Posts Tagged ‘philanthropy’

Charitable Deductions and New Tax Law

Charitable Deductions and New Tax Law

By The Banker | Blog Posts, Inequality, Investing, Taxes, Texas

Happy Final Tax Filing Day everyone. How charitable do you feel right now? My accountant filed for an extension for me, so I’ll let you know in mid-October how I’m feeling, thanks for asking. Anyway, one of the potential big changes resulting from the 2017 Tax Reform is the treatment of household charitable contributions, starting […]

Cash Transfers and Hurricane Relief

Cash Transfers and Hurricane Relief

By The Banker | Blog Posts, Texas

In response to the extraordinary needs of their city after Hurricane Harvey, Houston philanthropists John and Laura Arnold first gave $5 million to the “Greater Houston Community Foundation’s Hurricane Harvey Relief Fund,” aka the “Mayor’s Fund.” Following that gift, however, the couple made a second $5 million gift to an atypical organization named GiveDirectly one […]

The Red Cross And Other Disasters

The Red Cross And Other Disasters

By The Banker | Blog Posts, Texas

For people with resources to give for Hurricane Harvey relief, an important question has arisen this month: How do I decide where to give money? Among people who live in coastal Texas cities and towns, many donors probably already choose an organization they personally know, with a well-defined and limited mission, a local network of […]

DAF and Dying With A Surplus

DAF and Dying With A Surplus

By The Banker | Blog Posts, Investing, Texas

If you face the high-quality problem of finishing your life with too much money, you’ve probably already figured out that three groups, and three groups only, get your surplus: The government, your family, and your preferred charities. Of these, we typically all agree about leaving the lowest legal amount to the government. Then we face […]

In Defense of John Paulson

In Defense of John Paulson

By The Banker | Blog Posts, Wall Street

I feel like there are lessons about philanthropy in John Paulson’s $400 million gift to Harvard that I haven’t seen explained yet. I don’t know John Paulson (maybe that’s already obvious?) but I feel like I know a little bit about how he thinks, having worked with, for, and as a mortgage bond professional, and […]