Fundraising opportunities and how major donors, in particular, are giving are evolving. Sure, donor-advised funds and impact investing have been around for a while. However, the increase of technology has only accelerated the move—and loss of control—by fundraisers and nonprofits. Further, blockchain allows donors to give directly to people in need, circumventing nonprofits.
Nonprofit leaders and fundraisers must understand what’s happening at the major donor level and how different opportunities for giving will take money away from nonprofits. Again, blockchain allows for direct donor to recipient transactions. Impact investing means that corporations and for-profit companies can do social good and make a profit and return dividends to investors. And more money than ever continues to go into donor-advised funds out of the hands of nonprofits in need.
In the second part of a three-part series industry leader, Paul D’Alessandro, shares a birds-eye view of what nonprofits leaders must factor into their strategy. His ideas are expanded more deeply in his book, The Future of Fundraising: How Philanthropy’s Future is Here with Donors Dictating the Terms.
Watch this session to learn: