Related: Charity Begins at Globe
"Boston nonprofits post record fund-raising years; Boston Foundation, Combined Jewish Philanthropies and Fidelity charitable arm’s benefited from the generosity" by Beth Healy | Globe Staff, August 31, 2013
Three of Boston’s largest nonprofit foundations reported record gifts for the past fiscal year, as donors shared gains from a rising stock market and sought to get ahead of any potential changes in charitable tax deductions.
Related: "nonprofits provide new ways for corporations and individuals to influence"
No wonder my new$paper is filled with nonprofit this, nonprofit that. The modern day lords and serfs, kings and crumbs has returned.
The Boston Foundation said it raised a record $131.7 million in donations in the past year, a 26 percent increase over the prior high in 2008, and double last year’s intake. And two other major Boston charitable foundations also saw record years — Combined Jewish Philanthropies and the Fidelity Investments arm that manages charitable accounts for clients....
I'm not even going to type it today. I'm being charitable with my time by even posting this because I am so far behind.
All three groups run what are called donor-advised funds, which allow donors to get their tax write-off when they put the money in an account.
That is at the bottom of their generou$ity, and I have a paid-for pre$$ mouthpiece to get the word out about or good and benevolent overlords.
So the generous large$$e is coming at the expense of the American taxpayer, 'eh?
The donors then typically approve grants over a period of succeeding years to the charities they want to help, from universities and health causes to arts organizations and civic groups....
And now you know how one builds control over a society and all its cultural and educational institutions. The enveloping prism of mind-manipulating media combined with other the inculcation and indoctrination of its ejewkhazional system has just been laid out in front of you.
At Combined Jewish Philanthropies, the group raised $223 million in the 12 months that ended June 30, up 7 percent from its prior record in 2012....
Charitable giving had gained steam late in 2012 amid uncertainty about the US government’s fiscal cliff and after President Obama proposed capping the charitable gift deduction at 28 percent, instead of 35 percent, for families earning more than $250,000. While no such cap has been imposed, the issue could be resurrected.
Related: Sunday Globe Specials: Fiscal Cliff Fraud
That's one hell of a tax "increase" -- and now they are at it again with the budget and debt limit.
Boston’s economy in particular is driven in large part by nonprofits, including universities, hospitals, and arts institutions....
Like I said, king's crumbs. I guess we should be for all the wealth moving upward so they can help us all.
Last year’s surge in gifts came as the broad economy was still recovering....
Well, it only recovered for one group -- the same group now making record gifts. But whatever way you get the money, right? Just as good as taxes, right?
Grant-making did not drop off in the downturn the way gifts did....
--more--"
Hey, it's an insane economy.
Also related:
"OCCUPY ECHOES -- About 100 members of Occupy Wall Street returned Tuesday to the small plaza near the New York Stock Exchange that once teemed with thousands of people protesting financial inequality, marking the second anniversary of their movement's beginnings. Other protesters were scattered in smaller groups around New York City (Boston Globe September 18 2013)."
Ah, it was an Occupy to remember. even if all I got was this lousy printed photograph that didn't make the web version. I wonder if those kids made it.
Just empty echoes now.
