Tag Archives: Nonprofit

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Cumberland Advisors Market Commentary – The Fed & Nonprofits

Author: David R. Kotok, Post Date: July 21, 2020
Market Commentary - Cumberland Advisors - The Fed & Nonprofits

The extraordinary and massive COVID-19 economic shock has triggered another first-time action by our nation’s central bank. The Fed now has expanded a facility directed at lending to nonprofits. Among those nonprofits targeted are “educational institutions, hospitals, and social service organizations.” Here’s the link to the July 17 press release announcing the modification of the […]

Cumberland Advisors Market Commentary –  COVID-19 Impacts & Philanthropic Opportunities: GGA Interview with Atlanta Fed President Raphael Bostic

Author: David R. Kotok, Post Date: May 31, 2020
Interview between Lydia Clements & Atlanta Fed President Raphael Bostic

Good Sunday Morning, and please take some time for a walk with your earbuds. We have for you a video call between Lydia Clements, director of the Georgia Grantmakers Alliance, and Raphael Bostic, president and chief executive officer of the Atlanta Fed: https://www.youtube.com/watch?v=EWIj8iNV6QU. At the SECF website the Georgia Grantmakers Alliance (GGA) is described as […]

Cumberland Advisors Market Commentary – New Trends in Charitable Giving & Declining Confidence in Institutions Examined

Author: Gabriel Hament, Post Date: December 19, 2019
Market Commentary - Cumberland Advisors - New Trends in Charitable Giving & Declining Confidence in Institutions Examined by Gabriel Hament

Over the last few decades, trust in key public institutions has been eroding. Here are some recent figures compiled by Gallup (https://news.gallup.com/poll/1597/confidence-institutions.aspx) that document this trend: In 1973, 42% of respondents said that they had a “great deal or quite a lot” of confidence in Congress. In 2019, only 11% expressed that level of confidence. In […]

What are the Do’s and Don’ts of New Year’s resolution-making?

Author: , Post Date: December 19, 2018
Cumberland-Advisors-Gabriel-Hament-In-The-News

Excerpt from What are the Do’s and Don’ts of New Year’s resolution-making? 12/19/2018 There are two components to New Year’s resolution-making: (1) The development of meaningful and attainable goals. (2) Tracking progress toward reaching these goals. – Do identify 1-2 goals associated with each “category” of your life, e.g. professional development, fitness and nutrition, financial. […]

Donor-advised funds: Donation warehouses or a democratic vehicle for philanthropy?

Author: , Post Date: November 26, 2018
Cumberland-Advisors-Gabriel-Hament-In-The-News

Excerpt of “Donor-advised funds: Donation warehouses or a democratic vehicle for philanthropy?” by Gabriel Hament Source: Sarasota Herald Tribune 11/26/2018 The long-standing debate surrounding the lightly regulated world of donor-advised funds has been gaining traction on the pages of the Nonprofit Quarterly. For those unfamiliar with them, donor-advised funds are a philanthropic vehicle housed at […]

Donor-Advised Funds (DAFs): Warehouses of Charitable Dollars or a Democratic Vehicle for Philanthropy?

Author: Gabriel Hament, Post Date: September 25, 2018
Gabriel Hament, Foundations and Charitable Accounts, Cumberland Advisors

The long-standing debate surrounding the lightly regulated world of donor-advised funds has been gaining traction on the pages of the Nonprofit Quarterly (NPQ).[1] To help frame the discussion, here are some bullet points from Bruce DeBoskey on the history and growth of DAFs, published by the Denver Post: (*) “Today, there are about 300,000 DAFs […]