Funding News and Grant Tips Ford and Other Funds Issue Debt So They Can Give More Now The Ford Foundation plans to issue $1 billion in debt in the form of 30- and 50-year notes, allowing it to distribute at least 10 percent of its assets over the next two years, Darren Walker, Ford’s president, said in an interview with the Chronicle of… Read more »
Our gifts were solicited as unrestricted gifts and matched dollar-for-dollar by the foundation. A board member recommends that we split the funds raised ($100,000) between the general operating fund and the endowment, which is managed by the community foundation. Is it ethical/legal to take funds solicited as unrestricted and without a donor’s explicit direction, deposit them (or percentage of) into an endowment?
American individuals, bequests, foundations and corporations gave an estimated $449.64 billion to U.S. charities in 2019, placing it among the highest years ever for charitable giving, according to findings in Giving USA 2020: The Annual Report on Philanthropy for the Year 2019, released today. Total charitable giving rose 4.2% measured in current dollars (2.4% adjusted for inflation) over the revised total of $431.43 billion… Read more »
Do you know, for instance, that research persistently finds that TYPICAL donors are older than NGO insiders (board, staff) presume. OK, dear fundraiser, if you’re younger than 55, can let’s conduct a quick reality check. Go to the restroom. Look in the mirror. Your donors don’t look like you. Reality check over. 2012 TRUTH (and sure, things have changed since 2012; just prove it… Read more »
There is much discussion lately about the financial doom that this pandemic is unleashing on nonprofits. Cancelled galas, shrinking corporate donations, fearful foundation donors, disappearing government coffers. It seems that the entire way nonprofits are funded might be crumbling before our eyes.
If ever there was a time for foundations to consider permanently accelerating the pace and volume of giving, it’s now. Here’s how the positive changes in individual and institutional philanthropy sparked by the COVID-19 pandemic can take root and grow. The philanthropic response to the COVID-19 pandemic has shown the sector at its best. From the launch of community-based rapid-response funds to the development of diagnostics and vaccines, philanthropy is showing up both to help flatten the curve in the short term and to address the inequities the crisis will exacerbate over the long term.
…instead of saying, “Thank you so much for giving money to our organization so that we can change the world,” you want to say, “Thank you so much for making a difference in a child’s life.” See how the organization is removed from that narrative? Connection [with your donors] is sharing … like sharing chocolate or a movie. Connection allows you and that… Read more »
Miriam McCoy of San Marcos has donated $1 million to Texas State University to establish an endowed chair in the McCoy College of Business. The McCoy College of Business Foundation will match the donation, creating a total endowment of $2 million to enhance the research capabilities of the college. At McCoy’s request, the endowed chair will be named in honor of Eugene E. Payne,… Read more »
At a time when more Americans are in need of assistance but fewer are in a financial position to be able to provide it, Gallup finds a new low in the percentage of Americans reporting they donated money to charity. Seventy-three percent of U.S. adults say they donated money to a charitable organization in the past year, surpassing the prior low from the Great… Read more »
Fundraising during a global pandemic is not an easy task. How can fundraisers stay optimistic, yet realistic, during this time? How can they properly communicate and steward donors? How can fundraisers be leaders? So, we asked the experts about these topics. See what they have to say below.
The Covid-19 virus has upended every facet of our lives. For those of us in the nonprofit community, that has meant closing our facilities and offices, disrupting our delivery of services, and ceasing our communications with donors—Wait a minute! While those first two are true, the third is decidedly not. If your nonprofit organization hopes to survive during this crisis and beyond, you must communicate, strategically with your supporters! In this article, we’ve compiled the main questions you, your executive director, and your board members are likely to ask at this time to offer guidance on how to answer them. At the end of the article, we’ve provided a useful checklist to make sure your communications to donors and supporters are ticking all the boxes.
Every word matters. Some words matter more. We or you?
Why this book screamed to be made In the US, as of 2017, there were something like 1.3 million government-sanctioned charitable organizations. It’s a growing sector: at current rates, about 47,000 new US charities are born each year. Is that a lot or a little, for a nation of some 330 million? I say it’s a lot. After all, the same population gets by with… Read more »
Early in my 30-plus year career in the philanthropic arena, I was looking for a major gifts officer for a reproductive health clinic in Los Angeles. Of the many résumés I received, one was from a candidate with ten years of solid experience—but for eight of those ten years, he worked for religious charities that opposed the values held by my organization. Within the… Read more »
The IGNORANCE CEILING is destroying fundraising. Now you know. Meet the frustrated: So MANY fundraisers quit so fast. They learn “best practices” … and then collide with the “Ignorance Ceiling.” I.e., bosses and boards insisting: “I don’t like it. No way.”
Suddenly it seems like everyone’s talking about it. Or maybe “finally” is better than suddenly. The Chronicle of Philanthropy has gotten weighty on the subject. On June 7, it featured a scathing article by Amanda Pearce, CFRE, under the headline, “Nonprofit is a Tax Status, NOT a Business Model.” Even US charity watchdogs have admitted they got it wrong. In case no one at… Read more »
Many of the principles of fundraising I learned early on really are true: listen to prospective donors to connect them to your cause; build relationships to move supporters to the next level of giving; and thank donors more often than you ask for money. These do result in better fundraising outcomes. But based on my recent experience, I’m wondering if the scarcity-based approach of holding your funding sources under lock and key could use an upgrade.
People of the North American West depend on healthy rivers, national parks, forests, monuments, and other public and working lands to sustain their families and their communities. These majestic landscapes provide refuge and inspiration, and fulfill economic, cultural, and spiritual needs. And yet, we are losing the equivalent of a football field of natural land in the Western United States every two-and-a-half minutes. Family… Read more »
7. Donors aren’t forever. Mostly. Again: Why do you need a donor acquisition program as well as a donor relationship program? Because donors come and go, like pee holes in the snow. A couple of years ago, I polled experts around the world with the question, “How long does the average donor stick with a charity?” There was a gawdly lot of hemming and… Read more »
As someone who began her career as a fund raiser and migrated to become a funder as head of a large corporate foundation, I have a somewhat unique vantage point on the struggle many nonprofits endure when engaging funders and major donors to support their cause. In speaking with executive and development officers who are charged with fundraising, I find it most helpful to… Read more »