High net worth individuals — those who own at least $1m in financial assets — are a major source of investment worldwide. This 10-million-strong global elite has combined assets of $40tn, according to the latest annual world wealth report published by Capgemini and Merrill Lynch.
Donors increasingly tell me they feel there are too many nonprofits and too much duplication and inefficiency in the service delivery system.
Do you desire a beneficial partnership? Do you dream of having a partnership that will “get your organization’s name out there” in a good way? Are you looking to collaborate to increase your resources? If you answered yes to these questions, you are not alone.
Foundations in the region have suffered substantial declines in their endowment assets during the last six months, a new survey indicates. But many of those foundations say they are seeking to maintain their current levels of giving.
For-profit executives use business models—such as “low-cost provider” or “the razor and the razor blade"—as a shorthand way to describe and understand the way companies are built and sustained. Nonprofit executives, to their detriment, are not as explicit about their funding models and have not had an equivalent lexicon—until now
In comprehensive new research of financial services professionals, 77 percent of respondents indicated the current economic downturn has had a significantly greater impact on their Boomer generation clients than any other generation. More positively, 73 percent said the downturn has made their Boomer clients more focused on financial planning (also more than any other generation).
Like many for-profit companies, charities are seeking help from the government, and they are upset that policy makers do not understand how much the recession has hurt them.
The language of "crisis" and "recession" is starting to give way to the language of "stimulus" and "recovery" following President Obama's signing of the American Recovery and Reinvestment Act last week. To help America's nonprofit sector make recovery a reality, the National Council of Nonprofits today issued two special reports on the new stimulus law and what it means for community-based organizations.
A national expert on nonprofits who will speak in Colorado Springs on Friday estimates that, because of the bad economy, 100,000 of the nation's 1.3 million nonprofit organizations will collapse this year from frozen lines of credit, late payments by government entities and lack of efficient management.
Amid the debates over President Obama’s proposal to reduce tax breaks for affluent donors, a study released today shows that half of wealthy Americans say their charitable giving would be unaffected by the elimination of federal tax provisions designed, in part, to spur philanthropy.
