One the biggest trends in philanthropy of the last thirty-years is the rise of donor-directed or restricted giving. Donors want more control, which typically results in more restrictions being placed on gifts. But there are risks of placing restrictions on a charitable gift by will. Failure and Cy Pres Simply,…
Tag: trust-based philanthropy
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An “ah ha” of COVID-19 is the importance of unrestricted giving to charity. Donors, foundations and charities are realizing that excess conditions may hinders responses to urgent social needs. Will this insight last beyond the pandemic? And does it apply to estate donations? Trust-Based Philanthropy First a bit of context. …