Major Gifts

Major Gifts: Getting the Heart Along With the Cash
January 11, 2016 at 8:00 am

Donors have a desire to provide real healing through giving. There is a desire to give another opportunity, to give themselves to others. That is really what is going on. Donors are not giving gifts. They are giving something of far greater value. They are giving relationship. You just need to find those real reasons in every donor relationship. Here's how that applies to you and your donors...

Are Wealthy Donors Giving Enough?
January 7, 2016 at 10:33 am

We know multimillion-dollar gifts are never anything to sneeze at. But the sizable shift in major-gift amounts from some of the wealthiest donors and their foundations is worth watching. And, according to The Chronicle of Philanthropy’s annual ranking of the year’s top 10 biggest, publicly announced, single gifts, deep pockets were significantly shallower in 2015. We’ve highlighted some of the list’s biggest takeaways...

Michael Jordan Gives Millions in Unexpected Grants to 23 Chicago Nonprofits After Settlement
January 5, 2016 at 10:10 am

Twenty-three Chicago nonprofits answered the phone this week to learn they were lucky recipients of basketball legend Michael Jordan’s winning lawsuit. Jordan wore jersey No. 23 during most of his career with the Chicago Bulls. Jordan’s court case began in 2009 when the now-defunct regional supermarket chain Dominick’s used Jordan’s name in an unauthorized advertisement.…

How to Grow Your Major-Gift Program Without Hunting for New Donors
January 4, 2016 at 9:52 am

OK, I’m going to tell you something that will blow your mind: You already have major-gift donors who have given you gifts but are not part of your major-gift program. In every donor file we have reviewed, we found major donors who are not part of the organization’s major-donor caseloads. So, where are these donors?...

Why Major Gifts Officers Should Ask Again
December 28, 2015 at 9:43 am

Your major donor has given in the last month or so, and you now are turning your attention to the donors on your caseload who have not given so far this calendar year. This is good. But you may be missing an opportunity to ask your major donor for another gift. “What?” you say. “Ask again? I can’t do that! It would not be right.” Well, let me present a different point of view...

Reviled Drug CEO's Arrest Sparks Debate Over $1M Donation
December 23, 2015 at 10:30 am

What would you do if your organization received a sizable donation from an individual who, months later, was charged with a federal crime? Would you keep the donation or give it back? That’s the question facing Hunter College High School in the wake of Thursday’s arrest of Martin Shkreli, a 32-year-old multimillionaire pharmaceuticals executive who once attended the school...

Tech Leaders Pledge $1B to Artificial Intelligence Research Nonprofit
December 14, 2015 at 11:32 am

Several of the biggest and richest names in Silicon Valley have collectively put $1 billion behind a new artificial intelligence research organization called OpenAI. "Our goal is to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return," reads the introductory…

MLB Pitcher Donating 1 Percent of Annual Salary to Diamondbacks Charity
December 14, 2015 at 11:26 am

New Diamondbacks ace Zack Greinke will donate 1 percent of his annual salary to the team’s charity each year, reported Jon Heyman of CBS Sports. With Greinke, 32, set to make at least $31 million in each of the next six seasons, the donations will be sizeable. After leaving the Dodgers for the division rival Diamondbacks, Greinke’s new contract…

Giving and Getting Grief: For the Rich, Increasingly Common
December 9, 2015 at 10:47 am

To give is to gain a heap of grief if you're a mega-rich donor these days. In recent months, a hedge fund billionaire was denounced for his $400 million gift to the already wealthy Harvard University, David Geffen took flak for gifts that plaster his name on a Manhattan concert hall and a Los Angeles…

What Happens When You Show Love and Loyalty to a Donor?
December 7, 2015 at 10:53 am

Fran was a major gifts officer (MGO) who had great relationships with his donors. Then, in October 2008, a disaster struck for a donor he greatly respected that left the donor unable to make his usual gift. Many MGOs might have given up on this donor and moved on. But Fran was adamant about not giving up this donor. In fact, Fran did the opposite...