Trying to time the market is a losing game—both for individual investors and seasoned professionals. Historical data shows that missing just a handful of the best market days can drastically cut long-term returns, making emotional, short-term decisions costly. Even professional fund managers struggle to outperform simple index funds over time. The key to building wealth isn’t predicting market swings—it’s staying invested, avoiding panic-driven moves, and letting time in the market do the heavy lifting.
Read MoreMost people give to charity during their lifetime, yet fewer than 10% include a charitable bequest in their estate plans. Even among high-net-worth individuals, only about 15% designate gifts to nonprofits, despite an impending $85 trillion wealth transfer over the next 25 years. This disconnect often stems from a lack of conversation—philanthropy isn’t top of mind in estate planning unless advisors proactively introduce it. By normalizing these discussions and highlighting the simplicity and impact of planned giving, donors can align their wealth with their values, leaving a lasting legacy for future generations.
Read MoreYounger generations face financial and trust hurdles that reshape philanthropy. High debt, rising costs, and skepticism push them toward micro-giving, impact investing, and advocacy. They demand transparency, measurable impact, and flexible giving, challenging nonprofits to adapt. Organizations that embrace these shifts will earn their support.
Read MoreThe next generation of philanthropy is driven by Gen Z and Millennials, whose giving priorities center on social impact, digital engagement, and transparency. Unlike previous generations, they are highly issue-driven, favoring causes like climate action and social justice over traditional institutions. Technology plays a crucial role in their charitable efforts, with social media, crowdfunding, and micro-donations reshaping how they give. Nonprofits must adapt by embracing digital strategies, demonstrating measurable impact, and creating meaningful engagement opportunities to connect with these emerging donors.
Read MorePop quiz. Integrating real-world board service into academic curriculums is a game-changer for nonprofit education. Students gain invaluable insights into governance, decision-making, and social impact while nonprofits benefit from fresh perspectives and emerging talent. The result is a powerful, mutually beneficial model that strengthens both future leaders and the organizations they serve. Pencils down.
Read MoreFewer households are giving to charity, with the percentage dropping from nearly two-thirds two decades ago to just 45.7% today. While total charitable donations remain high, they are increasingly concentrated among wealthy donors, raising concerns about the long-term stability of nonprofit funding. Economic pressures, shifting demographics, and evolving giving preferences all contribute to this decline, forcing nonprofits to rethink their strategies. The real question is—what happens when major philanthropists decide to pull back, and how will nonprofits adapt to a changing landscape of generosity?
Read MoreThe 2024 report on the health of U.S. nonprofits highlights three major challenges for 2025: financial sustainability, workforce dynamics, and public trust. Nonprofits are grappling with declining donations, workforce retention struggles, and a drop in public confidence. To thrive, organizations must innovate to stabilize funding, offer competitive wages, and prioritize transparency to rebuild trust. These ongoing issues are at the heart of discussions in the "Around with Randall" podcast and "Writings by Randall" blog.
Read MoreCoaching my kids' basketball teams is a chance to be a good father and role model, focusing on fun, improvement, and life lessons. But after our first game of the season, I couldn't shake the frustration of dealing with referees who let their insecurities and overuse of power tarnish the experience. While I strive to model respect for authority, it’s hard to ignore how unnecessary displays of control can trigger feelings of frustration and resentment. It’s a reminder that even small moments, like a youth game, can be impacted by the misuse of power.
Read MoreAchieving meaningful goals often requires more than big leaps; it’s about mastering small, consistent habits that build momentum over time. Research by experts like BJ Fogg and James Clear shows that incremental improvements, whether in health, finances, or personal growth, can lead to extraordinary results. The key to success is starting small, staying consistent, and trusting the power of compounding actions to transform your life.
Read MoreTrust is the foundation of any successful nonprofit, but the recent class-action lawsuit against the American Red Cross highlights how fragile that trust can be. Despite denying allegations of misusing funds raised for Haitian earthquake relief, the mere suggestion of impropriety has already sparked significant scrutiny and eroded public confidence. This case serves as a stark reminder that while transparency is crucial, once trust is questioned, rebuilding it is an incredibly difficult task for any organization.
Read MoreWhen disaster strikes, media attention is swift—but recovery is painfully slow. While Katrina remained in the national spotlight for years, Hurricane Laura devastated Lake Charles, Louisiana, only to be forgotten, leaving its residents to struggle in silence. The same fate could await Los Angeles as the fires fade from the headlines, but the financial, emotional, and psychological scars will linger for years. If we turn away too soon, we risk leaving another community to suffer in the shadows, battling loss and rebuilding alone.
Read MoreI learned the hard way that "Coach Dad" is a tough gig—especially when it comes to push-ups. After calling out my daughter distinctive form in front of her teammates, I found myself on the receiving end of a very disappointed 8-year-old and a lesson I won’t forget. Boys bounce back from criticism like it’s a challenge; girls, not so much. Note to self: next time, keep the commentary positive and save the groveling for after practice!
Read MoreHealthcare contract disputes between insurers and hospitals are increasingly leaving patients with higher costs, delayed treatments, and confusion about their coverage. When hospitals become "out of network," patients are forced to find alternatives or face unexpected bills. These disputes often worsen healthcare access for vulnerable populations, eroding trust in a system that should prioritize patient care.
Read MoreA demographic shift looms over higher education, with U.S. high school graduates projected to decline after peaking in 2025. This downturn exacerbates existing challenges, as many colleges already face financial strain due to declining enrollments and reduced government support. Institutions heavily reliant on tuition revenue may grapple with program cuts, layoffs, and potential closures. What can be done? Innovate.
Read MoreThe nonprofit sector faces a one-million-job shortfall, highlighting a sluggish recovery from the workforce disruptions caused by the COVID-19 pandemic. Reduced funding, burnout, and recruitment challenges have hindered nonprofits' ability to rebuild their workforce, despite growing community needs. Creative solutions like wage increases, flexible work options, and increased government support are crucial to closing this gap. Without urgent action, the sector risks long-term capacity constraints, threatening its ability to deliver essential services.
Read MoreState-level data privacy laws are rapidly evolving, creating new challenges for nonprofits. The Atlas Data Privacy Corp. v. We Inform, LLC decision shows the need for nonprofits to implement proactive safeguards to avoid negligence and financial penalties. Meanwhile, California's CCPA and its expansion through the CPRA highlight the growing influence of state regulations. To navigate this shifting landscape, nonprofits must prioritize audits, employee training, and robust cybersecurity to protect sensitive data and maintain trust.
Read MoreThe recent shooting of UnitedHealthcare CEO Brian Thompson has brought hospital security into sharp focus. As hospitals continue to prioritize patient safety, the safety of executives, staff, and visitors is increasingly at risk. This event highlights the urgent need for health systems to reassess access controls in both public and administrative areas. While measures like visitor management systems and restricted zones can bolster security, they must be carefully balanced with the need to maintain family support, which plays a crucial role in patient recovery.
Read MoreIn early 2024, the U.S. Department of Justice updated Title II of the ADA, setting new digital accessibility standards for public colleges. From course materials to online platforms, institutions must now ensure all content is accessible to all students. But with thousands of documents, videos, and webpages to review, meeting these requirements isn’t easy—especially when legacy files, technical challenges, and budget constraints come into play. Dive into the blog to explore how colleges can navigate this complex process and make learning truly inclusive.
Read MoreAfter a series of back-to-back trips, the emotional rollercoaster of leaving home has become more intense. While the travel itself was enjoyable, the morning departures felt increasingly difficult as the emotional weight of leaving my loved ones took its toll. However, returning home brought a profound sense of joy, reminding me of the powerful psychological connection we have to familiar places and the people we care about. This experience reinforced a timeless truth: distance truly does make the heart grow fonder, highlighting just how important family and home are in the grand scheme of life.
Read MoreThere's something deeply fulfilling about witnessing someone else's joy, whether it's from something big or small. Inspired by Winston Churchill's words, I explore how the simple act of making someone smile can bring more happiness to the giver than the receiver. It's a reminder that genuine kindness, no matter the gesture, has a ripple effect—enriching both lives and leaving lasting moments of connection. Curious about the joy you can create today? Read on.
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