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SEVEN STEPS TO SECURE GIFTS FROM DONOR-ADVISED FUNDS

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
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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

FACING THE GAP: CREATING A FOURTH QUARTER MINDSET

Posted by Kennerly Benraty

Whether you’re looking to finish strong on an already successful year, or you’re looking to close a gap to goal, this story of a high school wrestling tournament offers four ways to help any team reach their goal in the face of adversity.

First, let me set the stage…

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Topics: Success Stories, Fundraising, Major Gifts, Annual Campaign, Donor Communications, Campaign Leadership, Financial Development, Purpose, Annual Fundraising, Fundraising Management, End Of Year, Planning, Fundraising Campaign, Development, Preparation

10 WAYS TO MAXIMIZE YOUR GRANT FUNDING PROPOSALS

Posted by Kim Hinrichs

As our clients seek to finish the year strong, we are helping them navigate the changing landscape of grant writing with its new challenges and opportunities. Staying ahead of the curve is crucial for anyone looking to secure funding in a competitive environment. Here’s a look at the latest trends that we are seeing in grant writing. Consider using these strategies to refine your approach and increase your chances of success.

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Topics: Fundraising, Major Gifts, Annual Campaign, Donor Communications, Campaign Leadership, Financial Development, Annual Fundraising, Fundraising Management, End Of Year, Capital Fundraising, Fundraising Campaign, Development, Preparation, grants, grant writing

DIGITAL CURRENCY DONATIONS

Posted by DBD Team

By Brian Keel and Robyn Furness-Fallin

You probably see cryptocurrencies like Bitcoin, Ethereum and Dogecoin popping up on social media trends and news headlines every day.  Some are more established and widely marketable than others, but people are increasingly buying and holding cryptocurrencies for fun, for investment purposes or as a hedge against inflation.  But what is it anyway?  A recent Journal of Accountancy article defined it as “a digital medium of exchange that can be used for purchasing, selling and storing value, but it is not backed by a sovereign government.” 

The good news is nonprofit organizations do not have to understand all the theory and technology behind cryptocurrency to gain the potential benefits of accepting this form of appreciated property as a donation. 

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Topics: Donation, Major Gifts, Strategy, Planning, Giving, Prospect Research, Gift Of Giving, gifts of stock

CREATING A MAJOR GIFTS CULTURE IN 2021

Posted by Bruce Berglund

By Bruce Berglund and Jan Brogdon

Too often, major gift efforts are confined to the framework of a campaign. We ask for these gifts when we have a goal, but we really don’t work to cultivate those major gift donors between and before campaigns. In a time where capital campaigns were slowed or even stopped, some organizations used 2020 to grow a deeper connection with major gift donors. How can the learnings from their experiences, and yours, shape the way you move forward from here?

Any of you that have worked with us know that we believe Case, Leadership, Prospects and a Plan are the key elements of successful fundraising. Consider how you can use this structure as you analyze your own situation.

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Topics: Leadership, Learning, Donation, Major Gifts, Case For Support, Asking, Goals, Nonprofit Leadership, Case Statement, Fundraising Campaign, Gift Of Giving, Covid

LESSONS OF GENEROSITY

Posted by DBD Team

Earlier this week, MacKenzie Scott announced that she had given more than $4 billion to 384 organizations around the country. Some of our clients were fortunate enough to receive one of those gifts. As we read Ms. Scott’s Medium post and learned more about the organizations chosen by her and her team, we realized there are many lessons to be learned from this generous act.

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Topics: Leadership, Donation, Major Gifts, Nonprofit Leadership, Generosity, Giving, Nonprofit

SUDDENLY IT HAPPENED

Posted by Jason Fry

I met with an experienced Major Gift Officer recently who shared a story about a donor he’d been close to for many years. That donor had made a transformational gift to the organization he represented within his first 3 months on the job. The CEO, management team and the board were awestruck that this new guy magically pulled in one of the biggest gifts they’d ever received. The prevailing thought was, “Wow – this is what fundraising should be! Just find the rich people and ask them for money.”

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Topics: Fundraising, Major Gifts, Nonprofit Management, Art Of The Ask

TRUST YOUR DONORS

Posted by Peggy Vinson

When people think of fundraising, they usually are thinking about The Ask – and that can be very intimidating. This month, the Donor By Design Team is taking on How to Ask. Today, Peggy urges us to trust our donors… and the process.

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Topics: Fundraising, Major Gifts, How To Ask, Art Of The Ask

FROM 80/20 TO ONE ON ONE

Posted by Danny Maier

There was a rule of giving I learned early in my career: you will receive 80% of your charitable giving from about 20% of your donors. This draws from the Pareto Principle, first postulated by Italian economist Vilfredo Pareto. New studies indicate that as much as 98% of your charitable donations are now likely coming from only 2% of your donors.

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Topics: Donor Cultivation, Major Gifts

GETTING OUT OF THE SPECIAL EVENTS BUSINESS

Posted by Danny Maier

In Part I of this series, we discussed the hazards of being in the “special events business” versus true fundraising. If you recognized your organization in that post, your next question is probably: “How do we become an organization more focused on major gifts?” The answer is all about culture change.

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Topics: Fundraising, Major Gifts, Culture Of Philanthrophy, Special Events

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