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Dean Montgomery of the Health Systems Agency performed the research for the Community Foundation’s report on Aging, released in January 2014. This post is his second about this report.Though demographic indices and trends for Northern Virginians 65 and older are, on the whole, highly favorable, there are nevertheless problems that merit greater scrutiny and remedial intervention where possible. Challenges that arise from current circumstances and that are likely to be exacerbated by ongoing population changes include:
- Lack of health insurance: A large number of older residents do not have health insurance. This results from the surprisingly large number of older Northern Virginians who do not qualify for participation in the Medicare program. About 8.5% of the region’s older residents are without Medicare coverage. This is more than twice the Virginia and U.S. rates of about 4.0%.
Dean Montgomery of the Health Systems Agency performed the research for the Community Foundation’s report on Aging, released in January 2014. This post is one of two about this report.A major demographic shift is underway in Northern Virginia. Over the next two decades the elderly population will grow much more rapidly than any other population group, more than doubling between 2010 and 2030. In 2010, there were 192,589 Northern Virginians 65 years of age and over. That population will grow to more than 326,000 by 2020 and to more than 429,000 by 2030. There will be substantially larger elderly populations in all local jurisdictions over the coming decades.
It has long been assumed that population aging portends consequential social change. Aging is associated with deteriorating health, increasing disability and dependency, social isolation, and growing economic insecurity. In addition to greater stress on elderly individuals and their families, there is concern that larger numbers of older people may tax the social, economic support, and health care services likely to be needed by an aging population.
Future Fund members Carrie Lake, Amy Takayama-Perez, Julie Simmons, Katy Moore, and Jessica Tadlock BeasleyIf you're like me, you probably have a trusted advisor who helps you navigate the often complicated landscape of financial investments and wealth management. These trusted advisors help us set goals, help us develop a plan to achieve those goals, and, ultimately, give us confidence that we're getting the best return on our investments.And, again, if you’re anything like me, you don’t give nearly as much thought or effort into how you’re investing your philanthropic dollars. But what if I told you that I had found a trusted advisor to help me with my charitable giving? Well, actually, I don’t have just one trusted advisor – I have 130!
This is the final of four blog posts from Joan Kasprowicz and Diana Katz, co-founders of the Giving Circle of HOPE (GCH) at the Community Foundation for Northern Virginia, celebrating its 10th anniversary this season.Word spread that the organization funded by the GCH was operating with a new automated volunteer management program. Questions arose. “Why can’t we expand the use of this application to all the organizations that provide volunteer rides? How about the Elder Villages that are sprouting all over the County? They could use this too!”
This is the third of four blog posts from Joan Kasprowicz and Diana Katz, co-founders of the Giving Circle of HOPE at the Community Foundation for Northern Virginia, celebrating its 10th anniversary this season.Once philanthropists cross the line into strategic philanthropy, it is truly a transformation. They acquire a panoramic view of the needs in the community and of the organizations that are working to meet those needs. Many nonprofits are so focused on their mission and so overworked; they do not see the connections that they can make, the gaps in service that may exist, or even the new technologies that they can use. Many times, the GCH can.
This is the second of four blog posts from Joan Kasprowicz and Diana Katz, co-founders of the Giving Circle of HOPE at the Community Foundation for Northern Virginia, celebrating its 10th anniversary this season.During the early years (2004-2006) of the Giving Circle of HOPE, the Human Services Coalition of Fairfax County morphed into the nonprofit coalition NonProfit NoVA, an affiliate of the Nonprofit Roundtable of Greater Washington. The GCH joined that coalition with the intention of learning even more about the nonprofit world that we were funding and the service projects that we were supporting. The relationships we built there were instrumental in giving us valuable insights into the potential impact of our giving.
This is the first of four blog posts from Joan Kasprowicz and Diana Katz, co-founders of the Giving Circle of HOPE at the Community Foundation for Northern Virginia, celebrating its 10th anniversary this season.In the late 1990s and early 2000s there was a buzz about a new trend in philanthropy: collective giving. It was best exemplified by giving circles: groups (mostly women) who pooled their money and decided together how to give it away. They were at their core grant-making groups that were grassroots in nature. Giving circles caught the attention of researchers and foundations because they increased the donor pool and were contributing to the tune of $100M a year to philanthropic causes!
The Giving Circle of Hope (GCH) was one of those giving circles, a small group of like-minded friends who wanted to make a difference. Formally launched in 2004, the GCH had as its mission to “help people in need in Northern Virginia,” with goals to increase volunteerism and philanthropic giving, build community, encourage self-sufficiency, and to build a network that is a catalyst for positive change. The latter turned out to be a prophetic choice of words.
This is the third post reviewing the book ”Why Philanthropy Matters: How the Wealthy Give, and What It Means for Our Economic Well-Being” by Zoltan J. Acs (Princeton University Press 2013)In “Why Philanthropy Matters”, Zolton Acs explains how American style capitalism has developed, evolved, and fueled philanthropy. He describes the history and evolution of American capitalism, from the masters of commerce in colonial America, to the industrial revolution of the late 19th century, to the “managerial economy” of the early and mid-20th century, to the “entrepreneurial economy” of today. In doing so, Acs answers the question “Why did the information revolution happen in the US?” The short answer is this:
This is the second post reviewing the book ”Why Philanthropy Matters: How the Wealthy Give, and What It Means for Our Economic Well-Being” by Zoltan J. Acs (Princeton University Press 2013)A core idea from ”Why Philanthropy Matters” is that the classic arc of American capitalism starts with opportunity. Only then does it move to entrepreneurship and innovation, wealth creation, and ultimately philanthropy. This cycle of American-style capitalism has endured for centuries. Acs is fascinated with the question of why does capitalism flourish here? He believes it is because American policies, laws, and societal structures have not only made it possible but encouraged it. Indeed, our institutions are fundamentally different from the rest of the world in this regard.
This is the first post reviewing the book ”Why Philanthropy Matters: How the Wealthy Give, and What It Means for Our Economic Well-Being” by Zoltan J. Acs (Princeton University Press 2013)Zolton J. Acs makes a persuasive and scholarly case that American philanthropy is essential to American-style capitalism because it continuously revitalizes our economy and invests in the middle class.
Acs has spent a considerable portion of his professional career studying entrepreneurship in the US and Europe and has the ammunition to back up this theory with good evidence. He starts with a discussion of the Giving Pledge, reprinting word for word several pledge letters written by such philanthropists as David Rubenstein, Peter Peterson, Bill and Melinda Gates, Warren Buffett, George Kaiser, and David Rockefeller. One of the primary repeating themes you find in those letters is at the core of Acs’ book – the idea that philanthropy is intended by those who engage in it to create new opportunities for the next generation of entrepreneurs, and in doing so, becomes essential fuel for American capitalism.
