Philanthropy Forecast, 2018: Trends and Issues To Watch

When I first started following philanthropy over 20 years ago, it was a pretty sleepy sector. The big legacy foundations were the dominant players, and then, as now, they tended to move slowly—often taking a year or more to shift strategies in drawn-out planning processes.But the pace of change started to accelerate in the early 2000s as a billionaire class minted by a second Gilded Age turned to large-scale giving. And, in just the past few years, things have speeded up sharply, with a host of new mega-givers embarking on ambitious philanthropy. Other trends like impact investing, rising racial tensions, and the election of Donald Trump have also brought change and disruption. There’s a lot going on.

Spotlight

Global Philanthropy Group

Global Philanthropy Group advises the world's leading philanthropists. We work with high net worth individuals, charitable foundations and corporations to design and implement highly-leveraged philanthropic strategies. Our management expertise and proprietary network of global experts help our clients achieve lasting, meaningful results.

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Nonprofit Management

Holding the Line: Compliance for Nonprofits

Article | July 14, 2022

When those in the nonprofit sector consider “compliance” the first thing that often comes to mind, and rightly so, is maintaining nonprofit status with the Internal Revenue Service. That makes sense, because failure to properly maintain nonprofit status has significant implications on taxes and can negatively impact fundraising. But compliance for nonprofits shouldn’t stop there. A comprehensive, documented compliance program, that includes privacy, security, marketing, donor and grantee diligence, and vendor management, for example, can go a long way to protecting the organization, its donors, and its constituents.

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Nonprofit Management

Nonprofit Success in Times of Crisis

Article | July 12, 2022

In recent weeks all business sectors across America have made significant transitions with their work force and have overcome huge hurdles to their success in response to the Covid-19 pandemic. Employees everywhere are doing their best to meet the goals expected of them in a time of intense uncertainty and rapid change. The nonprofit sector is one industry that has faced unique challenges due to the pandemic.

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Nonprofit Management

4 Challenges that Large Non-profit Organizations Face

Article | July 11, 2022

Large non-profit organisations must frequently overcome extreme challenges in order to stay on track toward achieving their mission and goals. There are currently 1.4 million tax-exempt organisations in the United States alone, so there is no shortage of non-profit organisations competing for resources, financial assistance, and talent. The challenge is exacerbated because a large non-profit (or small non-profit) is expected to make all strategic decisions with its organisational mission in mind. The good news is that a non-profit’s mission can guide them in making the right decisions and overcoming obstacles. Large non-profits face numerous challenges on a daily basis in order to stay on track. These issues include sustainability, donor retention and engagement, finding the right volunteers, and organising internal and external processes. Today, we'll go over these issues in greater depth and offer solutions. How Can Large Non-profits Be Sustainable? Sustainability is critical to a large non-profit’s long-term success. Large non-profit organizations frequently must uphold a recognizable brand and reputation. Developing a strategic plan with sustainability as the foundation starts with an organization's mission and vision. How Can Large Non-profits Keep and Engage Donors? Another issue that large non-profit organizations frequently face is retaining and engaging donors. Did you know that in 2015, 373.25 billion dollars were donated to charitable causes? Large non-profit organizations are tasked with acquiring new donors, engaging their donor base, and retaining valuable relationships. Donor retention rates for offline-only donors are 29%, while online-only donors have a 21% retention rate. Raising these averages by a few percentage points can give a large non-profit organization more reach. How Can a Large Non-profit Find the Right Volunteers? A large non-profit can save a lot of money by identifying and recruiting the right volunteers for the right strategic jobs. According to an Independent Sector study, the average volunteer hour is worth more than $24.00 (2016 data). The value of volunteerism can quickly add up large non-profit organizations that rely heavily on volunteers. Volunteers also provide valuable skill sets to non-profits, which can improve an organization's ability across departments. How Can Large Non-profits Improve Processes? Setting up processes is one of the most important things a large non-profit can do to ensure consistency and control throughout the organization. Every aspect of the organization, including but not limited to fundraising, volunteer coordination, training, strategic engagement, and retention strategies, should have a process in place. Organizations that want to create a road map for success must devote time to strategic planning.

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Fundraising

The Power of Film for Philanthropy

Article | July 15, 2022

Having worked in Hollywood for most of my career, it will come as no surprise to anyone that I champion the power of film for storytelling. However, as my life has headed down a different route, one of philanthropy and charity work, it has become increasingly apparent that the role of film in philanthropy is a crucial one and one that should never be underestimated. Unless they see something with their own eyes, people can find it hard to translate what they read on a page into reality. This is where the power of film for philanthropy comes in. By showing people the facts of a situation, you bring that into their lives, and you pique their interest. You create a connection between the viewer and the charity so that connection can be built upon to gain more support. I had seen this connection first-hand recently when I helped make videos for the 'Children of War Foundation' that highlighted the stories of the refugee students at COWF's School of Dreams. At that point, I had numerous friends who contacted me, saying how they were moved by the content and how they immediately donated after seeing these stories. Philanthropy depends on sharing our experiences, both good and bad, in order to share struggles and achievements. By filming on-the-ground in war zones, or gaining access to share footage of sensitive situations, we can reach people and make them aware of what is happening, and how they can help. Using video footage, a charity or a campaign can amplify their message and support 1,000-fold. It has been proved that donations increase once a video appears on a website or on a social media platform showing the suffering it is trying to help. Having worked on a Facebook/Instagram show, I have learned the importance of content being "shareable" and the massive amount of impact and views content can have if it is. Let me explain a little about why I have come to these conclusions and what drives me. Through film, I can address and contribute solutions to broader world issues; that is my purpose and ambition now. I know how to create films in a way that inspires people and drives them to action. Unfortunately, many non-profits don't know how to utilize storytelling through film, so if I see a way that I can use media to help their cause, I will offer my expertise free of charge, and urge philanthropists, in general, to investigate how they can use film to share their message. One recent example is when I was invited just this past week at the Cannes Film Festival to watch and speak at a round-table discussion for multiple short-form videos made by the UN Refugee Agency (UNHCR), showcasing the various stories of refugees they have worked with. It was clear to me and others attending how important the messages of this content were, and it sparked a big discussion of how to further this kind of impact by sharing refugee stories in a way that is compelling and understandable to a wider audience. Images Need to Have Impact And now to the Children of War foundation (COWF), which has taught me so much about philanthropy and how charities work. I have traveled to regions from Jordan to Navajo Nation to document the foundation's work so that they can promote it on their website, in the media, and on their social media platforms. Most recently, I traveled for COWF to Ukraine to deliver medical supplies to two hospitals. Traveling through warzones with both active bombings and absolute destruction from past attacks, I saw things I never thought I would encounter. It was both the most rewarding and terrifying experience of my life, but it was essential. By making that journey and shooting footage of the realities of war, I am helping share the work and mission of COWF and in turn, that of so many charities risking lives to help the innocent civilians caught up in this and other atrocities around the world. Having traveled to and filmed in refugee camps, most recently to Jordan with my daughters Sophia and Georgia last winter, I know first-hand the impact of war on children. But I have also seen how my films have brought about awareness and support from a greater audience for the charities I help, and this is where my commitment lies. The images we see of the refugee crises around the world are not impactful enough. We need to show the harsher images so that the world grasps the severity of the situation and the everyday human toils, while also understanding that people are people, and making that connection to close the gap of the too well-shared idea of "us and them" when it should be just "us." Clearly, women and children are often the most hard-hit in these wars, but unfortunately, they are also the most overlooked. Because of this, I am a strong proponent of showcasing their stories specifically but also pushing the idea of sustainable aid. The average refugee is displaced for 15-20 years, which is the entire childhood for kids who were displaced at a younger age, making it all the more important to ensure they have access to education and opportunities wherever they are. When sharing this information and pushing for sustainability, helps to educate a greater audience and break the cycles of giving short-term aid that often may not solve the real root issues. Of late, I have frequently said that the Ukraine war is the first TikTok war - the first whereby imagery of those involved on-ground is shared as much as that filmed by mainstream media. This is good; it is getting the horrors of war out there for all to see directly. While this information is often brutally honest, by being subjected to these images, we are given the truth of the situation and often compelled to help. Cinematography is prompting philanthropic action. I find it hard to take any positives from the current global situation. However, in such scenarios, ordinary people like you and I have often responded to the call to action and explored ways to help in the past. So how do philanthropists and charities go about using film for good? They need to know how to make content, whether as a short film, an Instagram video, etc., in a way that inspires people. Many non-profits don't know how to use storytelling, but if they can recruit those who do, it could be of great help. Especially if done with respect for the organization's work and wanting to share its story rather than sensationalize it. If this can become a movement, we can see the real impact of film-making in philanthropy.

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Spotlight

Global Philanthropy Group

Global Philanthropy Group advises the world's leading philanthropists. We work with high net worth individuals, charitable foundations and corporations to design and implement highly-leveraged philanthropic strategies. Our management expertise and proprietary network of global experts help our clients achieve lasting, meaningful results.

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Financial Management, Philanthropy

TIFIN Give expands its reach as a leading technology powered philanthropy platform for wealth enterprises

PR Newswire | February 01, 2024

TIFIN, a leading AI and innovation platform, today announced its philanthropy platform TIFIN Give has acquired Giving Place, the tech solution for family office giving programs and private foundations. The newly combined company now has increased scale and resources to service families through advisors, the workplace, and family offices. The firm now helps oversee $670 million in philanthropy assets and helped facilitate $40 million in charitable donations in 2023. The donor-advised fund (DAF) space has seen rapid growth in recent years. DAF assets nearly doubled between 2018 and 2022 and stand today at ~$230 billion; total DAF assets are estimated to grow to $1 trillion by 2030. Private foundation assets reached $1.25 trillion last year. The ability of TIFIN Give to serve these charitable structures, among others, continues to unlock substantial opportunities and value for wealth enterprises and their clients. TIFIN Give's next-generation DAF platform provides a multi-custodial platform, SOC-2 security compliance, and expanded investment options including custom model portfolios. It is now deployed at leading wealth enterprises and employers through their recent partnership to power an employee DAF solution with Morgan Stanley at Work. Through the Giving Place acquisition, TIFIN Give can now address the philanthropic needs of all asset classes in the wealth enterprise space," said Cor Hoekstra, Head of Wealth Enterprise Partnerships at TIFIN. "We are excited to now reach all types of donors. The new company will be led by Giving Place's co-founder and CEO, Paul Lussow. Co-founder Alex Paul, will remain involved and serve on the TIFIN Give board. "Our focus on supporting and growing the philanthropic capabilities of wealth enterprises will accelerate through this combined company," said Lussow. "The key to solving many pain points for donors and their advisors will be powered by the integration of TIFIN Give's digital-first DAF platform with Giving Place's philanthropy software solution for family offices and private foundations," said Giving Place co-founder and TIFIN Give board member Alex Paul.

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Philanthropy

Austin FC and Q2 Support Local Nonprofits Through Q-mmunity Gives Grant Program

Business Wire | October 03, 2023

Austin FC and Q2 Holdings, Inc. announced today that the organizations are once again teaming up to support local nonprofits dedicated to promoting diversity, equity and inclusion in Central Texas through its Q-mmunity Gives grant program, which returns for a third consecutive year after launching in 2021. As part of the annual program, Austin FC and Q2 will award three (3) separate $50,000 grants to three (3) nonprofit organizations, altogether totaling $150,000, that focus on the advancement of underrepresented communities through the following impact areas: education, job skills and readiness, and health and wellness. Central Texas nonprofits Central Texas Table of Grace, Latinitas and Literacy Coalition of Central Texas were named the 2022 Q-mmunity Gives grant recipients. “During its first two years, the Q-mmunity Gives grant program has shown its ability to make a direct impact in our community, and as such, it has become a staple in our calendar,” said Austin FC President Andy Loughnane. “We’re grateful to be aligned with Q2 on this key initiative given the importance of directly supporting Austin’s nonprofit community.” “We’re excited to partner with Austin FC to support the Central Texas nonprofit community,” said Q2 Chief Executive Officer Matt Flake. “Our mission is centered on building strong and diverse communities by strengthening their financial institutions, and we look forward to supporting three local nonprofits to expand their community service and impact.” For a grant application to be considered eligible, it must meet the following criteria: Nonprofit organizations must be committed to promoting diversity, equity and inclusion in the Central Texas Community; Program/project must fall within one or more of the following impact areas: (1) Education, (2) Job Skills & Readiness, (3) Health & Wellness; Program/project must be in the Central Texas community; Request must come from nonprofit organizations (no funding to individuals); Requested funds must be used to implement a project; capacity grants are not awarded by Austin FC and Q2 Q-mmunity Gives.; Nonprofit organizations must be certified as tax exempt under Section 501(c) (3) of the U.S. Internal Revenue Code and not a private foundation as defined in section 509(a) of the code; and Nonprofit organization must be in good standing with the Internal Revenue Service (IRS), the Texas Franchise Tax Board and the Texas Secretary of State. The Austin FC and Q2 Q-mmunity Gives Grant Committee will accept applications beginning today, Sept. 26, through Oct. 16. About Q2 Holdings, Inc. Q2 is a leading provider of digital banking and lending solutions to banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2’s comprehensive solution set allows its customers to better onboard, grow and serve their consumer, small business and corporate clients. Headquartered in Austin, Texas, Q2 has offices throughout the world and is publicly traded on the NYSE under the stock symbol QTWO. About Austin FC Austin FC joined Major League Soccer (MLS) as the League’s 27th club in January 2019. Austin FC officially began competing in MLS in April 2021 and played its first match at home on June 19, 2021, in the new, 100% privately financed, $260 million, state-of-the-art Q2 Stadium in Austin. In its second year, Austin FC finished the regular season 2nd in the Western Conference, while also making a run to the Western Conference Finals during the 2022 MLS Cup Playoffs. Austin FC also operates the Austin FC Academy, the fully funded developmental academy representing the highest level of competition for elite youth soccer players in Central Texas, while serving as the exclusive developmental pathway to MLS for the region’s most talented young players. In 2023, the Club launched Austin FC II, a professional-level development team, competing as one of 27 clubs in MLS NEXT Pro. The team completes the pro player pathway between elite youth soccer (MLS NEXT) and MLS, for players to develop, improve, and potentially move up to the Austin FC first team.

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Philanthropy

Catchafire Platform Drives $250M+ in Savings for Nonprofits, Further Empowering Philanthropic Impact and Dollar Value for Funders

PR Newswire | September 26, 2023

Catchafire, the leading online volunteer platform, proudly announces a remarkable milestone in its ongoing mission to supercharge nonprofit work with skilled and highly motivated volunteer talent. To date, Catchafire has facilitated over $250 million in savings for nonprofits, reinforcing its commitment to driving both philanthropic impact and value for funders. "Our success metrics demonstrate that Catchafire is powering the important work of nonprofits and saving them precious monetary resources at the same time," said Matt Miszewski, CEO of Catchafire. "Through enabling nonprofit work by harnessing the potential of skilled volunteers we not only ensure important philanthropic work is carried out, but we also drive unmatched value for donating and funding organizations through our partnerships." Catchafire Impact Metrics (to date): Nonprofit Value Created:$251,972,481 Total Hours Donated:1,303,945 Current Active Nonprofits:12,566 Total Volunteer Applications:341,272 Catchafire continues to grow its network of nonprofit organizations, volunteers, foundations, and corporate donors, with a commitment to fostering meaningful connections that ultimately improve the lives and communities of many. As the platform expands, the potential for even greater savings and philanthropic impact is possible. If you are a grantmaker or a corporate donor looking to maximize the impact of your funding, contact Catchafire to set up an informational meeting to discuss your needs. About Catchafire Catchafire is a place for people to come together and do good. Catchafire brings together government, philanthropy, business, and volunteers with the goal of bridging paths to stronger communities. We have been shifting skills and resources to communities across the country for over a decade. Every day, we help communities grow stronger by listening to what they need and making sure they get those resources. We are the leading online platform for nonprofits to connect with everyday professionals—our team has helped nonprofits create over $250 million dollars in value, with over 1 million volunteer hours donated. Learn more at catchafire.org.

Read More

Financial Management, Philanthropy

TIFIN Give expands its reach as a leading technology powered philanthropy platform for wealth enterprises

PR Newswire | February 01, 2024

TIFIN, a leading AI and innovation platform, today announced its philanthropy platform TIFIN Give has acquired Giving Place, the tech solution for family office giving programs and private foundations. The newly combined company now has increased scale and resources to service families through advisors, the workplace, and family offices. The firm now helps oversee $670 million in philanthropy assets and helped facilitate $40 million in charitable donations in 2023. The donor-advised fund (DAF) space has seen rapid growth in recent years. DAF assets nearly doubled between 2018 and 2022 and stand today at ~$230 billion; total DAF assets are estimated to grow to $1 trillion by 2030. Private foundation assets reached $1.25 trillion last year. The ability of TIFIN Give to serve these charitable structures, among others, continues to unlock substantial opportunities and value for wealth enterprises and their clients. TIFIN Give's next-generation DAF platform provides a multi-custodial platform, SOC-2 security compliance, and expanded investment options including custom model portfolios. It is now deployed at leading wealth enterprises and employers through their recent partnership to power an employee DAF solution with Morgan Stanley at Work. Through the Giving Place acquisition, TIFIN Give can now address the philanthropic needs of all asset classes in the wealth enterprise space," said Cor Hoekstra, Head of Wealth Enterprise Partnerships at TIFIN. "We are excited to now reach all types of donors. The new company will be led by Giving Place's co-founder and CEO, Paul Lussow. Co-founder Alex Paul, will remain involved and serve on the TIFIN Give board. "Our focus on supporting and growing the philanthropic capabilities of wealth enterprises will accelerate through this combined company," said Lussow. "The key to solving many pain points for donors and their advisors will be powered by the integration of TIFIN Give's digital-first DAF platform with Giving Place's philanthropy software solution for family offices and private foundations," said Giving Place co-founder and TIFIN Give board member Alex Paul.

Read More

Philanthropy

Austin FC and Q2 Support Local Nonprofits Through Q-mmunity Gives Grant Program

Business Wire | October 03, 2023

Austin FC and Q2 Holdings, Inc. announced today that the organizations are once again teaming up to support local nonprofits dedicated to promoting diversity, equity and inclusion in Central Texas through its Q-mmunity Gives grant program, which returns for a third consecutive year after launching in 2021. As part of the annual program, Austin FC and Q2 will award three (3) separate $50,000 grants to three (3) nonprofit organizations, altogether totaling $150,000, that focus on the advancement of underrepresented communities through the following impact areas: education, job skills and readiness, and health and wellness. Central Texas nonprofits Central Texas Table of Grace, Latinitas and Literacy Coalition of Central Texas were named the 2022 Q-mmunity Gives grant recipients. “During its first two years, the Q-mmunity Gives grant program has shown its ability to make a direct impact in our community, and as such, it has become a staple in our calendar,” said Austin FC President Andy Loughnane. “We’re grateful to be aligned with Q2 on this key initiative given the importance of directly supporting Austin’s nonprofit community.” “We’re excited to partner with Austin FC to support the Central Texas nonprofit community,” said Q2 Chief Executive Officer Matt Flake. “Our mission is centered on building strong and diverse communities by strengthening their financial institutions, and we look forward to supporting three local nonprofits to expand their community service and impact.” For a grant application to be considered eligible, it must meet the following criteria: Nonprofit organizations must be committed to promoting diversity, equity and inclusion in the Central Texas Community; Program/project must fall within one or more of the following impact areas: (1) Education, (2) Job Skills & Readiness, (3) Health & Wellness; Program/project must be in the Central Texas community; Request must come from nonprofit organizations (no funding to individuals); Requested funds must be used to implement a project; capacity grants are not awarded by Austin FC and Q2 Q-mmunity Gives.; Nonprofit organizations must be certified as tax exempt under Section 501(c) (3) of the U.S. Internal Revenue Code and not a private foundation as defined in section 509(a) of the code; and Nonprofit organization must be in good standing with the Internal Revenue Service (IRS), the Texas Franchise Tax Board and the Texas Secretary of State. The Austin FC and Q2 Q-mmunity Gives Grant Committee will accept applications beginning today, Sept. 26, through Oct. 16. About Q2 Holdings, Inc. Q2 is a leading provider of digital banking and lending solutions to banks, credit unions, alternative finance companies, and fintechs in the U.S. and internationally. Q2’s comprehensive solution set allows its customers to better onboard, grow and serve their consumer, small business and corporate clients. Headquartered in Austin, Texas, Q2 has offices throughout the world and is publicly traded on the NYSE under the stock symbol QTWO. About Austin FC Austin FC joined Major League Soccer (MLS) as the League’s 27th club in January 2019. Austin FC officially began competing in MLS in April 2021 and played its first match at home on June 19, 2021, in the new, 100% privately financed, $260 million, state-of-the-art Q2 Stadium in Austin. In its second year, Austin FC finished the regular season 2nd in the Western Conference, while also making a run to the Western Conference Finals during the 2022 MLS Cup Playoffs. Austin FC also operates the Austin FC Academy, the fully funded developmental academy representing the highest level of competition for elite youth soccer players in Central Texas, while serving as the exclusive developmental pathway to MLS for the region’s most talented young players. In 2023, the Club launched Austin FC II, a professional-level development team, competing as one of 27 clubs in MLS NEXT Pro. The team completes the pro player pathway between elite youth soccer (MLS NEXT) and MLS, for players to develop, improve, and potentially move up to the Austin FC first team.

Read More

Philanthropy

Catchafire Platform Drives $250M+ in Savings for Nonprofits, Further Empowering Philanthropic Impact and Dollar Value for Funders

PR Newswire | September 26, 2023

Catchafire, the leading online volunteer platform, proudly announces a remarkable milestone in its ongoing mission to supercharge nonprofit work with skilled and highly motivated volunteer talent. To date, Catchafire has facilitated over $250 million in savings for nonprofits, reinforcing its commitment to driving both philanthropic impact and value for funders. "Our success metrics demonstrate that Catchafire is powering the important work of nonprofits and saving them precious monetary resources at the same time," said Matt Miszewski, CEO of Catchafire. "Through enabling nonprofit work by harnessing the potential of skilled volunteers we not only ensure important philanthropic work is carried out, but we also drive unmatched value for donating and funding organizations through our partnerships." Catchafire Impact Metrics (to date): Nonprofit Value Created:$251,972,481 Total Hours Donated:1,303,945 Current Active Nonprofits:12,566 Total Volunteer Applications:341,272 Catchafire continues to grow its network of nonprofit organizations, volunteers, foundations, and corporate donors, with a commitment to fostering meaningful connections that ultimately improve the lives and communities of many. As the platform expands, the potential for even greater savings and philanthropic impact is possible. If you are a grantmaker or a corporate donor looking to maximize the impact of your funding, contact Catchafire to set up an informational meeting to discuss your needs. About Catchafire Catchafire is a place for people to come together and do good. Catchafire brings together government, philanthropy, business, and volunteers with the goal of bridging paths to stronger communities. We have been shifting skills and resources to communities across the country for over a decade. Every day, we help communities grow stronger by listening to what they need and making sure they get those resources. We are the leading online platform for nonprofits to connect with everyday professionals—our team has helped nonprofits create over $250 million dollars in value, with over 1 million volunteer hours donated. Learn more at catchafire.org.

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Events