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New Report Says Charities Lost $300 Billion in 5 Years in Part Because Donors Stashed Money in Advised Funds May 4, 2021 New research from two scholars who are advocating for new rules on foundations and donor-advised funds suggests “working charities” lost $300 billion in recent years due in large part to the proliferation of donor-advised funds. According to a new data analysis from Boston College law professor Ray Madoff and James Andreoni, an economist at the University of California at San Diego, charities lost out on that sum from 2014 through 2018 as charitable don...

Yves here. While this paper pursues a very important question about norms, I have strong doubts about its conclusions, which is basically that there are clear tipping points and they are durable. For instance, abortion rights are far from settled in the US. The women’s liberation movement made the huge tactical error of not getting abortion rights enshrined in legislation, and instead relied on the Supreme Court to hold their win. Richard Nixon made sure that abortion rights meant less than they seemed to by refusing to fund the procedure. And despite the belief that women can get an aborti...

The Surprising Mental Health Benefits of Volunteering A program in Connecticut offers psychotherapy in exchange for voluntary service in the community. But the act of volunteering itself can have mental health benefits of its own. 33 Empowerment, agency, and control. Impact, self-esteem, and social connections. A sense of meaning, a sense of purpose, a sense of contributing — and with all that, a feeling of reward. All are elements in the psychological impact of volunteering. And all are critical pieces of Volunteers in Psychotherapy, a West Hartford, Connecticut, program that offers pure t...