Review of Charitable Giving by Affluent Households – Part 2
The report was full of so much valuable information, we decided to split it into two blog posts.
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Major Gifts Insights Blog
4 Donor Appreciation Events to Boost Engagement & Retention
Your donors are what make your mission possible. From simply keeping the lights on to making an impact in your community and beyond, your donors make it all happen. Showing your thanks for their generosity in meaningful ways is crucial for keeping donors engaged, retaining their support, and scaling their gifts over time.
Review of Charitable Giving by Affluent Households – Part 1
The 2023 Bank of America Study of Philanthropy report is the 9th biennial examination about philanthropic attitudes, priorities, and more for affluent US households in 2022. It is written as a collaboration between Bank of America and the Indiana University Lilly Family School of Philanthropy. It is based on 1,623 wealthy US households, defined as either a net worth $1M+ or annual household income of $200K+. The average mean income was $523,472 and average mean wealth of $31M.
Fishing for Prospects: The Promise of Validations
Finding new prospects is often compared to fishing. You throw out a proverbial net and hopefully get an incredible number of fish in return. Some are going to be bigger than others; hopefully, you’ll throw the smaller fish back into the water to grow and thrive.
Family Opportunities: UBS Global Family Office Report 2023
The report is the 4th annual global family office report by UBS. The report provides comprehensive research on family offices throughout the world. Participating in the study were 203 family offices, each with an average $2.2B net worth.
How to A/B Test Your Nonprofit’s Text-to-Give Messages
A/B testing can give your nonprofit invaluable insight into how you can improve your text-to-give requests. Explore how you can leverage A/B testing.
Accepting crypto gifts? You need gift acceptance policies.
If your organization has made moves to tap into non-cash giving opportunities like donor-advised funds, gifts of stock, and various types of planned gifts, good for you! Studies have found that nonprofits that invest in their non-cash giving programs grow six times faster than those that stick to cash gifts alone.
Cryptocurrency represents one of the newest and most exciting (but complex) non-cash giving frontiers for nonprofits. Thankfully, accepting crypto gifts isn’t hard today. You can use a third-party processor to facilitate and liquidate the gifts or set up your organization’s own digital crypto wallet to manage and liquidate the assets yourself.
Read More »Accepting crypto gifts? You need gift acceptance policies.
4 Ways to Use Data in Your Donor Communications Strategy
As a nonprofit fundraising professional, you understand the importance of donor recognition. Donors are at the core of your fundraising efforts, contributing the funds necessary to fuel your mission.
However, it can be difficult to keep track of so many individuals, let alone figure out how to communicate with them on a personal level. This is where data comes into play.
Read More »4 Ways to Use Data in Your Donor Communications Strategy
Introducing Volatile Opportunity: A Guide to Cryptocurrency and Fundraising
It’s been a bumpy road for cryptocurrency over the past year. In 2021, cryptocurrency did not seem to have any limit to its heights but in 2022, the crash came. Many predicted it was the end of crypto. But 2023 has been an interesting year with the price of Bitcoin rising again. The Giving Block, a full-service crypto exchange solution provider, predicts that over $1B in cryptocurrencies will have been donated by 2027. Boston Consulting Group forecasts that the crypto market will grow significantly by 2030.
Read More »Introducing Volatile Opportunity: A Guide to Cryptocurrency and Fundraising
Review Capgemini World Wealth Report series 2023 Wealth Management
The report is the 27th annual world wealth report by Capgemini Research Institute. The report analyzes the state of wealth and wealth management across the world in the prior calendar year. The report focuses on High Net Worth Individuals (HNWIs) defined as individuals with assets of $1M+ and over.