Michael Bloomberg's historic donations to Johns Hopkins University aim to eliminate medical students' debt and enhance healthcare quality. His philanthropy promotes diversity in medicine by supporting students from all backgrounds. Bloomberg's visionary gifts highlight the importance of investing in education and healthcare, inspiring potential systemic reforms.
Read MoreI love working with bright individuals who can foresee potential outcomes and understand the importance of doing the right thing now for future benefits. When a nonprofit faced operational challenges, Hallett Philanthropy helped them adopt best practices, reinforcing credibility and ethics. Their proactive approach proved invaluable when media scrutiny later confirmed their integrity and high standards, showcasing the importance of unwavering commitment to doing the right thing, even when no one's watching.
Read MoreReflecting on my days as a quarterback, I cherished the chance to lead and adjust plays on the field, and now, as a coach, I carry that enthusiasm into helping kids enjoy sports, emphasizing improvement and teamwork over winning. My loud voice, often echoing across the field, sometimes draws criticism for being annoying or domineering, yet I strive to remain positive and supportive, ensuring I’m guiding rather than overwhelming the kids. As I navigate coaching and other relationships, I’m constantly pondering whether I should dial down my volume to better listen and empower others.
Read MoreIn the nonprofit world, we often encounter disciplinary actions, but a court imposing a multi-million dollar fine on an individual is unprecedented. Recently, a New York state court fined a non-profit leader $2 million for mismanagement issues, raising questions about accountability and stewardship. While such measures reinforce accountability and protect public trust, they could also deter qualified individuals from nonprofit leadership roles due to fears of personal liability.
Read MoreIn the last 25 years, the fundraising landscape has shifted from the tried-and-true 80/20 rule to a 95/5 model, where a small percentage of donors provide the majority of philanthropic dollars. This change created an unfortunate trend of nonprofits to pursuing mega-donors recklessly. Evidence as illustrated by Florida A&M University’s $240 million gift fiasco, which highlights the importance of due diligence even in the face of exciting opportunities.
Read MoreI love great stories, but it's frustrating when clients fail to tell their stories effectively. In a recent campaign feasibility study, I found my client's impressive outcomes were missing from their case statement, highlighting the need to use data to create compelling philanthropic narratives.
Read MoreAt a recent family wedding, I watched my typically reserved 11-year-old son dance fearlessly for nearly two hours, overcoming his inhibitions and becoming the joyful center of attention. His uninhibited dancing reminded me of the value of living in the moment and inspired pride and admiration for his courage and happiness.
Read MoreTwo moments caused me to pause and reflect on the importance of being genuine: vibrant nail polish and an episode of Bridgerton.
Read MoreExperiences make us unique and they can be powerful tools in teaching and consulting. Sharing personal stories, particularly those involving failures, can build trust and authenticity, essential for philanthropic relationships.
Read MoreDespite always losing and even having my sunflower die early this year, I cherish these moments for the joy, laughter, and togetherness they bring to our family, making us all winners.
Read MoreBeware what perils wait for nonprofit boards when members do not make financial contributions. A cautionary tale.
Read MoreThe 2024 presidential election looms, and a pervasive sense of uncertainty filters through the nation, Despite the chaos, there's a yearning for a return to substantive discourse and trustworthy leadership, reminiscent of less tumultuous moments in American political history.
Read MoreDeclines in charitable donations, fueled by economic uncertainty and evolving donor preferences, challenge nonprofits to innovate and prioritize transparent communication. Adapting and embracing targeted, impact-driven approaches are a must for sustaining operations in today's philanthropic landscape.
Read MoreNonprofits hold a revered status for their dedication to social causes and community welfare, their operations fueled by donations and grants. Despite their good work, a contentious issue lingers: the exemption of nonprofits from local property taxes, a debate that has recently flared in Pittsburgh.
Read MoreA reflection on moments shared, traditions built, lessons taught and the lasting impact of family.
Read MoreFor many charities, volunteers are the lifeblood of not only function but success. They bring enthusiasm, diverse skills, and fresh perspectives, helping to drive the mission forward. Whether it's a local food bank, an animal shelter, or a global health initiative, volunteers play a critical role in the mission of the organization.
Read MoreDAFs are unique in that they give donors the flexibility to decide when and how much money goes to their chosen nonprofits. A double-edged sword. On one hand, it allows for strategic, thoughtful philanthropy. On the other, it can lead to large sums of money sitting idle, not reaching the charities that need these funds to continue their missions.
Read MoreTo successfully navigate the complexities of involving a CEO in fundraising, nonprofits must adopt a strategic approach that balances the demands of fundraising with the CEO's core responsibilities. This means setting clear expectations, establishing boundaries, and providing adequate support to ensure the CEO's effectiveness in elements of both leaderships and fundraising.
Read MoreA Memorial Day tradition brings appreciation for familial bonds and the values instilled by previous generations. A recent trip provides reflection on the significance of family as a beacon of support, identity, joy and resilience in everyday life.
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