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Between complex gift structures, tax implications, and overhead, the world of charitable giving rarely looks like what PR makes it out to be. We are sitting down with 'The Philanthropy Guy' Rick Peck to expose the real cost of doing good—and what every donor must know before giving. What if the nonprofits spending the most on overhead are actually the ones making the biggest difference? In this episode, host Robert Rubinstein, Founder of TBLI Group, sits down with Rick Peck, CFP®, Chartered Advisor in Philanthropy, and founder of The Philanthropy Guy® — host of the "Money to Give" podcast, broadcast in over 20 countries. After 21 years in charitable gift planning, including a decade at Dartmouth College and Dartmouth-Hitchcock Medical Center, Rick now advises nonprofits, donor families, and wealth advisors on effective giving. We explore: -Why Americans gave $617 billion to charity in 2025 — and why only 17% came from foundations and 8% from corporations, with 75% coming from individuals -The "Uncharitable" documentary's case against the overhead myth: why Wounded Warriors' higher spending made it more effective, not less, and why we don't judge for-profits by the same standard -Why McKenzie Scott's unrestricted, trust-based giving model may outperform traditional, restriction-heavy foundation grants -Rick's own project, the Generosity Collective — an attempt to build a "Moneyball for nonprofits" rating system based on what actually drives impact, not just expense ratios -Why a fast, transactional gift usually means a nonprofit won a battle and lost the war — and how "cultivation" and "stewardship" build the relationships behind seven- and eight-figure gifts -The non-cash assets (real estate, stock, business interests, even cryptocurrency) that nonprofits routinely turn away, leaving major gifts on the table Also referenced: GivingUSA 2026 report, "Uncharitable" (Dan Pallotta), Wounded Warriors, McKenzie Scott, ProPublica (990 lookup), Generosity Collective, Undue Medical Debt "If someone gave you a quick transactional gift and you think that's successful, you're probably wrong — you won the battle, and you probably lost the war." What every donor can do this week: look up a nonprofit you support on ProPublica's 990 database before judging it on overhead alone — check the trend in its actual outcomes instead. Real experience. No greenwashing. For anyone serious about where charitable dollars actually go and what makes giving effective, this episode is essential listening. Timestamps: 00:00 Meeting Rick Peck, The Philanthropy Guy 01:18 From wealth advisor to 21 years in charitable gift planning at Dartmouth 08:31 $617 billion given in the US in 2025 — where it actually comes from 10:06 The myth: only 17% comes from foundations; 75% comes from individuals 23:45 The "Uncharitable" documentary and the overhead myth 26:39 Why nonprofits and for-profits are held to different spending standards 29:16 Building the Generosity Collective: a "Moneyball" rating system for nonprofits 41:23 Why a quick transactional gift usually means you're losing, not winning 51:08 Real estate, stock, and crypto: the non-cash assets nonprofits leave on the table 📌 Subscribe to TBLI Radical Truth for unfiltered, deep-dive discussions with sustainable finance challenging the conventional narratives around impact and the future of finance. https://www.youtube.com/channel/UCDBhRVM93uUnAAtqOMIz_yg?sub_confirmation=1 EXTRACTION How business takes your money, your work, your resources, your data and your future, while presenting itself as something else entirely. Robert Rubinstein's next book, from 30 years inside the system. If this conversation makes you question where your money is actually going, Extraction takes that investigation much further. Follow its progress in the free Radical Truth Discussion Network: https://tblicircle.com/share/Lnu4hDm8ayILGevs?utm_source=manual TBLI GROUP - https://www.tbligroup.com - Robert Rubinstein on LinkedIn: https://www.linkedin.com/in/robertrubinstein/ #Philanthropy #CharitableGiving #Nonprofit #ImpactInvesting #EffectiveGiving #RadicalTruth #Fundraising
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