If you’ve been putting off implementing a strategy to secure gifts from donor-advised funds, let this be the year that changes that. Why? The numbers are too big to ignore.
- Donor-Advised Fund (DAF) contributions represent 8% of all donations in the USA.
- Total Assets in DAFs in 2023 was $251.52B
- Total Value of Grants made by DAF fundholders in 2023 was $54.77B
- Total Value of Contributions made to DAFs in 2023 was $59.43B
- Average DAF Account size in 2023 was $141,120
Read More
Topics:
Capital Campaign,
Donor Stewardship,
Donation,
Fundraising,
Major Gifts,
Financial Development,
Annual,
Annual Fundraising,
Fundraising Management,
Capital Fundraising,
Fund Development,
Communication,
Cultivation,
Development,
Campaign Planning,
Making The Case,
Making The Ask,
Donor,
Online Giving,
Donor Advised Funds
While December is prime time for donor stewardship (pro tip: the #1 reason a donor will renew or upgrade their giving is that they were thanked AND told how their gift has impact) it is also a very fruitful time to invite support for your great cause. According to NPSource: 30% of annual giving occurs in December and 10% occurs in the last 3 days of the year.
Read More
Topics:
Fundraising,
Annual,
Annual Fundraising,
End Of Year,
Year-End Giving,
Year-End
For the past two years, DBD Group has been working with a cohort of nonprofit leaders from across the country on strategies for improving annual giving. While there are many learnings to be shared, I think the most interesting may be what we’ve learned in developed major gift relationships.
Read More
Topics:
Annual Campaign,
Annual,
Annual Fundraising
The origin of the phrase “getting down to brass tacks” is most often attributed to the haberdashery trade where “…in order to be more accurate than the rough-and-ready measuring of a yard of material by holding it out along an arm’s length, cloth was measured between brass tacks which were set into a shop’s counter.”* This technique allowed for more accurate measurement and a much more efficient process in custom hat-making.
Read More
Topics:
Leadership Development,
Case For Support,
Annual,
Capital
As we come to the end of 2016, we’re taking a look back at the posts that inspired the most conversations on the blog and with our clients. Today’s topic? Asking for a Gift.
Read More
Topics:
Art Of The Ask,
Volunteer Management,
Endowment,
Annual,
Capital,
Board Management,
Best Of
Changing a board’s philanthropic culture is a big challenge. Convincing board members to become true ambassadors, as well as campaigners, for your organization doesn’t happen overnight, but is one of the best legacies you can leave. Cultural change takes time and consistent effort. Too often, we think of this as a one meeting announcement to our board and boom! We’re done.
Read More
Topics:
Volunteer Development,
Board Development,
Culture Of Philanthrophy,
Annual
If you know me, you know this is my favorite time of the year: FOOTBALL SEASON! Football is a game with four quarters. The fourth quarter can be a critical time in not only the game being played, but also sets the tone for future games yet to be played.
Read More
Topics:
Volunteer Development,
Endowment,
Annual,
Capital,
Year-End Giving,
Year-End