Dear Reader,

Thanksgiving is around the corner! Generosity, curiosity and discernment stand out as themes in our work this month. Our team has been hard at work supporting families and corporations make year end philanthropic decisions as well as planning for 2025's goals. This month, we facilitated a panel on next generation leadership at Philanthropy Southeast's Annual Meeting; we've been on a number of compelling site visits including a visit to Turn90's new Charleston facility; and we're busy planning a next generation family retreat the first weekend in December.

Place-Based Funding: Why Philanthropists Choose this Strategy?

As a philanthropist, you have the exhilarating opportunity to maximize your impact with your charitable dollars, your time and your connections. Early on in the planning phase, you may consider: Should I focus on a specific issue or a specific place to drive my philanthropic efforts? Or maybe it is a combination of the two. We see philanthropists derive much satisfaction from building deep partnerships in a specific community to help local leaders solve big problems. According to a survey conducted by the National Center for Family Philanthropy (NCFP), 66% of family foundations that focus on a specific geography do so at a local level; this approach not only addresses systemic inequalities but also empowers local stakeholders to drive sustainable growth from within.

Client Spotlight

What We've Been Up To

What's Inspiring Us

Unrestricted Giving

MacKenzie Scott Just Dumped Billions in Amazon Stock. She Now Has More Cash to Give Away. - Barron's (5 minute read)

MacKenzie Scott is getting organized for her next tranche of giving. We're excited to see how she directs these transformative donations to empower front line nonprofit leaders to invest in their missions. Thank you, Barron's, for the opportunity to speak with you on the topic! Be sure to check out Kaky Grant's quotes throughout the article.

Increase in Volunteerism + Civic Engagement

Volunteering and Civic Life in America Research Summary 2024 - AmeriCorps (13 minute read)

Volunteerism has rebounded in the US returning closer to pre-pandemic levels. AmeriCorps reports that nearly 30% of Americans volunteered between 2022 and 2023. About half of Americans informally help a neighbor, friend or coworker. This is an increase from their previous study as well. We find this increase in civic engagement, contrasted with the nation's decline in giving, to be compelling.



Nonprofit Policy + The Next Administration

Critical Nonprofit Policy Issues the Next President and Congress Will Face - The Chronicle of Philanthropy (5 minute read)

This piece explores the key issues at stake for the philanthropic and nonprofit sector as a new administration takes power in Washington. Leaders in the field are watching closely to adapt their practices.

Happy Thanksgiving! We wish you time to reconnect with family, friends and community as you celebrate the holiday.



Gratefully,

Kaky + The GPA Team