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Ancestor in the Making: A Future Where Philanthropy’s Legacy Is Stopping the Bad and Building the New

NonProfit Quarterly

Image credit: Yannick Lowery / www.severepaper.com Editors’ note: This article is from Nonprofit Quarterly Magazine ’s fall 2023 issue, “How Do We Create Home in the Future? Two things changed how wealth was managed. Reshaping the Way We Live in the Midst of Climate Crisis.” 2 It has been edited for publication here.

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Excessive Wealth Has Run Amok—This Must Stop

NonProfit Quarterly

Why Excessive Wealth Matters Academics and nonprofit activists have long talked about income inequality—and, more recently, have begun to address the more significant issue of wealth inequality. Some excessively wealthy individuals have fortunes and balance sheets larger than the gross domestic product (GDP) of entire countries.

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Meet the New Global Tax Haven, the United States

NonProfit Quarterly

A year ago, Charles Rettig, the Internal Revenue Service (IRS) Commissioner, compared the taxes that the US federal government should collect, at current tax rates, with what it does collect. This amounts to about 9 percent of estimated US total assets and equals roughly eight times the state’s annual gross domestic product (GDP).

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“Educational Purposes”: Nonprofit Land as a Vital Site of Struggle

NonProfit Quarterly

Image Credit: Yuet Lam-Tsang Editors’ note: This article is from Nonprofit Quarterly Magazine ’s summer 2023 issue, “Movement Economies: Making Our Vision a Collective Reality.” At the height of the pandemic, I was swept up in a titanic battle being waged over the right to a city. 1 That city was New Haven, Connecticut.

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How to Restore the Care in Long-Term Nursing Care

NonProfit Quarterly

This article is, with publisher permission, adapted from a more extensive journal article, “ A Tax Credit Proposal for Profit Moderation and Social Mission Maximization in Long-Term Residential Care Businesses ” published last year by Nonprofit Policy Forum. ESOPs also provide workers with important governance rights.