The NonProfit Times’ Post

Giving USA 2024: Donors Gave More, Inflation Deflated It ... Giving in the United States reached a new high during 2023 – $557.16 billion – an increase of 1.9% compared to 2022. But the impact was smacked down by inflation of 4.1%, with giving by individuals, bequests, foundations and corporations showing a combined decline of 2.1% compared to 2022 in real dollar impact. https://lnkd.in/ejzdg2kd

Are you concerned about the growing Federal deficits? It is one of the top three concerns I hear from clients when we discuss their financial futures. If you'd like to understand what it would take to reverse growing Federal deficits the non-profit and non-partisan group Committee for a Responsible Federal Budget has created a Fix the Debt game. It allows you to adjust Federal spending and address the debt problem. After you play I encourage you to contact your elected officials to make your voice heard. It's a great conversation starter if you have kids. https://lnkd.in/gTrFSBB9

#AKfiscal's problems start with #akleg who vote to raise revenues in a way that takes a trivial share from them & their donors, zero from non-rez, and goes light on the #akoil industry by shifting the burden instead mostly to middle & lower income #AKfams. https://lnkd.in/g9bX_tW4

It's alarming to witness the postponement (or even the cancellation) of the Pre-sessions due to the liquidity crisis. This delay, including the review of Brazil, will impact future dialogues, particularly concerning children's rights, as outlined by the Convention. It's important to highlight that the UN liquidity crisis was announced by Secretary-General António Guterres in January 2024. Basically, the UN budget relies on contributions from governments. The contribution of each country depends on its weight in the world economy, the income of its population and other criteria. However, the contributions are mandatory; if a country spends more than two years without contributing, it loses the right to vote. According to Guterres, the main cause of the liquidity crisis is the incomplete payment of dues by Member States. "In 2023, only 82.3% of the annual quota was collected, the lowest in five years. Only 142 Member States paid in full – the lowest in the last five years". #UN #LiquidityCrisis #HumanRights #ChildrensRights #GlobalAffairs

💰 #FinanceFriday: In many countries, families spend over 80% of their education funds on primary and secondary education, implying that education is not free. Not surprisingly, households spend more money on private schools than on public. Learn more in the #EFW2023: https://bit.ly/473Rd6s #EducationForAll #FundEducation #WorldBank

#AKfiscal's problems start with #akleg who vote to raise revenues in a way that takes a trivial share from them & their donors, zero from non-rez, and goes light on the #akoil industry by shifting the burden instead mostly to middle & lower income #AKfams. https://lnkd.in/g8tQR523

MSPs will vote on the Scottish Budget in Holyrood this week & with too many families across Scotland making impossible choices between putting food on the table, bills or getting into debt, it has to deliver for children. While we’ve seen some good progress to date, thanks in particular to investment in the Scottish Child Payment, unfortunately the Budget as it stands, both stalls and hampers progress. Some of the choices made, such as the decision to freeze the Council Tax rather than invest more into the Scottish Child Payment and the 26% cut to the affordable housing budget, do not align with the Scottish Government’s stated priority of tackling poverty. At a time when 1 in 4 children are growing up in poverty, we need to speed up change, not put on the brakes! As part of the End Child Poverty Coaliton in Scotland, we (much credit here to Fiona King at Save the Children!) have produced a scorecard for the Scottish Budget 2024-25, which you can read here 👉🏼 bit.ly/3I0Wq4h

If you’re in Lebanon, there’s a high chance that you lost your life’s savings in the banks. Here are 5 tips to Save money again, and Invest them in more secure ways. 1. Watch Your Spending: Keep an eye on where your money goes. Cutting back on dining out or other non-essentials can add up fast. 2. *Make Saving a Priority:* Treat saving money like a monthly bill. Set aside a portion of your income each month, no excuses! 3. Build an Emergency Fund: Start small and stash away some cash for a rainy day. It's a lifesaver when unexpected expenses pop up. 4. Invest Wisely: Once you've got your emergency fund going, think about investing for the long term. Just stick with it and avoid trying to time the market. 5. Tackle Debt: Don't let debt hold you back. Keep chipping away at those high-interest balances while still socking away some savings. Remember, every little bit counts! Start small and watch your savings grow over time. #MoneySavingTips #FinancialFreedom #BudgetingMadeEasy"

Indigenes and Residents of Delta state, it's time you Find out what each Local Government Area in your state got as Allocation from FAAC in January 2023. Ask questions about what these funds were used for. It's your right to know ! #OurAllocationOurMoney.