The Insight Hub asked Vermont Community Foundation Vice President for Philanthropy Stacie Fagan to articulate three ways giving can inspire hope this year.
Viewing category: Giving 101
According to a Federal Reserve study, only 19 percent of transactions were made with cash in 2020, down seven points from the year before. But when it comes to philanthropy, the cash-is-king mindset is still strong.
Private foundations were once the primary giving vehicle for many families and individuals, but new models like the donor advised fund have shown to be advantageous for some.
As the wealth transition unfolds, there are strategies for family members who are both giving and receiving to set themselves up for success as they work to reduce inequities, fight racism, nourish science, and create a better Vermont and better world. Our latest brief highlights three of these strategies.