The decision to spend down all the assets of the S. D. Bechtel, Jr. Foundation was made in 2008, creating significant opportunities as well as some real challenges.
The COVID-19 pandemic has become an economic tsunami for Maryland’s thousands of nonprofits, striking at their financial resources even as the demand for their services has escalated.
Every crisis opens a course to the unknown. In an eye-blink, the impossible becomes possible. History in a sprint can mean a dark, lasting turn for the worse, or a new day of enlightened public policy. Be still, my heart, but I see the latter.
The first quarter of 2020 was one of the all-time worst for the global economy. U.S. stock indices closed on March 31 having lost a fifth of their value over three months, and markets around the world posted similarly deep losses.
Facing stiff criticism, the Treasury Department changed course late Wednesday and announced that Social Security beneficiaries and other Americans who haven’t filed income taxes for the past two years won’t have to take any extra steps to receive
One of the most important policies shaping the future of the nonprofit world was passed by Congress last month: the $2 trillion Cares Act.
I’ve spent a lot of time these past few weeks sitting at my dining room table staring blankly at my computer and wondering “what matters” in the coronavirus era?
Less than three weeks into nationwide school closures because of Covid-19, two narratives have emerged about the role of philanthropy in supporting students through the crisis.