Today we talk about how 2017's Tax Cuts and Jobs Act passed in December 2017 affects the work of nonprofit fundraising and the ways donors are incentivized or disincentivized to give philanthropically through the tax code. We'll discuss the charitable tax deduction laws, the standard deduction changes, the impact of changes in SALT (State and Local Taxes) deductability, the increase of the estate tax exemption, the reduction in marginal tax rates, which businesses and individuals benefit from the tax law changes, whose giving is likely to increase and decrease, and what tools nonprofits can use to encourage wise giving methods from their donors such as Donor Advised Funds, shifting from seasonal giving appeals to cause and need-based giving appeals, and more.Read More
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Today's episode of The Philanthropy Podcast provides seventy high impact questions to cover each phase of the giving cycle: identification, qualification, cultivation, solicitation, and stewardship. With 70 questions you will better know your benefactors, what their values are in life, what they hope to accomplish in their philanthropy, and how your organization's needs align with their hopes.
Also, we launch our Patreon page with a limited time giveaway of an mp3 version of these questions without commentary to allow for you to prepare on the way to your future donor visits. Whether you're flying, driving, taking a taxi or a bus, or walking, you'll be able to listen to these questions and be better prepared to have a meaningful conversation with your benefactor that helps them make a more meaningful gift that has a greater impact on your organization. That and a chance to contribute your high impact questions and receive a thank you on episode 13's show!Read More
Today, our guest on The Philanthropy Podcast is Kelly Klein, Director of Corporate and Foundation Relations at the Greater Chicago Food Depository. Kelly shares with us some of the questions she asks to determine how to be a good partner with corporations and foundations, what the GCFD can offer to further engage partners with their missions, and much more.
Our discussion with Kelly really reveals a lot of great concrete things an organization can do to be a better partner with funding organizations and other nonprofits with whom we collaborate. Kelly's way of viewing their partnership is also important to note as you'll hear her refer to the idea of being peers. This mentality is one that I think will serve nonprofits well and one that challenges us to be sure we're up to a high standard before we claim that statusRead More