The healthcare industry is changing dramatically. Traditionally, funds were raised to build large hospital buildings, acquire specialized equipment, and ensure proper and enhanced staffing with the expectation that everyone would eventually come to the hospital to receive care. With rapidly emerging technology, increased access, and sweeping changes to healthcare costs reimbursement models, healthcare institutions recognize [...]
Not 24 hours after the announcement of the world’s largest gift to higher education, there were those eager to criticize it. “Wait, Is Bloomberg’s $1.8-Billion Donation to Johns Hopkins a Good Thing?” screamed the headline in the November 20th issue of The Chronicle of Higher Education. Michael R. Bloomberg’s gift will enable the University [...]
Even before New Year’s Day, 2018 looked set up to be quite a year. It started off with the implementation of some significant tax law changes that had the potential to really impact the nonprofit sector including the increase in the standard deduction and anticipated “gift bundling” that may result. In 2018 the U.S. celebrated [...]
Penelope Burk’s second edition of Donor-Centered Fundraising was released this fall, coincidentally, the same year that Crazy Rich Asians, a movie based on the book by Kevin Kwan, hit the big screen. Burk quotes from Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else by Chrystia Freeland that in 1975, the [...]
Meet Jarrad Howard, Campaign Strategy Studies Coordinator with Alexander Haas! Jarrad's passion is rooted deep for nonprofits and the arts. With a Bachelor of Arts degree in Theatre from Brenau University, and as a member of the Gainesville Theatre Alliance, Jarrad’s background in music and theatre led him to development and fundraising. In this month’s [...]
As some of you will recognize, I’m fascinated by the changing trends in philanthropy, particularly as it relates to innovation. Every day we are introduced to some new technology that promises to encourage our wellbeing up the positive vector. Maybe you’re wondering, Why am I reading about technology and innovation in a Philanthropy blog—stay with [...]
Many nonprofits rely on year-end campaigns to fund their organization. While some tried and true strategies exist, 2018 will have a twist that nonprofit organizations need to plan for as they establish their end-of-year giving campaigns. 1. Setting a Specific Goal Every fundraising campaign your nonprofit engages in should have a clear, realistic goal attached [...]
Governing Boards, particularly those that do not consist of political appointees and work effectively, seem to have several common elements that help to ensure they stay effective. First, they have well-defined and appropriately structured committees where the work of the Board rests. In some Boards, most of that work falls to an executive committee, which [...]
“When we honestly ask ourselves which person in our lives means the most to us, we often find that it is those who, instead of giving advice, solutions, or cures, have chosen rather to share our pain and touch our wounds with a warm and tender hand.” — Henri Nouwen, Out of Solitude: Three Meditations on the Christian Life.
Earlier this year we talked about the possible impact of the Tax Cuts and Jobs Act (TCJA) on charitable giving. The “bumpy road” we suggested then seems to be even more uncertain now – thanks, in-part, to some accounting world advice.