Newsbits
Giving study yields disappointing results
A new study based on data gathered over 15 years from more than 9,000 U.S. families offers an in-depth look into charitable giving during that period — and it includes some discouraging data. The Philanthropy Panel Study is conducted every two years by the Indiana University Lilly Family School of Philanthropy and the University of Michigan Institute for Social Research.
The study indicates that the share of Americans who give to charity has fallen across all ages, as well as all education and income levels. The percentage of households that donated overall fell from 66% in 2000 to 56% in 2014, the most recent year tracked. Giving to houses of worship or religious organizations dropped from 46% in 2004 to 34% in 2014.
Although older working-age Americans are often considered among the most reliable donors, donations from households led by individuals ages 41–64 have tumbled a hefty 13% since 2006, down to 57%. To learn more about the study and find advice for fundraisers based on its findings, visit generosityforlife.org.
Getting new blood for your board
A for-profit start-up company is playing the role of matchmaker for young professionals and junior boards of directors at nonprofits. CariClub ( cariclub.com ) bills itself as “the professional network for social impact.” And it’s partnering with employers such as Citigroup, Unilever and UBS to connect their employees with up to 15 years’ experience with hundreds of organizations.
The nonprofits enhance their succession planning by establishing a pipeline of talented, high-achieving individuals as associate board members they can groom to eventually serve on the senior board of directors. In return, the professionals enjoy the opportunity to network with industry leaders, develop new skills and make an impact. These individuals organize events, attend meetings and give or raise funds, deepening their emotional and financial investments in the organizations. And the service comes at no charge for nonprofits.
Nonprofits brew up alternative funding source
As the new tax law threatens revenues for many nonprofits, some organizations and their supporters are finding creative ways to fill the potential gaps. One approach finding traction? Appealing to beer lovers.
For example, a Lutheran minister and some nonprofit colleagues in the Columbia, S.C., area are in the process of launching Ex Gratia Brewing Company ( exgratiabrewing.org ), a nonprofit brewery and taproom that will donate its net profits to other area and national nonprofits. Ex Novo Brewing ( exnovobrew.com ) in Portland already donates all its profits to four local charities. And Grace in Growlers ( oneninetynine.org/graceingrowlers ) operates a for-profit tasting room in Kailua, Hawaii, that donates its profits to its own nonprofit.
© 2018
This material is generic in nature. Before relying on the material in any important matter, users should note date of publication and carefully evaluate its accuracy, currency, completeness, and relevance for their purposes, and should obtain any appropriate professional advice relevant to their particular circumstances.
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