What Biden’s Win and the Stock Market Surge Mean for Giving

What Biden’s Win and the Stock Market Surge Mean for Giving

Nov 12, 2020 The Philanthropy Roundtable

Philanthropy Roundtable president and CEO Elise Westhoff was quoted in a Chronicle of Philanthropy article about how a Joe Biden administration could change philanthropy—and how conservative donors are likely to respond. You can read the full text here, or see her comments below. 

Elise Westhoff indicated that members of the Roundtable are likely to have priorities that won't change drastically in the next four years. 

“We’re not a political organization; we’re an organization based on principles,” she says. “If a donor thinks that those principles are under attack in some way or less likely to thrive under certain leadership, I can understand that they would want to invest more heavily in them. But our donors have committed missions and donor intent, and those don’t change with an election.”