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First Day Podcast

De: The Fund Raising School
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  • Resumen

  • The Fund Raising School is excited to launch the First Day Podcast from The Fund Raising School! Highlighting current news and research, this podcast provides fundraisers with the latest information in fundraising and philanthropy. Be more informed and stay up to date with the First Day Podcast from The Fund Raising School!
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Episodios
  • Giving USA: The Latest Data

    Giving USA: The Latest Data
    Jul 1 2024
    In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Anna Pruitt, Managing Editor for Giving USA and Adjunct Faculty Member from the Indiana University Lilly Family School of Philanthropy. They discuss the 2023 findings from the Giving USA report. The total charitable giving in the United States reached a record high of $557 billion in current dollars, showcasing a 2% increase from the previous year. However, when adjusted for inflation, there was a slight decline, highlighting the impact of economic factors on philanthropic trends. The breakdown of charitable sources revealed a significant milestone as foundations surpassed $100 billion in donations for the second consecutive year, representing a steady increase in their share of total giving. Despite this growth, individual giving, which remains the largest segment at $374 billion, saw fluctuations influenced by economic conditions and personal income levels. Corporate giving also showed resilience, closely tied to GDP growth and corporate profits, although it did not keep pace with inflation-adjusted terms. Among the nine sub-sectors of charitable recipients, seven sectors experienced growth even after adjusting for inflation, with notable increases in areas linked to stock market performance and high-net-worth giving. Looking back at multi-year trends, the data indicated that charitable giving in 2023 surpassed pre-pandemic levels, reflecting ongoing support despite global uncertainties. The episode underscored the importance of strategic fundraising planning based on these insights, emphasizing the role of Giving USA data in guiding nonprofit strategies for donor engagement and sustainability.
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    20 m
  • Personalizing Donors Relationship

    Personalizing Donors Relationship
    Jun 23 2024
    In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Angelica Suarez-Trujillo, a seasoned advisor at Resilia specializing in nonprofit capacity building. The discussion centers on the crucial practice of relationship-based fundraising in higher education and beyond. Angelica defines this approach as shifting from transactional to transformational relationships, where nonprofits and donors collaborate to create lasting impact. She emphasizes the importance of genuine human connections amidst the distractions and fast-paced nature of modern nonprofit work, drawing from her extensive experience in both coaching nonprofits and leading fundraising efforts herself. Angelica underscores the common pitfalls nonprofits face in prioritizing tasks over relationships, highlighting her own past mistakes and those she's observed in her coaching role. She advocates for fundraisers to start by understanding themselves and their attitudes towards relationships and money, suggesting introspective exercises to overcome barriers to effective donor engagement. Angelica shares practical strategies for fostering meaningful connections, such as active listening, personalizing interactions based on donor interests, and demonstrating genuine appreciation beyond financial contributions. She encourages fundraisers to balance organizational goals with the quality of donor relationships, navigating pressures for quick results by staying true to core values of stewardship and genuine connection.
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    14 m
  • What Do Nonprofit Fundraisers Need to Know About AI

    What Do Nonprofit Fundraisers Need to Know About AI
    Jun 17 2024
    In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Karen Boyd, Ph.D., Economist and Director of Research at the Policy and Innovation Center, and discuss the evolving intersection of artificial intelligence (AI) and fundraising. She highlights the rapid advancements in AI technologies, emphasizing their potential to augment rather than replace human fundraisers. Addressing concerns around AI's capabilities and limitations, Boyd stresses the importance of understanding that AI tools are built on human-generated data, which inherently carries biases. She advocates for ethical use, urging fundraisers to leverage AI for tasks like initial draft writing and data analysis, thus freeing up time for more personalized donor interactions. Boyd underscores the concept of "moral imagination" as crucial in philanthropy, distinguishing human abilities from AI's computational processes. She discusses practical strategies for nonprofits, including careful consideration of AI's impact on donor privacy and the ethical implications of using AI-driven donor prospecting algorithms. Boyd encourages organizations to align AI policies with their missions to ensure transparency and ethical use of data. Ultimately, she positions AI as a powerful tool for enhancing efficiency in fundraising operations while reinforcing the irreplaceable role of human empathy and creativity in building meaningful donor relationships.
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    22 m
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