The headline says it all: “Year-End Giving Season Is Bountiful for Charities That Rely on the Wealthy.” Not only is this encouraging news for nonprofits, it’s validating for us. Over our 22-year history, we’ve stressed the incomparable value of high-net-worth donors, and we’ve hit that message even harder during the economic downturn because we know they’re… Read more »
Posts Categorized: Donors
Engaging the Millennial Generation
In our latest enewsletter sent out Tuesday, Wendy wrote about differences in giving by generation. Great minds think alike—this week Giving USA issued a Spotlight report on “Charitable Giving and the Millennial Generation.” It’s packed full of data on the philanthropic differences among generations, along with recommendations on how to engage and cultivate millennials. Comprising… Read more »
Cultivating High-Net-Worth Donors
After a recent meeting with a client and a high-net-worth donor, I was reflecting on the recent data from the 2010 Study of High Net Worth Philanthropy. The study results showed that these donors typically make their giving decisions with their spouse and like to involve their children and families wherever possible. These donors are… Read more »
High-Net-Worth Philanthropy Study Published
Yesterday, the 2010 Study of High Net Worth Philanthropy was released. Produced by Bank of America, Merrill Lynch, and the Center on Philanthropy at Indiana University, this is the third edition of the study, which was also issued in 2008 and 2006. High-net-worth households are defined as those with annual incomes of $200,000 or more,… Read more »
Making the Most of Changes in Corporate Giving
This past Saturday I was interviewed on a Maryland radio station about the state of corporate philanthropy. In reviewing the latest data beforehand, I came across two blog-worthy points. The first is the growing trend of companies seeking alternatives to cash giving to support charitable activities, such as promoting employee volunteerism or offering staffers paid… Read more »
“Anonymous” May Not Be the Same for Everyone
Yesterday Wendy and I attended the AFP North Carolina Philanthropy Conference. Along with conducting her “Making the Successful Ask” presentation, Wendy hosted a round-table discussion during lunch on donor cultivation and stewardship. One guest at our table recounted a story that illustrates the importance of listening to donors and asking how they’d liked to be… Read more »
The Common Courtesy of Stewardship
At the Giving Institute Summer Symposium last month, a representative of a major national corporation who sat on a panel of philanthropists offered good advice to nonprofits about giving and stewardship. One request he made concerned nonprofits to which his foundation has made a gift. He said he would appreciate a call from a board… Read more »
Keep Your Funders in the Know
Last Thursday’s Funders Forum, held by Volunteer Hampton Roads and moderated by Keith, gave nonprofit professionals and board members a direct line to a panel comprising the Hon. Richard Bray of the Beazley Foundation, Angelica Light of the Hampton Roads Community Foundation, Deborah Wyld of the Norfolk Southern Foundation, Michael Howland of the Southeastern Council of… Read more »
Funders Point Out Red Flags at Forum
Plenty of helpful insights were shared at yesterday’s Funders Forum, which was produced by Volunteer Hampton Roads, moderated by Keith, and well-attended by nonprofit professionals and board members. The panel of funders was impressive: the Hon. Richard Bray of the Beazley Foundation, Angelica Light of the Hampton Roads Community Foundation, Deborah Wyld of the Norfolk… Read more »
Grant-Making Up Among Smaller Foundations
A new study by Foundation Source reports that the number and size of grants of less than $1 million increased by 15 percent in 2009. The firm, which provides services for small and medium-size philanthropies, based its findings on data collected by processing grants from nearly 700 client foundations. This runs counter to the trend… Read more »
