• While this is exciting news (if you’re one of those mega-gift recipients), the picture is not universally rosy. In fact, I’m left wondering how to square the ever-buoyant Giving USA numbers with the recent report by the California Community Foundation and UCLA’s Luskin School of Public Affairs (summarized by Larry Kaplan — https://nonprofitquarterly.org/2016/06/06/charitable-giving-in-los-angeles-declines-considerably-as-big-dollars-go-elsewhere). That study showed that philanthropic giving in the Los Angeles area still has not recovered to pre-2006 levels. So for smaller organizations that don’t receive huge gifts of art or appreciated assets, perhaps that frothy feeling is indeed the sound of unicorn hooves.