United Way CEO Brian Gallagher tells NPR's Michel Martin how the current versions of the Senate and House tax bills would negatively affect charitable giving. Read the transcript from NPR.
Fidelity Charitable Gift Fund again claimed the top spot on the Philanthropy 400, the annual ranking of charities that raise the most from individuals, foundations, and companies. It beat out United Way Worldwide for the second year in a row. Read more from The Chronicle of Philanthropy.
If a major gift budget and forecast is wrong and you are hired to deliver within that faulty context, you run a very real risk of getting fired for not delivering. So, I suggest that it is a wise thing to get familiar with this topic, and pass it on to your manager and CFO. There are three steps to creating the proper forecast and budget for major gifts: Read more from Veritus Group.
Giving has rebounded slightly in the third quarter of 2017 as compared to the half-year mark but still trails 2016 figures, according to a Fundraising Effectiveness Project (FEP) report. The number of year-to-date donors (4.8 million) and revenue ($4.7 billion) remain 5 percent and 4 percent behind 2016 numbers, respectively. Read more from The NonProfit Times.
Fear of running afoul of your organization’s tax-exempt status, or losing the support of important donors by being seen as “too partisan or political,” may be preventing nonprofit organizations from speaking out about important issues of the day or encouraging their members or clients to do so. Read more from Nonprofit Quarterly.
If you are an Executive Director, CEO or Board Member of a non-profit, you need to know that fundraising events have nothing to do with major gift fundraising. Major gift fundraising is about building relationships with donors. It’s about understanding a donor’s passions and interests, so that you can help them find joy in giving to your organization’s programs and projects that are changing the world. So if you see your major gift team spending a ton of time working on events, you are not using them correctly. Read more from Veritus Group.
The House of Representatives passed the Tax Cuts and Jobs Act on Thursday by a 227 to 205 vote. The bill, roundly criticized by leaders in the nonprofit sector, marks a significant step in what has been an accelerated process for the most significant tax reform in more than three decades. Read more from The NonProfit Times.
The Form 990 tells the public a lot about your organization beyond the basics of income and expense, assets and liabilities. A review of the 990 and its schedules shows that many of the parts of the 12-page core form, and significant portions of the schedules, address non-financial issues such as governance, programs, and fundraising. Read more from Nonprofit Quarterly.
In a 2016 survey by US accounting firm CohnReznick, almost half of the non-profit organisations polled said they had not completed a cyber-risk assessment in the past year and 66 per cent had no plan to increase their spending on data security. But low cost measures, such as address verification systems, can help. Read more from Financial Times.
In recent weeks, as prominent men have faced allegations of sexual misconduct, many people have joined the #MeToo movement, in which people share stories online of sexual harassment and abuse — including at the hands of managers and superiors.
In the nonprofit world, what has often been less discussed publicly is the challenge fundraisers have faced from donors. "You would have a lot of people who could have a ‘me too’ story as it relates to their role in fundraising," says David Chow, a fundraiser at UW Medicine focusing on support for obstetrics, gynecology, and behavioral health. After hearing stories of abuse in the workplace from two colleagues who said they faced problems, he decided to write a research paper last year on the sexual abuse of fundraisers for his master’s degree in nonprofit leadership. Read more from The Chronicle of Philanthropy.
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