Charitable gifts can be divided into three categories: (1) immediate or outright gifts, (2) deferred gifts, and (3) deferred gifts with income benefits. Although it is beyond the scope of this article to detail the technicalities and details of various kinds of gift options, it is important that fundraisers understand the basic concepts and benefits behind gift options.
Endowments are hot topics these days. In nearly every issue, The Chronicle of Philanthropy describes multimillion-dollar gifts to the endowments of some of the largest and most powerful charitable organizations, especially universities and hospital systems. But many organizations are not included in this outpouring of largess. And often the executive directors and board members of nonprofit organizations are confused about the hoopla about endowments. Unfortunately, these leaders do not perceive that endowment building is possible—or even desirable—for their organizations.
cap•i•tal (n): a measure of the assets available to build a business. In general, companies with access to working capital will be more successful since they can expand and improve their operations.
Click here to view the presentation of how to help your business thrive even when the economy isn’t.
“The most important work of any board is to create and re-create the reason for the
organization’s existence [and ensure sufficient resources to realize that vision].
The only…reason for an organization to exist is the production of worthwhile results
that…meet human needs.”
– John Carver Boards That Make a Difference
From a presentation to ARP Central Ohio Chapter in June, 2008. If you would prefer to view the original presentation slides, please click here.
Talk with your donors, leaders, and prospects—either informally or through a formal “mid- campaign assessment” to determine their perception of the campaign
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