With the rise in prominence of planned giving and donor-advised funds and the increased impact of high-profile current events on donor habits, concerns about the timeliness of philanthropic gifts are growing. While giving was once dominated by legacy institutions that provided more reliable streams of funding, the shift in focus to individual donors as major .....
With limited time and resources, savvy nonprofits maximize their fundraising efforts by focusing on prospects that are the most likely to make financial contributions. For planned giving, statistical analysis reveals the top 10 most likely predictors that an individual may make a post-mortem donation. Becoming familiar with these indicators can help fundraising professionals direct their .....
Virtual mediums such as social media, websites, and email newsletters have grown to dominate nonprofit communication and fundraising. However, some nonprofit websites are still unable to accept credit card payments. This poses an obstacle to potential donors and can cost your mission valuable support. Read on for simple changes you can make to improve online .....
In the nonprofit industry, the focus is so often on meeting challenges and solving problems that an unanticipated windfall can sometimes find agencies unprepared for success. Due to factors like an increased focus on social justice issues and the unexpected availability of pandemic relief dollars, some organizations have seen rapid growth since 2020. This article .....
Volunteer support is one of a nonprofit’s most valuable resources. Volunteers not only contribute hours of unpaid labor but also provide less tangible benefits in the form of support for your mission in the community and beyond. Now, data reveals that the estimated dollar value of a volunteer hour has increased by approximately 6% over .....
Donor-advised funds (DAF) are a rapidly growing source of fundraising income for non-profits. Successful organizations are implementing strategies to maximize their success in this quickly expanding revenue stream. Read on for tips on educating your donors on the benefits of DAFs, cultivating potential gifts, and stewarding donations to show your gratitude and move supporters up the .....
It’s your time to shine! What is your favorite movie and/or TV show? Favorite movies – Miss Congeniality/The Proposal Favorite shows – New Girl, Friends, and Gilmore Girls What did you want to be when you were growing up? A math teacher. I was a huge math geek growing up. What hobbies do you have? .....
It’s that time of year again: tax time. And while many of your money-saving options might be limited after Dec. 31, there’s still a lot you can do to help lower your taxes, save money and avoid penalties. Here’s a quick snapshot. Contribute to Your Retirement Accounts Yes, doing this will help lower your tax .....
The Roth IRA is a retirement savings account in which you invest only after-tax dollars. Subsequently, all earnings grow tax-free and may be withdrawn tax-free. However, there are limits to who can contribute and how much they can contribute to a Roth IRA. Federal rules restrict direct contributions to a Roth IRA for high-income earners. .....
The U.S. housing market has been extremely volatile over the past year. Year-over-year growth rates were at highs of 20.1 percent in April 2022, then declined to only 8.6 percent in November – the biggest drop in over 20 years. As a result, many homeowners who sold their homes in 2022 or plan to in .....