Nonprofit endowments are donations pooled together and invested in the stock market. At the end of the year, a portion of this money goes to the charity, but the principal amount remains in the market. Many smaller nonprofits may think of endowments as a pipe dream, but any size organization can start an endowment fund.
I remember when people were in awe of email. They loved it.
Until they didn’t.
The convenience –the ability to communicate directly and personally in writing regardless of time zones and free of telephone buzzy signals or answering machines and fax machines—was astounding.
Years ago I was introduced to an adage that has been largely attributed as being an old Chinese Proverb, indifferent to its origin the meaning is still sound. It says, “The best time to plant a tree was 30 years ago, the next best time is today.”
During Q&A sessions in speeches or panels I often get asked by #nonprofits when should we start collecting #data? I share that adage with them. We just went through Giving Tuesday and aside from end-of-year fundraising, this is where we see a lot of nonprofits make mistakes with their data.
This article highlights five of the biggest issues we see nonprofits encounter with their data.
For me, I am a fundraiser because I believe the nonprofit sector can do a lot more to reduce poverty; so I raise funds toward achieving that aim, toward securing the necessary capital for designing and implementing anti-poverty policies and program solutions. With Gandhi, I believe that “Poverty is the worst form of violence.” That’s why I’m a fundraiser, and why I’m also committed to the constant improvement of my vocation. I wrote more about what a fundraiser does at this blog post.
National Philanthropy Day (NPD) is celebrated annually on November 15. This day signifies the importance of working together for the common good.
By Jan Masaoka While this may surprise those who follow philanthropy’s every move, Congress only rarely passes laws that directly regulate philanthropy. The last truly foundational law regarding philanthropy was passed in 1969. That was the law that mandated a 5% minimum payout from private foundations, among other provisions (such as prohibitions against self-dealing). Of course, a lot has changed in philanthropy since 1969! Consider, for example, the donor-advised fund, or DAF. The first DAF may date back to 1931, but the significance of DAFs has increased markedly in the past half century, with the number of assets held in
By Eddie Whitfield. As we enter our third year of the Trust-Based Philanthropy Project, we’re reflecting on the stories of leaders and organizations that have embraced trust-based philanthropy and what connects them. In September, we launched the Trust-Based Story Map, which highlights the personal journeys of leaders from across the United States who are adopting a more trust-based, power-aware approach to their work. As we take a closer look at these stories collectively, some powerful themes are emerging about what inspires the adoption of trust-based philanthropy and what we can learn from the trends we are seeing. Diversity in Lived
Six steps to making a grants assessment. By Laurence A. Pagnoni, MPA and Sheldon Bart Here’s a tale of two real nonprofits. Let’s call the first one Amazing Youth, and the second The Real Deal Healthcare. Amazing Youth operates a transitional shelter for homeless youth limited by law to a modest number of residents, fewer than 10. The Real Deal Healthcare operates a community health center serving thousands of low-income patients. Both are LAPA clients. What they have in common is that for many years both neglected private grant revenue. Eventually, each one came to understand the value of outsourcing
By: Al Cantor November marks the tenth anniversary of Professor Ray Madoff’s New York Times op-ed calling for new rules that would accelerate grantmaking from donor-advised funds. Over the years since, as the amount of money in donor-advised funds has grown from $25 billion to $142 billion, the DAF industry has pushed back strongly against Madoff and other reformers, relying on a familiar set of arguments to justify the status quo. These assertions have long rung hollow. Now, thanks to research that has come to light in the last few months, it’s increasingly evident that the talking points of the DAF industry are utterly without
By Laurence A. Pagnoni, MPA What the heck is Philanthropy Operations, and why is it important? The fundraising positions of Director of Development or Chief Development Officer are familiar, but what do Directors of Philanthropic Operations (DPOs or Ops. Dir.) do? And why is the function less well known? (Those of you in higher education may know the function as “Advancement Services.”) A focus on Philanthropic Operations becomes necessary as your development function grows and as you seek to deepen the quality of your advancement work. The position or function is less well known because so few nonprofits truly invest