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…

More than half (59%) of donors in the U.S. would continue to support a charity with a lack of diversity, equity and inclusion (DEI) because the cause is more important to them than DEI, while 28% believe all organizations are bound to have issues with DEI. Some 41% of donors would rebuff a charity they supported in the past if they discovered the organization’s culture…

Employees and consumers expect to be involved in corporate philanthropy and decisions, demanding business leaders consider a new approach that is more stakeholder driven. In fact, four of five consumers (84%) and employees (86%) believe that they should be able to have a say in how a business allocates charitable funds. Businesses where leaders evolve the enterprise toward this new model of stakeholder philanthropy might…

Slight more than 1 in 3 (37%) American donors gave half or more of their charitable contributions to disaster relief efforts during the past year, such as the Ukraine humanitarian crisis, COVID-19 relief, and support in the wake of natural disasters such as wildfires or other crises.  The data shows that such giving was in excess of what they previously planned to donate. The reason…

More than one-third (35%) of donors with at least $5 million in assets under management (AUM) anticipate changing their giving strategy during the next two years. They probably will to give more (68%) and to a greater number of organizations (51%). Their giving is driven by a belief in the cause/mission, as well as a sense of altruism. Nearly two-thirds (64%) agree that their giving…