Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Tuesday, July 14, 2015

Is My Charitable Giving Normal?


As usual, I wasn't sure what I was going to write about this morning, but I got to work and started thinking about charitable giving and why people do it.

Why do we give?

I'm sure that people have different reasons for personal giving,  At the very least, it makes us feel good to give.

But I think that the main reason is that we are Americans.

For Americans, giving is part of our culture -- more than in any other country in the world.  I do believe that many Americans were indoctrinated by our families and teachers (or at least I was) to believe that we are so lucky and blessed to live in this country and that, in turn, it is our duty to help others.  The old "for whom much is given, much is required" deal.  I believe it and if you are lucky enough to live here and have enough time to read this blog post on a smart phone, tablet, or computer, I bet you believe it too.

How do we give?

The June 29th edition of Giving USA was able to answer this question (and a bunch of the stats) for me.

In 2014, Americans donated an estimated $358.38 BILLION to charity.  This is the highest total in the report's 60 year history.  The closest year was 2007 when giving was an inflation-adjusted total of $355.17 billion.

So great news, right?

Yes, it is great news, but there are some changes in giving to be noted.  Let's break it down...

Who is giving?
  • Individuals gave 72%
  • Corporations gave 5%
  • Foundations & Bequests gave 23%
I don't even have to do any research to know that these numbers are about the same -- the percentages have been similar since I started working in the non-profit field more than 18 years ago.  We see close to these same percentages here at Community Partners of Dallas as well.

To what do we give?

Here is the list of the types of organizations that Americans like to support in order from the most funding to the least:
  1. Religion
  2. Education
  3. Human Services
  4. Health
  5. Arts, Culture, and Humanities
  6. Environment and Animals
  7. Public Society Benefit
  8. Foundations
  9. International Affairs
This is the part that is changing.

International Affairs is down, but that may be because we didn't have a huge international disaster last year that moved people to give.  But also Americans like to give in our own communities.  I certainly do -- send those funds on over to CPD, people!

Human Services is going up -- YAY, as this is the category for Community Partners of Dallas -- keep this trend going for our kiddos, please!

The Religion category is also changing.  Even though Religion experienced a new high in 2014, it continues a "dramatic 30-year downward slide as a share of total giving" -- it dropped from 53% of all donations in 1987 to just 32% of the total in 2014.

Of course we know that this makes sense.  Boomers started the trend away from organized religion and their children are following suit.

It makes sense, but personally, I think this is sad.  The best times I ever had while growing up were at church.  Most of my best junior high and high school girlfriends went to church together and we learned so much about right and wrong in church.  Today, my church is still a place for fun and friends, but it is mostly a place of inspiration and faith.  And yes, I do give financially to my church, as well as volunteer.

Funny.  Do you know who I quoted at the beginning of this article -- the old quote "to whom much is given, much is required"?  You might think it was George Washington, John Kennedy, or Martin Luther King.

It's from the bible.  Luke 12:48.

How do you give and why?


Wednesday, November 7, 2012

3 Myths About Business and Charity



Tomorrow is the day that we give away coats for the kids at Community Partners of Dallas.  As you may know, CPD works with kids who are involved with the Child Protective Services system – so our clients are abused and neglected children who have open cases with CPS.

I have been here as CEO for almost 11 years and the coats we give out have pretty much single-handedly been supplied by the employees at Fidelity Investments for every one of those years – and even more years could be tacked on to the total from before I came here.  I don’t know how our relationship with Fidelity began, but we are surely blessed because of it.  I have no idea what we would do without them, as Fidelity delivered more than 1,500 coats to us on Monday morning – volunteers are sorting and counting them in our warehouse even as I type this post.

  1. MYTH:  Corporations donate a lot to charity.  Some corporations do, but for the most part very little charitable dollars come from corporations.  In the US, charitable giving statistics are as follows:  Individuals, 73%; Foundations & Bequests, 22%; Corporations, 5%   NOTE:  At CPD we are very close to the national averages, as we are 71%, 25%, 4%
  2. MYTH:  It is easy to raise funds from businesses.  If you have ever been in a meeting where people (aka board members/event volunteers/lay leaders) are brainstorming about how to raise money, invariably someone will pipe up and say “Well, you just need to call <insert name of big company here> and get them to give us some money.”  NOTE:  Notice that I used the word “you” in the “YOU just need to call” – that was on purpose, people.  Corporate money is the hardest money to raise in any economic environment and even more so in this kind of economy.  In fact, corporate giving declined 3% in 2011 and who knows what it will be like in 2012…
  3. MYTH:  Money is all corporations give to charity.  Businesses do give funds, but many give in-kind donations that are worth thousands of dollars.  Corporations also provide volunteers to help charities and some even pay their employees to do volunteer work.  NOTE:  Working with corporations takes a lot of follow up and follow through.  If you are a charity who wants to “go for” corporate funds, be sure that you know this and plan accordingly.  Lots of emails, phone calls, and personal contacts are vital.  Corinne Karp, our Director of Corporate Development, does an outstanding job at this, so feel free to call her at 214-624-7588 to get your company involved today.

Thank you to everyone at Fidelity Investments for your huge gift to CPD.  You are champions and myth busters!

 P.S.  My #FundraisingFriday gift is going to CPD.  If Fidelity employees can do it, so can I.