Let’s face it, planned giving is a stepchild in the fundraising world. Between the struggles for immediate cash, to the complexities that planned giving programs can create, it seems that fundraisers quite often just leave the planned giving efforts for another to deal with. But, year after year, I notice that bequests in particular are...
My next blog post was going to be about the high % of bequests among mega-gifts as reported by the Chronicle of Philanthropy, but the gift discussed in the following article trumps them all: http://njjewishnews.com/article/8364/couples-gift-is-largest-ever-to-community-fund#.T0ezHfHZBK0 Kudos to my friend, Josh Rednik, the Executive Director of the Jewish Community Foundation of MetroWest, for his involvement in this...
If you are interested in financial planning – as I am always encouraging fundraisers to get into – this story by Deborah Jacobs (a Forbes writer) is a small one that could end up being very important for the nonprofit world: http://www.forbes.com/sites/deborahljacobs/2012/02/08/congress-may-crush-key-tool-for-ira-inheritors/ Assuming you have read the article, here is my take on it and...
There are certain taboos in the fundraising and planned giving worlds. One of the biggest taboos is providing a financial salesman access to your donors – regardless of the “awesome” deals they are selling. And, this taboo is for good reason – if you give the access, you (the fundraiser) take responsibility for anything that...
The Value of a Gift Annuity Program