AFP Top Ten: "Brexit" Issues for Nonprofits, Gift Planning Tips, More!
10 great articles from AFP.
The Rise Of Online Art Collecting
An interesting article from a site that I wasn't previously aware of.
The Toyota effect: DFW a beacon for companies from Japan and beyond
Tech Titans selects 25 Fast Tech contenders
Good companies to keep an eye on as all must have revenue between $2 million and $200 million to be eligible.
A simple score you can probably build in Excel
The PDF is a little long, but contains a lot of visuals and clear instructions.
How European and American billionaires made their money
David Lawson shared the link to this interesting chart from Caroline Freund. Here is a link to the original article.
Kids Incorporated: The Top-Earning Children's Authors 2016
Should there be a Minimum Number of Visits to Justify a Fundraiser’s Travel?
Thanks to Elizabeth Roma for sharing the link to this piece from APRA Carolinas that aims to spark further conversation.
Happy "Indendepdents" Day from BWF
Josh Birkholz shared this image of some of the top independent variables that appear in BWF's models.
7 Major Gift Secrets Every Fundraiser (and Board Member) Should Know
Most of these tips might seem obvious from our position, but may not always obvious to management.
With foundation funders, does “No” mean “Maybe”? – Part 1
Don't be disheartened when a foundation indicates they do not accept unsolicited proposals.
The Future of Search
This is nice forward-looking piece that ponders what the future of search might be.
Brexit Vote Will Force Philanthropy to Tackle Many Tough Issues
The recent British referendum will have ramifications for people across the globe.
Philanthropy in a Time of Turmoil: 3 Cheers for the Establishment
I was struck by these two sentences: "If they didn’t exist, someone would have to create them. That’s because the need is there and lives are often on the line." The work that we do is important, and it changes lives.
Corporate Philanthropy: Totals Up, Skepticism Down?
It is unlikely that corporate giving will ever approach the level of individual donors, but it is nice to see it inching upward.
Are IPOs coming back?
I hadn't consciously registered a drop in IPOs, but the numbers don't lie.
Brexit: A Silver Lining For Foreign Property Investors
Time will tell whether foreign property investors will take advantage of the recent drop in sterling.
Implications of research on gender & philanthropy for intergenerational transfer of wealth
This is a wonderful interview and don't miss the link to the Bill and Melinda Gates Foundation's report, "Giving to Women and Girls: Who Gives, and Why."
Gold nuggets from the Capgemini World Wealth Report 2016
Leave it to the Helen Brown Group to offer up some wonderful tidbits from the report.
Oil and Gas Slump Moderates, Outlook Improves
The outlook that was reported is a positive sign for the oil and gas industry. As Bruce Bullock noted during our recent happy hour, there is a difference between being poor and feeling poor.
“You’re Just Too Good To Be True”: The Many Odd Faces of the Faux Donor
Thanks to Helen Brown for the link. Once you get through the entertaining stories, take note of the great advice on the importance of due diligence.
“Los Angeles’ multi-millionaire population fluctuates between 6,000 & 11,000 throughout the year.”
Rachel Dakarian tweeted a link to this story by Luxury Society with continued analysis of the 2016 Knight Frank Annual Wealth Report.
Brexit and Immigration’s Role in Philanthropy
Obviously a lot has changed in the last 24 hours.
How to Find Major Donors Among Midlevel Supporters
Philanthropy 101: MA students learn about charities
It is wonderful to see students learning about philanthropy at this stage in their lives.
European unicorns remain elusive
Unicorns, private start-up companies with valuations of at least $1bn, are much more rare in Europe than in Silicon Valley.
"Youngest donors see their investments and their philanthropy as same thing," says Greg Khost of U.S. Trust
I thought this was an interesting observation from this AFP NYC's Fundraising Day.
What’s up in Wyoming: prospect management strategy sessions
Portfolio management is something that every prospect management office seems to struggle with. Hearing how other organizations manage their portfolios is one of the best ways to get new ideas.
How to Survive Drowning in an Unwieldy Portfolio Hoard
Coincidentally, Bentz Whaley Flessner also shared six steps for effective portfolio management.
Dear Analyst 5: Speaking at Conferences
The Dear Analyst series continues with encouraging words about speaking at conferences.
Just another service your wealth manager can provide
Many wealth managers go beyond managing clients' wealth to helping provide experiences that they can't get themselves or don't have the time to get.
What is in a Name? A Data Scientist by any other name...
This is an interesting update to Drew Conway's data science Venn diagram.
Teacher pay around the world
"American teachers are underpaid." I think the opening sentence sums up the article, but read on for a look at the data from the OECD.
The startup trying to clean up Wall Street just became an official stock exchange
The firm may be familiar to you if you read Michael Lewis' Flash Boys.
Not Just the 1%: The Upper Middle Class Is Larger and Richer Than Ever
It is interesting to see how different researchers define each of these classes. It is also important to remember that prospect's perceptions of their wealth may be at odds with how they are categorized.
2016 Office Market Report
I wasn't familiar with JLL's Skyline report until this week, but there is some fascinating data for nationwide trends as well as detailed reports for 51 cities in North America.
The Undermining of American Charity
Thanks to Karen Osborne for the link to this essay in The New York Review of Books on the case against donor-advised funds.
Check out our job board for local positions open in the North Texas area.
Where Predictive Analytics is having the Biggest Impact
This article explores the areas that companies are leveraging big data with the greatest impact.
Wealthy millennials explore venture philanthropy
Millennials, in general, are more interested than previous generations in understanding exactly what their money is supporting and the impact it is having.
Are you too proud to be a toilet roll philanthropist?
Outside of the click-bait headline, this article does a good job spelling out the importance of unrestricted donations.
The Five Myths of Big Data
It is impossible to miss the drumbeat of big data, but here are some common myths that you may not be aware of.
Donations Grow 4% to $373 Billion, Says ‘Giving USA’
The Giving USA Foundation released their new report on Tuesday this week.
How the Cast of Hamilton Made Philanthropy Their Mission
It is wonderful to see the team behind this runaway hit giving back.
New IRS regulations encourage use of program-related investments
"Each year, however, nearly $750 billion remains in endowments — where it usually is invested for the single bottom line of financial gain."
Hedge Fund Managers Work to Stanch Loss of Investors
Thanks to Elizabeth Roma for linking to this piece by the New York Times.
Prospect Profiles and Private Co. Valuation
Jen Filla offers some great advice on how (and when) to tackle trying to value private companies.
The way Australian billionaires earn their wealth
Hat tip to Cecilia Hogan for this link.
IRS Unleashes Flood of Searchable Charity Data
The IRS is making electronically filed 990s available in bulk and in a machine-readable format. This story seemed to generate quite a bit of excitement in our timeline!
Zuckerberg's philanthropy project makes first major investment
We linked to a story about the Chan Zuckerberg Initiative earlier this month.
Discovering Donors: Prospect Research Basics
8 places to get started if you are new to prospect research.
6 in 10 of you will share this link without reading it, a new, depressing study says
Thanks again to Cecilia Hogan for the link to a depressing story from the Washington Post that notes "59% of links shared on social media have never actually been clicked."
CEO injects philanthropy into family's culture of money
It is great seeing families committed to philanthropy. For those interested in family offices, the Helen Brown Group did a great podcast about them last year.
Baby boomers and other retirees are lapping up dividend-paying stocks
Dividends are becoming more important than P/E multiples for many boomers.
Inside McKinsey’s private hedge fund
Take a look at a sophisticated, secretive hedge fund with some very notable alumni.
Creating a “Safe Zone” With Family Philanthropy
Creating a separate pool of money for philanthropy allows all members of the family to make decisions about how to spend that capital.
70 is the new 60 — and that’s not good news
With the demise of pensions, Americans are having to save for themselves - a task which we seem woefully inadequate with.
How Iconic Charities Like Red Cross and United Way Are Trying to Win Over Millennial Donors
Millennials are digital natives who "see giving in much broader terms than their predecessors."
This infographic shows where the ultra-rich are scrambling to buy homes
We've mentioned the Knight Frank report before, but here is a quick snapshot of the parts of the world the rich are getting into.
How Much America’s Biggest Companies Give to Charity: an Exclusive Chronicle Study
The Prospect Research Institute linked to this report on corporate philanthropy.
Are Patents Worth Our Time?
That's the question that the Staupell Analytics Group asks in a terrific post with great visuals to help understand what you're looking at.
How Much Everyone Working On a $200 Million Movie Earns (Video)
Vanity Fair published this wonderfully creative look at typical salaries for everyone involved in a typical blockbuster movie.
Wealth inequality has widened along racial, ethnic lines since end of Great Recession
The Pew Research Center looks at the disparity of median net worth in white, black, and Hispanic households from 1983 to 2013.
Chinese UHNW increase overseas philanthropy
"Hurun’s rankings of China’s 100 most generous philanthropists found that the top Chinese donors were most apt to support education and disaster relief, with half of the list giving funds to causes in those two categories."
#FRDay16 and #aprafl2016
AFP Toronto's Fundraiser Day 2016 and APRA Florida's state conference were both this week. Check out the hashtags for some of the great insights that were shared during the week.
Boss keys: The best apps, extensions, and add-ons for your browser
The Helen Brown Group shared some of their favorite apps, add-ons and extensions. Some of these I wasn't familiar with, but will definitely be checking out!
Millennials aren't buying homes right now. What if they never do?
The Guardian explores why millennials are not buying homes the way previous generations did.
China property developers face setbacks in ambitious foreign push
Local politics, changing administrations, regulations, and labor costs are among the challenges faced.
Africa's Female Philanthropists Are Emerging From the Sidelines
Meet some of Africa's female philanthropists and learn about the struggles that they face.
Into the Classroom: A Lesson on Philanthropy and Economic Inequality
This is a thought-provoking piece that explores the decisions that go into philanthropy from a donor's perspective.
The Few At The Top: Can businesswomen get ahead in Dallas? Meet these outstanding executives who are overcoming the odds.
I'll admit that this site is a little convoluted to navigate. Click around, but don't miss the box under the compensation section for the highest-paid businesswomen.
‘We’re struggling to get by on £200,000 a year’
This article reflects a sentiment that I have seen in several contact reports - donors who might appear to be major gift prospects just don't see themselves that way.
One of the World’s Greatest Art Collections Hides Behind This Fence
Kudos to Elizabeth Roma for linking to this fascinating story about the millions of pieces of artwork that are being stored out of sight in tax-free storage.
Meet the 30 highest-paid female executives in the Bay Area 2016
Interesting takeaway: "Many of the women on this year's list make significantly less this year than last, a testament to how having a salary tied to stock options can be affected by a wobbly stock market."
Finding the truth that companies don’t want investors to know
Reading and understanding SEC documents can seem insurmountable without a degree in accounting. Read about some of the techniques that companies can use to mislead their earnings.
Here's Why Successful Businesswomen Prioritize Philanthropy
"The best part is that female business women tend to support more women through their organizations, lifting a new generation of female breadwinners and their future endeavors, both charitable and corporate."
A Sea Change in High-Net-Worth Philanthropy?
Mark Zuckerberg and his wife Dr. Priscilla Chan made headlines when they announced their philanthropy would be going through an LLC instead of a more traditional charitable vehicle. This article explains some of the rationale behind that choice.
Why Virtual Workers Are a Real Asset
The Helen Brown Group shared a piece that resonated with many in our industry about why remote work can be a win-win for both employers and employees.
Prospect Research and the Panama Papers
Helen Brown has collected her thoughts on the Panama Papers and weighs the implications for prospect researchers.
Jamie Dimon Asks: Do You Know Where Your Data Is?
I admit to being a little surprised to see this coming from the head of the nation's biggest bank, but Jamie Dimon is championing transparency with how our data is being used.
Dear Analyst 4
Elisa Shoenberger shares the importance of professional development in your career.
Fundraising Analytics: What we really do
Josh Birkholz has updated the image we've probably all seen by now that looks at how we see ourselves, how our friends see us, how our family sees us, how the CDO sees us, how MGOs see us, and what we really do.
Where did all the jet-set CEOs go? Corporate plane market plummeting
Demand and prices for high-end private jets are apparently plummeting.
Are You Wealthy? Investors see themselves as wealthy, their parents not so much.
Cecilia Hogan linked to this piece on people's perceptions on whether they are actually wealthy. This is something we sometimes run into on our ratings. On paper, a prospect might appear to have capacity for a major gift, but they might be shocked to think they could give that much.
Suggested division of fundraising responsibilities to time.
Alice Ferris tweeted this pie chart of the suggested amounts of time that should be spend on each stage in the fundraising cycle.
Millennials have an entirely different approach to investing than their parents
According to the article, by 2020 1/2 of all investable assets will be held by millennials and Gen X. Is your development team thinking about the different mindset that these generations have from their parents?
Free fundraising resources
Alice Ferris also tweeted a link to this exhaustive list of sources across a wide variety of topics!
Dallas property taxes squeeze middle class while wealthy, businesses reap advantages
The Dallas Morning News has a look at the increasing property values in Dallas County with interactive maps of home value trends.
What Are the Best Resources for Prospect Research on Home and Neighborhood Values?
A prospect research 101 article from Emily Davis at Indiana University on getting started with home and neighborhood values.
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