Tips on Advanced Fundraising
As year-end giving is now upon us, discovering why donors stop giving will provide you a keen understanding of what you need to improve on to get higher fundraising returns.
A new Bank of America report found that 28% of wealthy donors stop giving to a nonprofit that they supported in the previous year.
Three new realities distinguish 2021 year-end giving. Engaging these new realities can significantly increase your year-end giving drive. They are…. You can now add a “donate” button to your Zoom events. Donor-advised funds have grown to gargantuan levels. Engaging giving circles should be a part of your strategy. While the fundamentals of year-end giving still apply, and I describe them in great detail here, 2021 also brings us three
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
by Roger Craver A wise fundraiser constantly searches for new approaches. “New” in terms of sources and approaches to giving beyond the conventional landscape on which most fundraisers graze. I write to sharpen your focus on the growing importance of the giving circle when it comes to diversifying and democratizing philanthropy. According to Philanthropy Together, there are 2,000+ giving circles in the U.S. involving approximately 150,000 donors who have contributed $1.29 billion. You’ll
Baby Boomers will pass on more than $30 trillion in wealth to the next generation over the ensuing 25 years — and they are deciding right now who to leave their estates to. Further, the Coronavirus pandemic has stimulated a rapid rise in estate planning and legacy or planned giving, as well as a drop in cash gifts due to economic uncertainty. That’s why taking advantage now of August
Mother Jones illustration; Jörg Carstensen/Getty By Laurence A. Pagnoni Much has been written about the extraordinary grantmaking of businesswoman MacKenzie Scott. With a net worth of $65.3 billion, much more giving is expected. Scott is a member of the Giving Pledge. When she signed the pledge, she said, “I have a disproportionate amount of money to share. My approach to philanthropy will continue to be thoughtful. It will take