Where do you find major donors? I get asked that question a lot. Of course, in many of those cases, people simply want me to give them a list. But the evidence is right in front of you. Look for age. What do I mean? A whopping 91.39% of all millionaire wealth rests in the hands of those 50 years …
What’s a demi-billionaire, and what does one look like? A demi-billionaire has a net worth of $500 million and up. The 2018 WealthEngine Millionaire report identified them as having the following traits: 76.9% of them are business owners. 76.9% are board of director members. 63 years old is the average age. 10.1 is the number of properties they own. These …
I received a phone message from a ministry that simply said, “Bill, I’m sure that all your wealthy donors just need to hear about us–we’re a great ministry!” His statement was bold, but was it true? A U.S. Trust/Lilly Family School of Philanthropy 2016 study of high-net-worth philanthropy contained some surprising findings: While they want help in identifying volunteer opportunities …
New beginnings call for remembering roots. Many of you know that we began the Servant Foundation (originally, the Christian Community Foundation in Kansas City) in June 2000. We are a donor-advised-fund organization, and we chose to affiliate with the National Christian Foundation as our backroom. Now, eighteen years later, we’ve been given an opportunity for our organization to establish our …
New beginnings call for remembering roots. Many of you know that we began the Servant Foundation (originally, the Christian Community Foundation in Kansas City) in June 2000. We are a donor-advised-fund organization, and we chose to affiliate with the National Christian Foundation as our backroom. Now, eighteen years later, we’ve been given an opportunity for our organization to establish our …
New beginnings call for remembering roots. Many of you know that we began the Servant Foundation (originally, the Christian Community Foundation in Kansas City) in June 2000. We are a donor advised fund organization, and we chose to affiliate with the National Christian Foundation as our backroom. Now, eighteen years later, we’ve been given an opportunity for our organization to …
Donor advised funds seemed to explode on the charitable giving scene in just a few short years. Today, the top charities in the country are donor advised funds. By 2015, the donor advised fund world reached $80 billion in assets. But for all this rapid rise, few seem to remember their history. At the turn of the 19th century, John …
There it was, plain as day. The weekend edition of the WSJ (January 13-14, 2018). And whether it was the late-night flight home or whether it was some delirium of two airports and the company of hundreds of fellow travelers, the headline triggered my imagination: Facebook Puts Publishers on Edge I could see it in my mind’s eye: some giant …
If we write a check to a charity, does that make us generous? It seems to me that giving is an act. It can be a transaction. But giving, in and of itself, doesn’t make one generous. Generosity. It’s a way of life–a learned way of life. My wife came to me the other day and reminded me of all …
What are the habits of the wealthy when it comes to leaving money by way of their estate? A recent article in Give & Take (September 2017) noted the most recent IRS information on charitable gifts made through estates: Thirty percent of women included a charitable gift in their estate documents, whereas only 20% of men included a similar gift. …
