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How to Prepare for the Looming Changes in Corporate Giving
Articles

How to Prepare for the Looming Changes in Corporate Giving

Giving USA’s estimates of giving for 2024 show a promising trend in corporate giving. Unfortunately, these trends are about to encounter stiff headwinds. The “Big Beautiful Bill” will upend the tax code, so we can expect significant changes to philanthropy, including giving by corporations and their foundations. Past changes to the corporate tax structure have correlated with especially significant shifts in corporate giving. Read on to see how.

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Leadership Transition Checklist. Download now
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Leadership Transition Checklist

As a board member, one of your most important tasks is to hire and evaluate the executive director. Yet many board members find themselves unprepared when faced with an unplanned transition. The board chair often receives a phone call from a leader who has just accepted another opportunity; even if there is a succession plan in place, it can be difficult to know how to proceed.
The first step is to acknowledge that an executive director search is not any ordinary hire: it’s a pivotal opportunity to shape the vision for your organization’s future. The way you respond to the news of an executive’s departure can shape the future of the search and the organization, inspiring confidence and setting forth a vision.
This checklist will help get your search off on the right foot, to engage and align your stakeholders and pave the way for future leadership.

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Featured: Giving USA 
2021 Infographic
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