Wealthy Donors
Finally the data is proving what many of us have known all along: women are emerging as leaders in philanthropic impact. Women are not only making their own fortunes, but many are inheriting wealth through the intergenerational transfer, and they are exercising leadership in family philanthropy, shaping how wealth is being given away. Furthermore, women…
There are significant debates about the role of philanthropy and modern trends in philanthropy. Often philanthropy is viewed as the elitist activity of the rich in their attempts to raise their profiles, build power or show off their wealth. It can be done in a paternalistic and charitable manner that results in an imbalance of…
Billionaire hedge fund manager John Paulson donated $400 million to Harvard’s School of Engineering and Applied Sciences, the New York Times reports. Harvard’s engineering school, which is expanding across the river from Cambridge, Mass., will be renamed the Harvard John A. Paulson School of Engineering and Applied Sciences.
How much effort and time do you really put into making a major gift ask to a donor? Here are some things to think about in preparation for the ask that you might find helpful as you review your strategic plan and get ready to talk to your donors.
Today Ted Hart, CEO of Charities Aid Foundation of America (CAFAmerica) and CEO of P2P Fundraising, GreenNonprofits.org and TedHart.com, speaks with Simone P. Joyaux, ACFRE, a consultant specializing in fund development, strategic planning and board development, about thoughtful, inspirational philanthropy on Hart's Nonprofit Coach radio show.
Since I do not have a large engagement staff and only limited time, I must pick and choose which prospect and donor visits to engage. When I have a 1:1 donor visit, I also must be very strategic with the donor's time based upon the scenario of engagement I employ.
Being responsive and accountable to the donors who invest in your organization is fast becoming the single most important factor in fundraising success. Neglect it at your peril.
It seems "The Long Tail" has its own tail. Since Chris Anderson first coined the term in a Wired article back in 2004, the concept has been applied to practically every product and market imaginable. It may sound outdated, but there's still some knowledge to be mined there for fundraisers, especially as it relates to noncash giving.
More than 120 of the world’s billionaires have committed publicly to giving at least half their wealth to charity, including 19 on this year’s Philanthropy 50 list. But while the number of people who have signed the Giving Pledge has been growing, so too are concerns about whether the effort is channeling enough new money to urgent causes today and whether some people are motivated to join for public-relations purposes.
America’s most generous donors are ditching the caution that marked so much of their giving as the economy stalled and are roaring back with a bevy of multimillion-dollar contributions to colleges, hospitals and other causes. The Chronicle of Philanthropy’s ranking of the 50 donors who give the most to charitable causes shows that the wealthy contributed $7.7 billion last year. That’s 4 percent more than in 2012.