fundraising

/Tag:fundraising

“Cart Before the Horse” Philanthropy

From talking with professional tax and legal advisors, there seems to be a plethora of well- informed and knowledgeable advisors who advocate “cart before the horse” philanthropy to their clients. Such philanthropic advice comes in several varieties, and most often begins with “How.” Perhaps the advisor asks, “How much do you want to save in taxes?” or “How would you like to avoid capital gains on your sale of appreciated securities?” or “How much do you want to leave to your favorite charity?” Yes, in the right context, these questions are certainly valid, but when asked in regard to philanthropic matters, they tend to place the “cart before the horse.” For an advisor to engage a client in meaningful dialogue [...]

Collaborate for philanthropic impact and survival

How does one survive and thrive in the age of specialization? No matter where we turn for advice -- in the medical, legal, financial or philanthropic field -- information is so fragmented. It's no longer possible to see the "entire picture." In many cases, even when several qualified experts analyze the same information, their advice to the client or donor differs greatly. How does everyone get on the same page? Is it even possible? I believe it IS possible by embracing the elements of collaboration, a process that fosters creativity, transparency, communication, consensus and impact. I believe it's imperative that nonprofit and for profit professionals collaborate to ensure the survival of the Third Sector (nonprofit institutions) as the tax reform [...]