Latest: Donors
Data suggest Latinx funders are pulling back from funding nonprofits. In 2000, 67% of U.S.-born Latinx households made donations, a figure that tumbled to 51% as of 2018. Among Latinx immigrant households, 56% made donations in 2000 while only 40% did so in 2018. Additionally, the number of Latinx households overall that made donations to specific charitable institutions dropped from 44% in 2000 to 26%…
Nearly three-quarters (73%) of voters support maintaining the Johnson Amendment ban on charities and churches endorsing or opposing political candidates as another election season approaches. The support is consistent across majorities of Democrats (76%), Republicans (66%), and Independents (76%). However, roughly the same overall percentage of voters (78%) agree charities have a role to play when it comes to nonpartisan voter engagement and education. More…
A multibillionaire Latino businessman who graduated from a major university in California is tapped for a contribution by his alma mater every year. “He’s very brown, very Mexican-looking, and owns a funny-sounding company,” said Armando Enrique Zumaya, founder of Somos El Poder, an Alameda, California-based consultancy that advises Latino nonprofits on fundraising. The requests come by mail. The suggested donation is just $100. “I’ll tell…
Donors and prospective donors are becoming more aware of and attuned to social investing. This trend has manifest in such forms as putting money into investment vehicles that support worthwhile causes or trying to dictate where or how their donations are used. The book “The Complete Idiot’s Guide to Giving Back” offers a wide range of information to people considering concentrating investments in socially responsible…
Close your eyes and imagine this scenario: A new donor gives to your organization. This becomes the first step on a long journey filled with rewarding experiences that inspire the donor to give again and again. Over the years, their relationship with your organization and commitment to your mission only grows deeper. This sounds like every fundraiser’s dream, right? It’s a dream because it’s certainly…
Only 5% of your time should be spent on soliciting major gift donors. Just to be crystal clear, each of those asks must happen or everything else will be for naught. Another 15% of your time should be devoted to identifying and qualifying. For those newer to fundraising, “qualifying” is the industry standard term for determining CAP© – whether they have the combination of financial…
The threat to donor privacy is continuing despite a U.S. Supreme Court ruling two years ago that many thought had ended it once and for all. Proposals introduced in more than a dozen states this year that would chip away at the July 2021 decision in Americans for Prosperity v. Bonta. In that ruling, a 6-3 majority of the high court rejected California Attorney General…
India’s economic health is growing, with the country’s gross domestic product increasing by 8.7% for fiscal year 2022. Spending in the country’s social sector as part of GDP is similarly increasing, growing by 8.6% in fiscal year 2021 to 9.6% in FY 2022. Much of that growth was spurred by a 35% gain in public spending. Private philanthropy has grown by only 8% between FY…
The ALS Association is working to again prove that even when an idea is all wet it can be an incredible fundraiser. The purveyors of the infamous Ice Bucket Challenge is beginning an 18-market rollout of its latest sopping concept — The CEO Soak. Both ideas are similar in that neither came from internal brainstorming. The Ice Bucket Challenge was a viral event launched by…
Program funding, financial support and the willingness of community partners to continue participation are the top three concerns of senior leaders at nonprofits. They have reason for concern. Leadership teams across the nation responding to a study by accounting and consulting firm UHY in New York City, said levels of funding have largely stayed the same or decreased during the past 12 months. In areas…
Three out of four (75%) of people consider themselves “generous.” Donating to nonprofits, along with everyday acts of kindness and longer-term commitments to good works, are among key ways that they express generosity, according to a new study. When small funders do not give, chances are it is because they are feeling a financial pinch. Just fewer six in 10 (57%) people surveyed cited money…