March 18, 2025
From the Desk of
Jane G. Barghothi ¦ Associate Partner
DAFgiving360 Awards $7.7B+ in 2024
DAFgiving360 (formerly Schwab Charitable) reports that its donors contributed over $7.7 billion to charity in 2024, marking a 25% increase ($1.5 billion) year-over-year. Donors awarded more than 1.3 million grants in support of 151,000 individual nonprofits. Contributions included over $175 million for disaster relief. Seventy-two percent of grant recommendations were unrestricted, enabling organizations to allocate the funds where they were most needed swiftly, and one out of every three allocations was established as a recurring grant. Additionally, 83% of donors directed funds within their home state. PND 2-17
Independent Schools Saw 12.3% Return on Endowments in FY2024
The Commonfund Benchmarks Study® of Independent Schools reported an average annual return of 12.3% on their endowment assets for the 2024 fiscal year. This marks the second year in a row of strong positive returns and is the first study year since FY2020 in which one-year returns did not fluctuate drastically. The difference in returns from FY2020 to FY2021 was 37.1%, and from FY2021 to FY2022, 20.5%.
Long-term portfolio gains were positive: the five-year average return was 7.7% in FY2024, up from 6.0% in FY2023, while the ten-year average return of 6.7% stayed the same as the previous year. New data collected in this year’s study indicate an average 15-year return of 8.0% and a 20-year return of 6.9%.
Independent Schools & Philanthropic Funds Data
We’ve got new data in from some Independent School Associations. Florida Council of Independent Schools is up next. Let’s look at what participating schools raised in philanthropic funds in this regional association for data entry year 2024-2025.
School Count 138
Advancement Median Funds Received for ’24 | $925,000 |
Median Number of Donors | 365 |
Median Percent Participation by Constituency & Hard Credit Funds Received | |
Median % Participation by Parents/Guardians of Current Students | 57.7% $410,468 |
Median % Participation by Alumni/ae | 3.6% $36,756 |
Median % Participation by Grandparents of Current Students | 9.3% $60,537 |
Median % Participation by Parents & Grandparents of Alumni/ae | 7.0% $104,242 |
Median % Participation by Employees | 88.2% $19,319 |
Trustees | |
Median Number of Trustees | 10 |
Median Hard Credit Funds Received by Trustees | $11,000 |
Median Soft Credit Funds Received by Trustees | $89,589 |
Funds Received by Purpose (’24) | |
Median Funds Received for Current Operations: Unrestricted | $408,421 |
Median Funds Received for Current Operations: Restricted | $264,012 |
Median Funds Received for Endowment | $161,570 |
Median Funds Received for Other Capital Purposes | $389,358 |
Median Funds Received for Irrevocable Deferred Gifts at Face Value | $250,001 |
9 Tips for Thank-Yous That Make Donors Feel Valued
The Love Project, a recent report from the Institute for Sustainable Philanthropy, identifies several evidence-based strategies that fundraisers can use to help donors cultivate genuine feelings of love for the causes they support. The crucial point is that fundraisers must also experience this love through gratitude. This will enable you to comprehend what drives your donors to give and to express your thanks in a way that feels deeply rewarding and reciprocal.
9 Tips
Use Sensory Storytelling to Evoke Feeling
Combining sensory descriptions with a photograph will create a scene and immerse donors in a moment by narrating a compelling story about the impact of their contributions.
Don’t Keep Donors at Arm’s Length
Treat supporters like close, valued partners in a thank-you letter. Consider expressing gratitude from the many people working behind the scenes, as donors want to feel included in the mission’s work.
Tie Your Thank-Yous to Your Campaigns
Always reference the appeal that prompted the gift in your donor acknowledgments.
Abide by a 48-Hour Rule
The rule of thumb is that you have 48 hours after receiving a charitable gift to send a thank-you note. Missing that two-day window substantially lowers the chance that the donor will give again.
Don’t Use A.I. Without Careful Editing
A.I. programs like ChatGPT could be useful to spark a feeling of gratitude for the writer of your thank-you letters, but the output will not be good enough to send because it will lack an authentic person-to-person connection.
Adapt Your Language Over Time
Every long-term relationship starts with getting to know each other, so earlier thank-you letters should look very different from the ones you send after years of loyal giving.
Tailor Your Thanks to Donors’ Communication Preferences
For instance, you should thank online donors as soon as they click “donate.” Ask donors for their communication preferences and then follow them.
Don’t Send Trinkets
It’s about being aware of our resources, but it’s also about being mindful of how our donors perceive our use of them.
Finish With a Flourish
The letter should be signed by the person in your organization who has the strongest connection to its content. This could be a program leader, CEO, board member, or a beneficiary of your group’s services sharing their story. COP, 3-6
We Know Independent Schools
For more than 35 years, Alexander Haas has been a fixture in the nonprofit community. We are honored to have worked with so many remarkable independent schools, both secular and non-secular, across the country that help mold today’s adolescents into tomorrow’s leaders. Take a look at our list of independent school clients, past and present.
A Fresh Approach to Fundraising
Our services aren’t cookie cutter. We don’t operate with a boilerplate, merely changing names and locations. We craft each and every service we provide to match your organization’s unique needs, wants and abilities. We work hard and expect you to do the same. Together we can help you transform your institution, your fundraising, and the community you serve.
Whether your need is in Capital Campaign, Annual Fund Campaign, Major Gifts, Leadership Annual Giving, Planned Giving or all of the above, we take a fresh approach to nonprofit fundraising.
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