Yesterday, the Case Foundation presented the 2011 Millennial Donor Summit. Here are some tweets and post excerpts: "Millennials are history's first 'always connected' generation" Millenials are the most ethnically/racially diverse and politically active generation in U.S. history –Phillipe Hills Millennials expect consistency, need integration, crave connection. – Stephanie Padgett Millennials...
FUNDRAISING & CHARITABLE GIVING
Informal Giving Circles
Giving circles are a form of community philanthropy in which groups of individuals get together, coordinate their charitable giving, and typically have a lot of fun doing so. This may be done informally as described below or more formally in the form of a nonprofit grantmaking organization or as...
The 2010 Relief Act – IRA Charitable Rollover
On December 17, 2010, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the 2010 Relief Act). One of the individual tax relief provisions deals with extending an expiring provision related to distributions from individual retirement plans for charitable purposes. Prior...
Major Gifts – Part II: Considerations for Legal Compliance and Avoiding Lawsuits
An organization that is implementing or revisiting its major gifts program should take advantage of that initiative as an opportunity to weave in best practices and other preventative measures that promote legal compliance and help avoid lawsuits. Some of the considerations should include preventing donor intent disputes and communication...
Major Gifts – Part I: Tips for Implementing a Major Gifts Program
“A major gift is not something that donors do on a whim or a lark, or on the spur of the moment…. And in all likelihood, they do not materialize without a great deal of time, talent, or effort attached…. Making the major gift is a very special expression...
Top 5 Fundraising Legal Tips
Do fundraising professionals have to think about legal compliance and risk management? Absolutely. Do they spend an appropriate amount of organizational resources in these areas? Probably not. Law-related programs at fundraising conferences tend to be some of the least popular. What accounts for this? I’m guessing that the general...
IRS Releases Revised Publication on Charitable Contributions: Substantiation & Disclosure
The Internal Revenue Service recently released a revised version of Publication 1771, Charitable Contributions: Substantiation and Disclosure Requirements. The Publication explains the federal tax law charities and churches that receive tax-deductible charitable contributions and for taxpayers who make contributions. There are recordkeeping and substantiation rules imposed on donors of charitable...
Philanthropedia
How do we give effectively and intelligently? Philanthropedia, formerly the Nonprofit Knowledge Network, suggests that you consider the recommendations of their "experts" and donate to one of their "Expert Mutual Funds," a group of top nonprofits selected by their experts. Currently, Philanthropedia offers Expert Mutual Funds in the following...
2009 Western Conference on Tax-Exempt Organizations – Day One
I attended the 2009 WCTEO in Los Angeles last Thursday and Friday. It’s always a great conference for professionals in the nonprofit and tax-exempt sector: impressive and knowledgeable speakers, interesting topics, and a chance to meet with peers and people you greatly admire. My only and very...
Increasing Payment Charitable Lead Annuity Trust
A charitable lead annuity trust (CLAT) is an irrevocable split-interest trust in which the income interest is to be paid over to one or more charitable organizations, in the form of an annuity, and the remainder interest is to be paid over to one or more noncharitable beneficiaries. Typically, CLATs...
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