PayPal debuts ‘Grant Payments’ to shift charitable giving from paper checks to electronic transfers

PayPal is expanding further into the charitable donations business with this morning’s launch of support for , the company has announced. The new product has been created in partnership with National Philanthropic Trust (NPT) and Vanguard Charitable and allows Donor-Advised Fund (DAF) sponsors, community foundations and other grantmakers to move their donations electronically through PayPal’s … Read more

Paul Newman’s Daughters Sue Late Actor’s Charitable Foundation

A lawsuit exposing a rift between two of ’s daughters and the late actor’s charitable foundation alleges its leaders are betraying Newman’s directives for his family to be intimately involved in the organization. They allege the Newman’s Own Foundation improperly cut the mandated contributions to entities controlled by the daughters, Susan Kendall Newman and Nell … Read more

Anthony Pellegrino Announces 2022 Charitable Partners of Goldstone Financial Group

OAKBROOK TERRACE, Ill., July 15, 2022 (GLOBE NEWSWIRE) — Anthony Pellegrino of Goldstone Financial Group recently announced their 2022 charitable partners. Goldstone Financial Group has a long history of supporting charities at the local and national level. Goldstone Financial Group supports these efforts through an annual giving campaign and a very active volunteer program. Anthony … Read more

US charitable giving hit record in 2021 but inflation looms

Charitable giving in the United States reached a record $485 billion in 2021, though the increase did not keep pace with inflation, according to a report Tuesday offering a comprehensive look at American philanthropy. The Giving USA report says donations in 2021 were 4% higher than the record-setting $466 billion contributed in 2020. But they … Read more