One of the most basic questions for any fledgling planned giving program is whether you should ask legacy donors for documentation of their commitments. Not so simple. Most of these commitments are revocable bequests in wills or account beneficiary designations. Why do we (the nonprofits) want the documentation especially if they doesn’t bind our supporters...
After having successfully trained over 2,000 fundraisers in the past 4 years on the basics of planned giving through our Planned Giving Boot Camp programs, we are very pleased to announce a new, intensive training program for fundraisers with significant planned giving responsibilities! Please take a look at this new program by clicking here: Planned Giving...
I keep asking this question every year around this time (when I finally get updated Giving USA and VSE numbers) and the answer…. How about checking out this short presentation of the various data points I look at and whether we are seeing long anticipated wealth transfer or not. https://youtu.be/whMSKo85D2Y If you remember, the Boston...
I am working on a case where a nonprofit accepted around $1 million – transferred from an overseas account – around 20 years ago. In the letter of instruction to the bank, it stated that it was a gift. In subsequent letters to the charity, one of which was notarized, the donor again stressed that...
Big Endowment – Positive or Not?