(Don’t) Mind the Gap: Why It’s Time to Change the Conversation Around the Annual Fund

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(Don’t) Mind the Gap: Why It’s Time to Change the Conversation Around the Annual Fund

It’s time to change the conversation around annual funds. Traditionally, many independent school annual funds have focused on “bridging the gap” or closing the chasm that exists between tuition costs and a school’s operating expenses. Annual funds are often used to cover the discrepancy between tuition and the full cost to educate a child—from technology

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Raising the Roof on Endowments

If there’s one thing the pandemic taught cultural organizations, it’s that planning ahead means ensuring sustainability. When COVID-19 shuttered theaters and cultural venues across the country in March 2020, all forms of earned revenue – primarily ticket sales – ceased overnight. In response, organizations scrambled to reduce operating budgets and increase contributed revenue to stay

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4 Reasons to Invest in Planned Giving Today

There is a great, untapped resource of charitable people in the U.S., and it might not be who you’d expect.   Blackbaud Institute recently found that not only has charitable giving exploded in the U.S. since the pandemic, but the average age of donors has risen from 62 to 65. Older individuals are becoming more

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The Right Fundraiser Will Take Your Organization to the Next Level: How to Spot Them

As nonprofits work to recover from economic challenges and plan for stable futures, many have realized the importance of investing in the right fundraising professional to help sustain their mission well into the future. Opportunities within the field of fundraising continue to grow; the U.S. Bureau of Labor Statistics predicts about 12,000 openings for fundraisers

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10 Things Your Board Can Do RIGHT NOW to Move the Philanthropic Needle

As summer approaches and volunteers start to enter “vacation mode,” it’s easy for your organization’s board expectations to fall by the wayside. Beyond their fiscal and governance responsibility, the crux of nonprofit board members’ responsibilities rest in the ability to move the philanthropic needle.  Sure, not every board member fancies himself or herself a fundraiser.

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Deep Dive: Giving USA 2021

Giving USA Foundation has released its highly anticipated annual report on giving—perhaps the most eagerly awaited report ever as those in the nonprofit industry waited to see how the events of 2020 would impact philanthropy. Facing a worldwide pandemic, economic shutdown, social injustices, and a tense Presidential election, Americans came together to support the greater

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Biden’s Tax Proposals and Potential Implications on Giving

President Joe Biden’s proposed tax changes could impact high-net-worth individuals and their charitable giving choices. While the proposals include increasing the top rate on taxpayers making more than $400,000 and increasing capital gains and dividend tax rates for taxpayers earning more than $1 million annually, these changes have the potential to spur charitable giving by

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Board Committees: Why Are They Important?

Regardless of where a Board of Trustees is in its “life cycle” (for instance, a start-up board looks very different from a mature, 20-year+ Board with multiple programs and facets), functional committees become a key ingredient of the ongoing capacity building efforts of the organization. Indeed, as board authority BoardSource notes in Governance as Leadership,

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