charity

Money!

By |November 25th, 2017|

Money. Money continues to be one of the biggest mental blockers for people today. If only I had more money, then I could do x, y and z, these people think. If only we could raise more money, then we could serve more people within our charity. And then there are those who have more money than they will ever need or could ever give away wisely, primarily because so many charitable organizations have no clue on how to manage such large sums of wealth even for the sole purpose of doing good for society. This is a strange [...]

Rich & Famous vs Poor & Unknown

By |November 22nd, 2017|

It doesn’t matter if you have a star studded power board for your nonprofit. I’ve watched nonprofit boards filled with celebrity members crash and burn. This is nothing bad against those in the public eye, but getting star power isn’t always the best route for nonprofit boards. And it doesn’t matter if you have multi-millionaire or even billionaire donors within your donor pool of financial supporters. I’ve watched extremely wealthy people do more harm to their charities without even realizing it. Just because someone has lots of money doesn’t mean they know how to give wisely or engage [...]

Generous Givers vs Financial Supporters

By |November 21st, 2017|

Is there a real difference between givers and supporters? A generous giver, usually loves to bless others through giving whatever resources they have at hand, which will be a true blessing to the recipient. A supporter tends to be a faithful ongoing financial giver to one particular individual and/or organization. Both are donors in different ways. The generous giver tends to be more spirit led in their giving, whereas the supporter usually has made a conscious decision to give x amount of money monthly or yearly to support someone’s lifestyle as that recipient engages in some kind of missional/charitable [...]

Is there More to Wealth & Charity?

By |November 20th, 2017|

Wealth and charity often seem to go hand-in-hand but in reality the wealthy tend to live in worlds literally removed away from all and any signs of poverty and need. Even if they employee a staff of housekeepers to gardeners and others, a wealthy’s house manager tends to interface between the wealthy and the struggling worker. And it is here where they usually have already signed agreements that they cannot make their personal needs ever known much less tell others whom they work for. So how do the wealthy truly engage with poorer people who maybe truly struggling both [...]

Do You Have the Right Philanthropic Advisors?

By |November 16th, 2017|

Nonprofit lawyers, philanthropic advisors, and financial nonprofit experts can be of great benefit on the legal and financial technical instruments available for everything from how to set-up a public charity, private foundation, donor advised fund, community foundation, or other types of tools like charitable remainder trusts, and limited liability partnerships for NGOs and other charitable entities. Some of them may even help you clarifying your mission and vision and values. All of this is important and needed especially when starting out. However, it is also needed to review such documents as by-laws, policies and procedures, grant-making policies and even [...]

4 Pillars of Every Philanthropic PLAN

By |November 15th, 2017|

Every philanthropic plan should consist of at least these four marks. First, a plan should begin with purpose. Without purpose, direction or some goal in mind, then you will not know where you are going, what you are doing or who you need on your team. Purpose is everything when it comes to strategic philanthropic planning. Second, every plan entails leadership. Once you know what your purpose is, then you can attract the right people who can implement your plan. Having the right leadership team is essential. Third, every philanthropic plan needs strategic action steps. Without action you have [...]

The Big Splash! Donors & Their Dollars

By |November 8th, 2017|

There are all kinds of swimmers just like there are all kinds of donors. Big donors like to make a big splash at the swimming pool, but often their big splash causes your pool to actually lose water; i.e. lose money. And smaller donors often like to play with the water hose at the swimming pool, dripping a little bit of water in with a constant flow. As a charity, which kind of swimming pool person do you want as a donor? Do you want the small but steady giver or do you want the one who shows up [...]

Do You Ever Want to Scream?

By |November 6th, 2017|

Do you ever want to just scream! Do you ever feel as if no one is listening to your heart and soul? Do you ever just shake your head in utter dismay on how such educated professionals just cannot get you? When there is a misalignment of communication in any form from texting, emailing, to hand-written letters, and face-to-face meetings, aren’t we all human beings? At times I walk away from a meeting or an email shaking my head in utter confusion, on what I said and how they interpreted it. How am I not being clear in my [...]

Understanding Your Donors

By |November 5th, 2017|

Don’t confuse a donor’s encouragement or excitement for you to receive their money. Now it may seem like a logical conclusion, if an encourager loves the work your charity does, then they will become a faithful donor. This is not necessarily true. Often those who love what you do, will give and will give annually or even monthly. However, some donors will want to wait and see how things go, and sometimes, this takes a few years before they may write any substantial check. Other donors are already too committed financially in helping other charities, so when you stumble [...]