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Richard C. Peck Consulting, LLC & The Philanthropy Guy, LLC


Providing consulting and educational services to nonprofits, donors, and professional advisors related to impactful charitable giving

CONTACT RICK

Charitable Giving Newsletter

06/28/24


In This Week's Issue:


Where Ideas Bloom...


Weekly Tips for Nonprofits, Donors, and Professional Advisors

Where Ideas Bloom...

I think we would all agree that nonprofit organizations help tackle the hardest problems facing society, improving the lives of hundreds of millions of people around the world.


Yet for many of these organizations, their ability to make this social change depends on a precious resource that is not actually a requirement: charitable giving. 


Fortunately, generosity is a powerful force! According to the latest Giving USA 2024 Annual Report on Philanthropy (just released), individuals, bequests, foundations and corporations gave an estimated $557.16 billion to U.S. charities in 2023. The majority of this giving, 67%, came from individual givers—which is more than all other sources combined.


However, for the charitably inclined, what does impact really look like? Serious problems exist that philanthropic resources might solve, but not enough resources go where they are most needed. That's an issue. 


Along comes a group called ideas42, which has three goals: 1) to help more people give, and give effectively, so their generosity translates to the social impact they envision; 2) to make it easier for non-profit leaders, regardless of their background, to get funding so they can spend their time on what they’re best at, which is pursuing social good; and 3) to strengthen and build critical infrastructure across the giving ecosystem.


Fifteen years ago, ideas42 started in a small office at Harvard University. Since then, they have partnered with foundations, non-profits, government agencies, and socially-minded companies to work on more than 600 projects in over 55 countries (!), using behavioral science to improve tens of millions of lives around the world.


Meet the team here that is making that kind of global impact happen: Our People | ideas42

A Tip for Nonprofits: Point of interest: I am constantly forwarding this webpage to individuals affiliated with nonprofits that want to take their institutions to the next level of fundraising. I have tweaked the content of this page only a little bit since I started my independent philanthropy consulting practice. I hope you and your board find it to be a valuable "health-check" of key topics regarding fundraising! See it here via this green link: Enhance a Fundraising Program — Richard C. Peck Consulting, LLC and The Philanthropy Guy, LLC

A Tip for Donors: As noted in the story above regarding ideas42, the latest Giving USA report has some interesting findings: last year, people gave to the following organizations, in decreasing order of priority, based on dollars applied: religious, human services, educational, foundations, public-society benefit, health, international affairs, arts/culture/humanities, and finally, environment and/or animal organizations. Read more in the blue link here: Giving USA: U.S. charitable giving totaled $557.16 billion in 2023 | Giving USA

A Tip for Professional Advisors: Do you find cryptocurrency a mystery? What about donating crypto? It happens! Generous people who have made a good deal of money in crypto investments often want to give it away. Watch some short and insightful video podcasts here in this grey link from a trusted source known as The Giving Block: This Week in Crypto Philanthropy - Episode 7 - June 27, 2024 | The Giving Block (youtube.com)

“If you haven't got any charity in your heart, you have the worst kind of heart trouble.” ~Bob Hope

Richard C. Peck Consulting, LLC and The Philanthropy Guy, LLC

About Rick

228 Park View Drive

Belmont, NC 28012

+1 (603) 387-3897

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