Distance Does Not Cause the Giving Heart to Grow Fonder

The recently released study by the Indiana University Lilly Family School of Philanthropy and CCS - The Million Dollar Gift Next Door - revealed that 50% of the donors lived in the same state as the organization they supported, and another 10% in the same region. So 60% of all top gifts come from people who are thinking local. Good news for local organizations, and schools with a lot of alums nearby. For everyone else it is a wake-up call to find ways to bridge the distance between their missions and the hearts of their donors. On the face of it there is an easy answer as to why - people want to keep their money close to home. Certainly makes sense, but is there something deeper at work? Are donors saying they don't trust organizations they can't see? Is the connection between their mail box and the mission not enough? Is social media failing to make the digital connection? Has face-to-face...
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What Would Make the Rich Give More?

A recent study by SEI Private Wealth Management revealed insights into what would make U.S. Ultra High Net Worth Individuals (average wealth of $11 million in this case) give more. Before we get to that, let’s first look at the potential upside:   The average increase across all segments is 63%! So how do we make that happen?   The first two items are out of our control, but the next two are right in philanthropy’s wheelhouse – passion and impact – or at least they should be. One would think given their wealth these individuals are being approached by a number of organizations and their alma maters, so what’s missing? With all of the need in the world (and all of the organizations saying they will meet those needs), hearing people say they are not able to find something to be passionate about and want to more clearly see the impact of their giving, is frankly depressing. We have the greatest product in the...
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