Philanthropy Today: Personal Observations and Experience

Steve Denning is Chairman of General Atlantic Partners. He has been part of the General Atlantic team from its beginning. After Chuck Feeney founded the firm in 1980, Steve was hired as the second investment professional to build a direct investment company with a singular vision of supporting entrepreneurs as they work to grow their businesses.

Spotlight

Skills for Good

Skills for Good was formerly known as WomenOnCall. WomenOnCall and Chicago Cares merged on January 1, 2018. Until June 2018, Skills for Good volunteer opportunities can be found on www.WomenOnCall.org. Volunteering can be done in person or virtually, and membership is free for both nonprofits and volunteers. Nonprofits gain access to our pool of talented volunteers, and volunteers learn about local skills-based projects. These projects give professionals the opportunity to hone their skills and expand their networks, while nonprofits can search our database by skill set and geographic location to find the right match for their project.

OTHER ARTICLES
Nonprofit Management

What You Post Matters! Tips to Grow Your Nonprofit’s Following

Article | July 13, 2022

Increasing the number of followers your nonprofit has on social media can bring awareness to your cause, result in more donations to your organization, increase event attendance, and much more. The larger your following, the more people see your content and calls to action. So, what’s the best way to gain followers? In short, it’s all about engaging content. What you post matters.

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Nonprofit Management

How Donor Data Can Inform Better Donor Experiences

Article | July 29, 2022

Although we recommend talking directly with your donors to learn what matters to them, one-on-one conversations aren’t the only way to gain valuable information about your donors. Through analysis of the donor data in your fundraising software, you can obtain insights that will help you create a better experience for your donors, and motivate them to give more over time. Here’s what you can learn from the numbers and how you can apply this knowledge to improve your donor experience. Biographic and Demographic Information: This particular donor data isn’t snazzy, but it provides you with important tools to use in donor communications. Here’s what you can do with it. Preferred Name: Even something as simple as addressing your donors by their preferred names or nicknames will go a long way toward building a meaningful relationship. Employment: Improve the timing of your emails by sending to full-time individuals when they’re at work. Age: Millennials are more likely to check social media or text messages for communications, while Baby Boomers are more likely to use email or even snail mail. A multi-channel communication strategy, however, is the best thing to help you reach your donors where they’re at. Educational Background: While someone’s education level may provide insights about their capacity to give, consider looking at what your contacts were involved in while in school. Did they join clubs that provide a clue about their interests? Did they hold certain leadership positions that tell you what they’re committed to? What community service projects were they active in? This information can help you customize your communications more meaningfully. Involvement History: Monetary giving isn’t the only indicator of a donor’s interest in your organization. When you’re putting together your campaign lists, don’t forget to look at other historical indicators as well. Note: If you’re already using Network for Good’s simple, smart fundraising software, demographic details, like the ones above, need to be individually added as “Custom Fields” to a constituent’s record. Involvement in Advocacy Work: If an individual advocates for charities or causes, he or she is usually serious about making a difference and seeks to do so in other ways. Corporate Sponsorships: If someone has organized a corporate sponsorship for her or his place of employment, the individual has demonstrated a willingness to go the extra mile foryour organization. Showing Up at Events: If you have regulars who appear at your events, they’re prime candidates to get more involved. An events platform that integrates directly with your fundraising software can be a key tool here in making sure you’re following up with the right people. Network of Connections: Prospective donors will always be more willing to respond if a friend or business connection has introduced your organization to them. If you think an individual would be willing to contribute to your nonprofit, look at who in your donor database is connected to that person and ask for an introduction. This strategy can also be used for raising corporate sponsorships. Hobbies: Hobbies and interests will tell you who’s most likely to participate in your events. They’ll also give you ideas about what types of events will be most popular with your contacts. Here are a few ideas: Games: Trivia night, bingo, or board games. Outdoors: Run/Walk, golf or fishing tournament, or softball. Food & Drink: Wine tasting, celebrity chef or bartender, or profit share at a restaurant. Music: Benefit concert, talent show, or Battle of the Bands Arts & Culture: Group night at the theatre, charity poetry reading, or author meet-and-greet. Timing of Gifts: When do individuals give? If someone tends to make donations at a certain time of year, your request will probably be welcomed (and successful!) if you ask at that time. Using tools such as the “Giving” filters to conduct donor analysis can help determine if there are trends around a particular time of year for one (or multiple) donors – and knowing the timing of gifts will also help you spend your marketing dollars more wisely. If someone has given within a year-long time period, that person is much more likely to give again than someone who gave two years ago. You can allocate your marketing resources more intelligently if you know who is more likely to donate. These are just a few ideas on how to use your data to not only build a stronger donor experience but also increase your fundraising revenue. Learn why the donor experience is vital to a successful organization and how to implement an effective donor experience program by downloading “A Better Donor Experience: Is it the Cornerstone of Donor Loyalty?”

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Nonprofit Management

Top 5 Trends for Non-Profits in 2022

Article | July 11, 2022

Non-profits can lead with a data-driven strategy that seamlessly connects staff and volunteers and engages donors if they have the right tools. In the coming year, non-profits will continue to correct course in a still chaotic environment, providing opportunities to rethink strategy with data gathered since transitioning to a digital-first environment. With Dreamforce in the rear-view mirror and the new year fast approaching, our non-profit experts are here to share the top five trends for non-profits in 2022. Non-profits continue to adapt and shift strategies: 89% of non-profit marketers have updated their digital engagement strategy and the ability to pivot to digital-first options. For example, remote fundraising; these are the times when organizations adapt to change and priorities to win the hearts of constituents. Connection and collaboration from anywhere: Getting together, meeting new people, and gathering has changed drastically and will continue to evolve. Hence making remote connections is a key trend for non-profits in 2022. Data-informed decisions: Establishing transparency around your non-profit gives you insights into how your funds are spent. The best way to showcase it is through data-informed decisions. Invest in people: Non-profits use digital platforms and can depend on that data to create meaningful conversations with donors and volunteers to build relationships and also with the staff to ensure what are their needs that requires attention. After two years of going digital, every non-profit’s new year's resolution should be to put data to use. Using data through foundational technology is the best way to connect with constituents while also remaining agile in order to adapt and ensure that teams are working effectively to power your mission. Non-profits must continue to adapt to new ways of fundraising in a hybrid work environment in order to survive and thrive. Furthermore, there is a greater emphasis on finding new ways to connect with donors in an entirely digital environment.

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5 Fundraising Trends for Growing Nonprofits in 2020

Article | May 27, 2020

Just like that, we went from talking about the rising trends in fundraising for 2020 to how nonprofits can sustain operations during the COVID-19 pandemic. Needless to say, it was quite the pivot in conversation. The COVID-19 pandemic has had major implications for nonprofit organizations. Unfortunately, it seems as though the uncertain landscape created by the COVID-19 pandemic will be sticking around for the foreseeable future. With that in mind, it’s time for your organization to consider how it can be agile and thrive through uncertainty.

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Spotlight

Skills for Good

Skills for Good was formerly known as WomenOnCall. WomenOnCall and Chicago Cares merged on January 1, 2018. Until June 2018, Skills for Good volunteer opportunities can be found on www.WomenOnCall.org. Volunteering can be done in person or virtually, and membership is free for both nonprofits and volunteers. Nonprofits gain access to our pool of talented volunteers, and volunteers learn about local skills-based projects. These projects give professionals the opportunity to hone their skills and expand their networks, while nonprofits can search our database by skill set and geographic location to find the right match for their project.

Related News

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.

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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.

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