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
By Avrum Lapin In much of the world of philanthropists, a family that has set up a family foundation communicates that someone has “made it.” It conveys a sense of status, and expresses a commitment to social responsibility. A family foundation says that income or wealth has been dedicated to a higher purpose; that a family has a vision for the community and a commitment to providing resources, by mandate, to those areas that are most … [Read more...] about Foundations That Act Like Individuals: Family Foundations Explored
By Avrum Lapin and Andrea Sachs Otto One of the most successful fundraising movements in recent history has been #GivingTuesday, the call to insert philanthropy into the holiday season. According to the program founders, “#GivingTuesday is a global day of giving fueled by the power of social media and collaboration.” It is through social media that donors encourage their friends and family to join them in supporting the work that, hopefully, … [Read more...] about Matching the Message to the Platform: Best Practices in Donor Communication