This Social Entrepreneur’s PROGRESS REPORT

Social Entrepreneur … A person who creates a business to address a social need.
Pulled out of the Bruce Grey County’s “Hawk’s Nest Angel Investors Contest” when Dad died in 2015 because once he was gone, winning meant I would have had to stay in the area, but for personal and professional reasons I did not want to make a permanent home in the contest’s catchment area.
Grateful, however, for the opportunities to be in the contest workshop, present to the review panel from two community foundations, and receive feedback from them and the consultant, all of which has strengthened by business plan and strategies along with the ongoing research and study I have since done.
Now preparing for the next stage of the social entrepreneurship to transform respect from a discretionary value to a global principle … even includes a contest so stay tuned!
Of course, thanks for your interest and stopping by.
Best wishes,

Kaitlin Ann Trepanier

CONNECTING THE DOTS WITH THE RESPECT PRINCIPLE

Founder Entrepreneur Author Artist and Speaker  

© All Rights Reserved 2018 

October 10, 2018

NOTE: Kaitlin’s Smashwords interview and Ebooks available at www.smashwords.com

 

 

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The DARK SIDE of Philanthropy

The ‘Black Hole’ That Sucks Up Silicon Valley’s Money

A fast-growing type of charitable account gets big tax breaks but little oversight

by Alana Semuels is a staff writer at The Atlantic. She was previously a national correspondent for the Los Angeles Times.

Extracted quotes …

The amount of money going from the Silicon Valley Community Foundation to the nine-county Bay Area actually dropped in 2017 by 46 percent, even as the amount of money under management grew by 64 percent, to $13.5 billion.

Though donors receive a big tax break for donating to donor-advised funds, the funds have no payout requirements, unlike private foundations, which are required to disperse 5 percent of their assets each year.

Cantor, the nonprofit consultant, told me that he had met wealthy individuals who said they were setting up donor-advised funds so that their children could disperse the funds and learn about philanthropy—they had no intent to spend the money in their own lifetimes.

“Right now, too many tax-subsidized contributions are being set aside indefinitely—subject to no obligation for them ever to be put to active charitable use,” Madoff and Roger Colinvaux, a professor at Columbus School of Law, wrote in a letter to the Senate Committee on Finance in July.

Read the full story by clicking on the following link …

https://www.theatlantic.com/technology/archive/2018/05/silicon-valley-community-foundation-philanthropy/560216/

May 19, 2018

Shared by …

KAITLIN ANN TREPANIER

Human/Animal Rights Activist Social Scientist Founder Entrepreneur Author Artist

Connecting The Dots With The Respect Principle

©All Rights Reserved 2015