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Writings by Randall

Posts tagged Philanthropy
The Business Case for Philanthropy in Education-- A Win-Win for Students and Employers

Corporate philanthropy is shifting, with companies increasingly prioritizing workforce development over traditional DEI-focused initiatives. As Nebraska students face declining reading proficiency, businesses have a direct stake in supporting education to build a future workforce with essential skills. Investing in literacy and numeracy programs is not just an act of generosity—it’s a strategic move that ensures companies have a qualified talent pool for tomorrow’s economy.

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Philanthropy Must Be Blind and Pure By Embracing the True Meaning of “Love of Mankind”

Philanthropy, at its core, should embody unconditional love for humanity, yet too often, charitable efforts are clouded by judgment and bias. Many individuals in need avoid seeking help due to the stigma attached, contradicting the very essence of giving. True philanthropy must be free of moral superiority, operating on trust, dignity, and partnership rather than control. By removing barriers and embracing compassion, nonprofits can ensure that giving uplifts rather than scrutinizes—fulfilling the true meaning of philanthropy.

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Too Much Focus on Cash? What About Assets?

Most people give to charity during their lifetime, yet fewer than 10% include a charitable bequest in their estate plans. Even among high-net-worth individuals, only about 15% designate gifts to nonprofits, despite an impending $85 trillion wealth transfer over the next 25 years. This disconnect often stems from a lack of conversation—philanthropy isn’t top of mind in estate planning unless advisors proactively introduce it. By normalizing these discussions and highlighting the simplicity and impact of planned giving, donors can align their wealth with their values, leaving a lasting legacy for future generations.

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We’d Better Figure This Out

Fewer households are giving to charity, with the percentage dropping from nearly two-thirds two decades ago to just 45.7% today. While total charitable donations remain high, they are increasingly concentrated among wealthy donors, raising concerns about the long-term stability of nonprofit funding. Economic pressures, shifting demographics, and evolving giving preferences all contribute to this decline, forcing nonprofits to rethink their strategies. The real question is—what happens when major philanthropists decide to pull back, and how will nonprofits adapt to a changing landscape of generosity?

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Christmas and the Connection to Philanthropy

This holiday season, we’re reminded of the powerful connection between philanthropy and the spirit of Christmas, as seen in A Christmas Carol. Just like Scrooge’s transformation, giving brings joy, fulfillment, and lasting change, not only for those in need but also for the giver. Philanthropy inspires ripple effects that strengthen communities and brighten futures. Wishing you a joyful Christmas filled with love, hope, and the spirit of giving.

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