The Future of Fundraising

There's also the issue of remittances, or the flow of money from people of color in the U.S. to people in their home countries. According to the World Bank, remittances to developing countries were $250 billion in 2006! This compares to just more than $300 billion in giving to all charities in 2010. Imagine how remittances will grow and how nonprofits and causes will be affected if they can tap into these dollars. Smart nonprofits will get to know these new audiences and become more culturally competent. They will also hire diverse leadership and welcome diverse board members.