By Avrum Lapin and Andrea Otto For most nonprofits, Baby Boomers comprise the most significant cohort of donors, and those giving the most significant gifts. Defined as those born between 1946 and 1964, Baby Boomers are currently the greatest economic force in giving and indeed, according to a 2015 study by Merrill Lynch, are projected to donate more than $6 trillion in the next 20 years. They are the ones leading capital and endowment … [Read more...] about Transitioning Donors: Next Gen and Baby Boomers: Intersecting Lanes … Same Destination
By Avrum Lapin Leadership fatigue is experienced by many in leadership positions, CEOs, football coaches, spiritual leaders, or Campaign Chairs. The energy and effort required to be an effective leader is exhausting, mentally, emotionally and physically. There are often points where frustrations mount and things get tiring and seemingly insurmountable, requiring leaders to step back, reflect, and recharge. However, there can be a time when the … [Read more...] about Avoiding Leadership Fatigue – The Measure of Fundraising Success
By Avrum Lapin and Andrea Otto Crowdfunding has been heralded as the next “really big thing” in philanthropy. According to a recent Pew Research center study, 22% of American adults have supported a crowdsourced online fundraising project. Translation… more than $34 billion in worldwide donations in 2015. The rapid rise of crowdfunding is stunning; commanding that development staff, executive directors and board members take notice. What is … [Read more...] about Crowdfunding 101: Is it For You…or Not?
By Avrum Lapin In the world of nonprofits - and especially at the intersection with the philanthropic marketplace, understanding and embracing relationships and personal connections is the path to organizational support and growth. Successful organizations have established an imperative, and a framework where current donors may recommend their friends and colleagues as potential supporters. Development and fundraising professionals hear of … [Read more...] about The Importance of Tracking Relationships: Cultivating and Stewarding Relationships with Donors
By Avrum Lapin One of the most commonly used new buzzwords in development and philanthropy recently has been “data.” Using data effectively, data analysis, and data philanthropy are terms and ideas that have quietly crept into our lexicon of development best practices. Using data helps synergize the art and science of fundraising, allowing numbers to fill in some of the gaps, helping to support intuitive assumptions. For those who are not … [Read more...] about Synagogue Fundraising Success: Data is the Difference