Tagged nonprofit revenues
2013 set records for charitable giving
If you’re waiting for a rising tide of charitable giving, you may already have missed it.
Charitable giving in the U.S. reached an all-time high of $416 billion in 2013, according to the Atlas of Giving’s latest report on giving in the last 12 months, an increase of 13.3% over 2012. Looking ahead, the Atlas projects giving growth of just 4 percent for 2014.
The 2013 Atlas of Giving report was released today, via a live stream announcement featuring Rob Mitchell of the Atlas.
Giving to philanthropies that receive most of their gifts from major donors and foundation grants grew the most. Human services received 19.1 percent more gifts and grants than in 2012. Environmental organizations saw giving grow by 18.5 percent. That’s because a booming stock market and recovering real estate caused a huge jump in the value of assets, according to Mitchell.
Religious organizations did not fare as well, reflecting their reliance on the current incomes of less affluent donors. With employment high and wages flat, giving to religion rose just 8.8 percent.
Looking ahead, you still have a chance to claim a piece of 2013’s stock market Read more
How we got the grant. Part 1
Year after year, our proposals kept getting rejected. And we couldn’t understand why. What were we doing wrong?
Never assume what a donor can give: #33 of 100 Things We’ve Learned
“In the end, canceling or changing the event simply was a bigger risk. Our work depends on the money we raise.”
Make “donate” the default
How can we in the nonprofit world convert many separate donation decisions into the one long-term commitment of subscription?
More questions about nonprofit financial health and sustainability
joined a group of colleagues last night to talk more about Passion & Purpose, Passion and Purpose Report the recent report from The Boston Foundation.
A number of questions emerged that are worth a conversation among our colleagues and with our funders. I’d like to share those with you:
Diversify your revenue base? Maybe
Research from the Bridgestar group raises a question about the prevailing belief that successful nonprofits diversify their revenue bases.
The article is called “How Nonprofits Get Really Big” and was published by the Stanford Social Innovation Review. Here’s what the research found in brief:
“Since 1970, more than 200,000 nonprofits have opened in the U.S., but only 144 of them have reached $50 million in annual revenue. Most of the members of this elite group got big by doing two things. They raised the bulk of their money from a single type of funder such as corporations or government, and not, as conventional wisdom would recommend, by going after diverse sources of funding. Just as importantly, these nonprofits created professional organizations that were tailored to the needs of their primary funding sources.”
Hmm.glg