To better connect charities with individual donors and vice versa, Dr. Keith Leaphart founded Philanthropi
Philanthropy is big business in the U.S. Americans — including U.S.-based foundations, corporations and individuals — gave more thanto philanthropic causes in 2020. Who gives the most? Corporations tout charitable projects and billionaires make headlines for their large donations, but 80% of monetary donations are made by everyday people. Yet the philanthropic industry isn’t designed for this dynamic. Dr.
“When I looked at my relationship with nonprofits — I’ve met with thousands of them — they never wanted to talk with Keith Leaphart the entrepreneur, or Keith Leaphart, the business owner,” Leaphart tells. “They always wanted to talk to Keith Leaphart, the chair of the foundation. They are designed to go after the largest dollar they can get, so they can only go after the smallest piece of the pie.
Philanthropi is designed for corporations and financial service companies looking to enhance their charitable efforts. Its platform enables client employees or customers to set up their own individual “impact accounts.” These micro donor-advised funds — which come with tax advantages — typically require a certain amount of capital to get started which can start at $10,000 for some organizations; this eliminates that.
“Philanthropy can seem transactional and not personal but it’s a very personal experience,” Leaphart says. “Having a personal foundation means every time that [someone] gives a gift, it’s coming out of their legacy.” Leaphart says during the pandemic they recognized a new way the tech could make an impact too — internal philanthropy at companies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
See Bono Perform U2's 'Running to Stand Still' at Dublin's Annual Christmas Eve BuskSinger appeared during livestream inspired by Glen Hansard’s annual Grafton Street charity event
Read more »
How this 26-year-old CEO went from joking about dropping out of college to running a $4 billion companyLast month, 26-year-old Alex Rodrigues took self-driving truck start-up Embark public, becoming one of the youngest-ever CEOs of a billion-dollar company. Here's how he got there.
Read more »
North Yorkshire Covid rate 'a week behind' LondonThe number of Omicron cases remains 'relatively small' but will rise, a county health official says.
Read more »
36 Of The Best Food Hacks And Kitchen Shortcuts I Learned In 2021 (And I've Seen A Whole Lot)Instantly upgrade boxed cake mix, make better pasta with one simple ingredient, and so much more.
Read more »
Small Mericies: The TikToks That Tooted Us Through This YearWe spent too many hours on this app, and honestly, it helped
Read more »
Russian court slaps Google, Meta with massive finesA Moscow court has fined Google nearly $100 million and Facebook's parent company Meta $27 million over their failure to delete content banned by local law.
Read more »