Kudos to Jim Coutre from The Philanthropic Initiative for his recent article on the importance of financial advisers discussing charitable giving with their clients. He cites studies showing that wealthy clients expect the conversation (or will go elsewhere for it) and that the conversation will increase long-term client retention. Community foundations and other nonprofits that work with [...]
Category: donors
Is Family Philanthropy Ready for “New Giving” Tools?
(updated from my post on the Council on Foundation's re: Philanthropy blog) "Crowdfunding. Social giving. Unsectored solutions. Hacker and maker cultures. Citizen-led social innovation. These ideas and others are shaping new pathways for giving. Will they complement your family’s philanthropy or distract from it? Join us for a fun, honest discussion of new frontiers in [...]
Are Philanthropists Doing It Wrong?
Last week, financial writer Felix Salmon published a blog post entitled "Philanthropy: You're doing it wrong." His post particularly takes to task the practices and behaviors he sees in wealthier donors. Though Salmon doesn't use the term, much of his column pushes back against donor "hyperagency." In The Modern Medici, Boston College professor Paul Schervish described hyperagency as "the [...]
Who Will Stand for All of Philanthropy?
What comes to mind when you hear the word philanthropy? Most of us know the Greek origin of the word suggests an altruistic love for mankind. Many of us were taught Robert Payton’s elegant definition: voluntary action for the public good. For philanthropoids, philanthropy consultants, and donors who want to keep up with the cool [...]
Tony Macklin 