), and soon the think pieces began to spread. Individual giving was down, other giving was up. And most importantly, the need for giving certainly hasn't diminished but influences like tax law changes and political and economic uncertainty are reshaping giving trends.
It’s no secret that the tech industry has a diversity issue. As CNET’s Erin Carson reports, “the number of women and minorities at technology firms has changed little. Sometimes the numbers stay flat: From 2016 to 2017 Apple stayed at 32 percent women. Sometimes they fall backward: In 2016, Microsoft lost a percentage point.”
Last month we shared our evolving vision for Fluxx: A philanthropy platform enabling funding and impact for organizations who fund change, and those who carry it out on the ground. Today we’re proud to take a step closer towards that vision through a collaboration with Microsoft’s Tech for Social Impact initiative.
|Darren Walker, President of the Ford Foundation|
The latest wave of donors is changing philanthropy as we know it. Along the way, younger philanthropists are also transforming how foundations work, and specifically creating a need for collaboration through technology.
That was the perspective of the panelists at Fluxx’s sixth annual philanthropic speaker series, A New Age in Philanthropic Giving, held earlier this year at the Ford Foundation in Manhattan. The panel, led by Sam Caplan, now CIO of the Walton Family Foundation, included Darren Walker, president of the Ford Foundation; Nick Tedesco, senior philanthropic advisor at J.P. Morgan; and David Callahan, founder and editor of Inside Philanthropy and author of The Givers: Wealth, Power, and Philanthropy in a New Gilded Age.
The 2018 Peak Grantmaking conference just wrapped up, and what a fantastic time we had connecting with old friends and making new ones. So many members of the Fluxx family come to Peak every year in search of new skills, ideas, and fellowship, and this year was highly successful on all fronts.
ESG, or "Environmental, Social, and Governance," is quickly emerging as the de facto dataset for assessing a corporation's sustainable and ethical business practices.
America is more generous than ever before, according to the 2016 Giving USA report. Specifically, corporate giving exceeded $18 billion, a 3.9 percent increase from 2014. And as giving continues to grow as a personal value, more people are seeking out employers that share the desire to give back. The question becomes, what corporate giving strategy is right for your company?