Apr 3, 2020 | Charitable Giving
The current economic environment, although quite different in many respects, is somewhat reminiscent of the 2008 financial crises. Back then, financial markets responded by adjusting downward in value to reflect the reality of the time. I was meeting with a client of...
Mar 9, 2020 | Charitable Giving
Former GE CEO Jack Welch passed away this week. He once said, “Only satisfied customers can give people job security. Not companies.” I think a parallel can be applied to the philanthropic community. Charities are financially secure when they are supported by their...
Dec 5, 2019 | Charitable Giving
Thanksgiving is past and Christmas is not far away. Black Friday, Cyber Monday and Giving Tuesday have also passed. It has become a time of year when a lot of organizations are asking me for money. Most of what the merchants are offering are not in my size nor do they...
Nov 5, 2019 | Charitable Giving
Some people live with a mentality of scarcity and some with a mentality of abundance. Some think of charitable giving as taking a piece of their pie and giving it away so less pie remains for them and their family. But charitable giving is more like inflating a...
Oct 1, 2019 | Charitable Giving
When I was chair of our church’s endowment fund, we instituted a successful program of thanking our planned giving donors. In addition to the usual written and telephone thank you, we held an event every year for the legacy society. I referred to it as our “report to...
Aug 12, 2019 | Charitable Giving
Michael Rosen, in his forward to the book, Donor-Centered Planned Gift Marketing, refers to planned gifts as the major gifts of the middle class. The point being, that no donor or charity is too small to not be involved in planned giving. Planting a tree under which...
