Latest: Donors
Food banks saw annual gift revenue dip for the second consecutive year during 2022 but still took in nearly double the amount given in 2019, leaving most in a healthier position than before the pandemic despite inflation, rising demand for services, and the sunsetting of COVID-era government programs. A government shutdown (2019), a global pandemic (2020-21) and the rapid rise of inflation (2022) have all…
The good news – staff at a foundation want to look closely at your nonprofit because there’s the possibility of a major grant. You’ve heard that a site visit is planned, a review of your board’s participation is in the works and a thorough financial examination is part of the process. Is it good news? Or, does your nonprofit have some gaps in policies, procedures…
Fewer Canadians are giving to charity than at any point in the last two decades, and those who are giving are giving less. That’s the conclusion following a study that confirmed the percentage of Canadians donating to charity has fallen by more than one-fourth – from 25.5% to 19.1% – during the past 20 years. Canadians also are donating less as a percentage of aggregate…
One-third of Arab Americans reported donating between 5% and 10% of their income to charity during the past three years, with more than half of those older than age 70 saying they gave more than 10%, data in a recent study shows. Social service and relief organizations received the most support, a finding reflected in the 84% of respondents who said they prefer giving to…
A donor-advised fund (DAF) research consortium is soliciting DAF-sponsoring organizations to share data for a research program aimed at qualifying the characteristics and activities of DAFs. The consortium, The Donor Advised Fund Research Collaborative (DAFRC), is also seeking philanthropy serving organizations (PSOs) to serve as outreach partners. The study will combine data from DAF-sponsoring organizations across the United States, such as community foundations, national sponsors…
There are significant generational differences in approaches to investing, giving and wealth planning. The shift in influence and control over the largest share of U.S. personal wealth — $84 trillion is expected to pass primarily from the baby boomers to Gen X and millennials through 2045 — having significant implications for families, wealth managers, charitable organizations and financial markets. Those are some of the finding…
Fundraisers can persuade more people to donate if they admit that they don’t know everything and are willing to experiment, an expert in the field said recently during the seventh annual Nonprofit Innovation & Optimization (NIO) Summit in Kansas City. “The number one trait of a successful fundraiser is humility,” said Jeff Giddens, president of agency NextAfter. “When you say I don’t know, it opens…
A new quiz app, usable by all potential funders but targeted toward Millennial and Generation Z audiences, aims to stimulate charitable thinking and donations among these cohorts. The “Generosity Quiz,” from San Diego-based mobile donation app Coin Up, asks potential funders a series of multiple-choice questions about their motivations for making donations, self-expression, shopping habits and areas of interest or concern. The quiz is simplistic…
For those who can’t quite get their arms around the future economy, non-fungible tokens (NFTs), Bitcoin and Ethereum are mysteries. But there’s nothing mysterious about a market cap for Bitcoin exceeding $468.69 billion yesterday, (down from $883.44 billion on the same day last year) and Ethereum at $231.27 billion (down from 38% from the same day last year). Dogecoin, made popular by Tesla entrepreneur Elon…
Casual social giving has grown by 6% between 2018 and May of this year. And, some 74% of people polled said that they already gave this year at an in-person event, a jump from just 49% of respondents participating in live fundraising events in 2021. A majority (85%) of social donors — those who give or participate in such activities as fun runs, walkathons, galas,…
The world of development and fundraising can sometimes benefit from borrowing ideas and approaches from other disciplines. One of the most useful might be the concept of a “pain point.” Marketing professionals talk about it in customer terms: What is the thing your customer struggles with that your product or service can help address? Stretch your definitions of pain for a moment to include a…