Transform Philanthropy
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… they have a sense for the questions they need to ask to learn which problems really consume this wealthy person, which difference s/he would make if s/he could? Everyone today, including the wealthy, are concerned about the economy. But, more fundamentally, there is greater concern about why the economy is situated as it is? That is, there is concern about who we have become that we have built an economy like this for ourselves. This is a ripe …
The process of planning for a new fundraising year has never been more complicated. The economy has made it difficult for most institutions to achieve all of their current year development goals and has required many mid-course shifts. The prospects for the new year are uncertain at best. In this publication, Bruce Flessner examines the current fundraising environment and offers advice on strategy and approaches for the remainder of 2009 and in…
The crippled economy continues to squeeze nonprofits, with smaller organizations under the greatest stress, a new report says. While 65 percent of 875 charities responding to an online survey in October reported higher demand for services, philanthropic support fell for 28 percent and was flat for 31 percent, says the Late Fall 2011 Nonprofit Fundraising Survey from the Nonprofit Research Collaborative. And 46 percent expect lower levels of fund…
Despite the awful economy and a sharp drop in donations, the University of Virginia’s five-year campaign to raise $3 billion remains on track, according to documents and interviews with senior fundraising officials. Full-text article by Brian McNeill is available via WSLS.com, 6.16.09. …
Battered by the recession, few donors plan to increase their giving anytime soon. But their confidence in the economy is now showing some signs of improvement — which could bode well for longer-term fund-raising efforts — according to a new survey cited by Prospecting, The Chronicle’s fund-raising column. Full-text blog post by Holly Hall is available via Prospecting, 5.21.09. …
Many arts groups are struggling because of the sour economy, but last year the Philadelphia Museum of Art managed to raise more than $56-million, an increase of more than 55 percent. A big reason for the museum’s success is its campaign to endow 29 staff positions—or all of its curatorial, conservation, education, and library employees. “The great thing about this initiative is that it allows us to shine light on our staff,” says Kelly O’Brien, …
Most capital campaigns by colleges and universities that seek to raise $1-billion or more are on track to meet their goals, despite the bad economy, according to a new report. The findings differ from those of a study last spring by The Chronicle of Higher Education, which found that a dozen billion-dollar campaigns were raising about a third less money (down 32 percent) then they had the year before. Full text article by Holly Hall is availabl…
Last week there were two very different news indicators of philanthropic potential. The national media headlines focused on unemployment rising to 10.2%, after an unexpectedly large jump in layoffs in October. Meanwhile, the world of philanthropy noted the announcement of two $100 million gift commitments. The number of seven-, eight- and now nine-figure gifts is starting to rise. These two stories—a weak economy and a return of large gifts—are …
Donations to the biggest college sports programs climbed as the U.S. economy faltered, with contributions rising 24 percent from the middle of 2006 to the middle of 2010. The 54 public schools in the six most powerful sports conferences collected $998 million in fiscal 2010, up from $805 million in 2007, according to records from colleges in the Atlantic Coast, Big East, Big Ten, Big 12, Pac-12 and Southeastern conferences. The increase came dur…
The country’s economic situation has hit hard across many industries, from automotive to business — and even the arts. Interview with Michael Kaiser, president of the John F. Kennedy Center for the Performing Arts. Full-text interview is available via The Washington Post, 5.5.09. …
