The Impact Of Waiting For The Generational Wealth Transfer
We’ve all read the breathless projections of up to $140 trillion of wealth that will be inherited by Gen X and the Millennials over the next number of years. And as professionals in philanthropy, I expect we’ve all been waiting for that transfer to begin and make the great impact on charities we’ve imagined it will. But I admit my hair is getting grayer — and disappearing — as I wait for the great reward of this promised inheritance.
Master This Planned Gift: Donor-Advised Funds
Planned giving donors can choose from several different kinds of giving vehicles to leave their legacy with your organization. One of those vehicles is a donor-advised fund. While these different tools may sound complicated, you can learn the basics of these tools to help guide your donors. Donor-advised funds are a dynamic planned giving vehicle that can provide a major gift to a nonprofit while also delivering peace of mind to your major donor.
Five Reflections on Philanthropy Formed Over 20 Years
I’ve been fortunate to have had a long and varied career in philanthropy. And over the last 20-plus years, I’ve noticed five recurring, consistent themes that, for me, sum up what philanthropy is all about.
