Authored by Shelley Whelpton and Andrew Schulz, Arabella Advisors
The rules of policy influence have changed, and the philanthropic sector needs to adapt accordingly. Last month marked the fifth anniversary of the Supreme Court’s decision on Citizens United, which removed many restrictions on spending in political campaigns. In the wake of that ruling, high-risk, high-reward players—most notably high-net-worth individuals—were the first to test the new boundaries of money in politics. Meeting little resistance, they have pushed further than ever before. As more resources pour in, foundations and nonprofits will have to find new ways to have a voice in policymaking or risk ceding influence over national policy to those who are willing and eager to play by the new rules.
Read the complete blog post below.