- Macron leads G7 talks regarding global economic imbalances, including warnings against industrial overcapacity and involving China and the IMF.
- Geo-economic fragmentation, geopolitical tensions, and trade barriers are impacting emerging markets and leading to the weakening of multilateral institutions.
- Tighter U.S. monetary policy and geopolitical conditions are impacting emerging markets and the global economy.
Inflation Drives Philanthropic Inequality, Straining Donor Base
What happened
Ann Graham, CEO of MIB Agents, noted that fundraising is challenging due to economic pressures. She reported that 90% of donations come from only 10% of donors. Everyday donors are shrinking because they are concerned about inflation and other economic pressures, while midlevel and major donors are giving more freely.
From philanthropy.com
Why it matters
Lynn English, president of English Hudson, stated that the impact of the economy on donors cannot be underestimated. This trend indicates that philanthropic inequality is increasing.
Tighter U.S. monetary policy and geopolitical conditions are impacting emerging markets and the global economy. Geo-economic fragmentation, geopolitical tensions, and trade barriers are impacting emerging markets and leading to the weakening of multilateral institutions.
From philanthropy.com