The annual gala to benefit a nonprofit group, even one with a good cause? Feels rather old-fashioned. Those glossy annual reports? The money could be better spent. And, please, no generic requests for money.
At least that's how a growing number of the wealthy feel about their relationships with the nonprofit organizations that are seeking their donations, according to a new report, " Transforming Partnerships With Major Donors ," by the Leadership Story Lab, which works with companies and nonprofit organizations on their messaging. The report found that the wealthy would prefer that nonprofit groups updated their approaches and made their pitches more personalized.
Quite a lot has been going on:
Investing ABCs: Teaching your kids about money and markets - StarTribune.com
The recent stock market mania over the video game company GameStop, which this week was scrutinized by Congress, has provided a teachable moment for kids.
The Associated Press talked to a few parents and financial experts for their tips on talking with kids about investing and the often confusing behavior of financial markets. Here's a summary of what they had to say.
* * *
Parents should make sure kids understand money basics before they try to conquer investing. Once they're ready, don't overwhelm kids with too much information at once — you risk them missing the lesson and losing interest.
Hunter Henry sets money, good QB as free agency priorities - ProFootballTalk
Henry is set for unrestricted free agency once as long as the Chargers don’t tag him again or lock him up before the start of the new league year. During an appearance on SiriusXM NFL Radio, Henry said he’d never rule out a return to the Chargers before adding that he feels he has to be open to any development.
He also touched on what he’s looking for. He said that he’d be lying if he didn’t say the financial side of things was a priority, but he has one other thing he’s also looking for in his 2021 team.
What you don't know about your money | wfmynews2.com
GREENSBORO, N.C. — You make the money, you spend the money, but that doesn't mean you know the best way to make your money work for you. Whether it's how much debt is too much or what bills to pay to up your credit score or finding out why overdraft protection is good and bad, getting answers from experts is the way to go!
TODAY, Michelle Shanks, Regional Partnership Manager from Summit Credit Union, and Nathan Grant from Credit Card Insider join us to answer your questions. Text 336-379-5775.
In case you are keeping track:
Noem Bill Would Make Dark Money Disclosure Illegal – Sludge
South Dakota Gov. Kristi Noem has made headlines lately for allegedly misusing taxpayer dollars by using the state plane to travel to right-wing political events held by groups like the National Rifle Association and Turning Point USA. But while much of the state's attention on Noem turns to that scandal, she is quietly in the final stretches of a legislative push that watchdog groups say could protect dark money forces in South Dakota elections.
Noem, who is up for re-election in 2022, is behind a bill making its way through the legislature that would prohibit the Board of Elections and other state agencies from requiring nonprofits or charities, including those that spend money on politics, to disclosures that are "more stringent, restrictive, or expansive" than what is required by state or federal law. Nonprofits are not required to report their donors publicly or to the federal government.
Magic Money for the Rich - WSJ
President Biden's first G-7 meeting Friday is teed up as the launch of his "America is back!" tour. We wonder if he'll boast about Treasury's plan to finance the largest share of an International Monetary Fund dump of $1 trillion into the global economy—without Congressional approval.
The official Treasury line is that it wants to work with international financial institutions to help "low-income countries who are struggling to respond to the pandemic." Sounds nice until you look under the hood. What you see is a plan to use the IMF to subsidize mostly rich and middle-income countries, leaving the poor with little.
How much money you should have saved for retirement by 30, 35 and 40
Around 75% of retirees say that uncertainty over having a fully funded retirement is their biggest fiscal stressor, according to the 2020 Four Pillars of the New Retirement study by investment company Edward Jones.
CNBC crunched the numbers, and we can tell you how much you need to save now to safely get $40,000 of passive income every year in retirement.
First, some ground rules. The numbers assume you will retire at 45, have no money in savings now and plan to save a substantial amount of income to reach your goal.
How Much Is Clutter Costing You?
Sorry, savers: You're actually losing money on all that clutter. Here's why, plus how to address the problem.
Happening on Twitter
A Utah senator should not be raising money with extremists for his reelection campaign. https://t.co/i5xZCDrbZx EvanMcMullin (from Salt Lake City) Sat Feb 20 02:47:11 +0000 2021
@mattgaetz @RepAOC is raising money and helping @tedcruz constituents because he won't. @BetoORourke is helping C… https://t.co/1UdbSWvVFO CheriJacobus (from Washington, DC) Fri Feb 19 15:56:47 +0000 2021
I'd like to point out to Texans and Republicans everywhere that while your boy Ted was jetting off to Cancun and ot… https://t.co/WMGnqkvrdO Josh_Moon (from Alabama, USA) Fri Feb 19 05:03:36 +0000 2021
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