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First Day Podcast

By: The Fund Raising School
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  • Summary

  • 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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Episodes
  • New Data For Fundraising Campaigns

    New Data For Fundraising Campaigns
    May 5 2024
    In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Amy Eisenstein, ACFRE and Steven Shattuck of Capital Campaign Pro, a unique platform designed to revolutionize traditional fundraising campaign consulting. Capital Campaign Pro assists nonprofit leaders in running their capital campaigns by offering a robust support system that includes an online toolkit, expert advisory, and peer group coaching. Their innovative approach is centered around training leaders to conduct their own donor interviews, thus maintaining transparency and strengthening donor relationships, a stark contrast to conventional consultant-led interviews where a third-party intermediary might inhibit open communication. During the discussion, concerns about donor candidness in the presence of nonprofit representatives were addressed. Contrary to the worry that donors might withhold true opinions, Amy and Steven argued that direct interactions actually enhance dialogue authenticity and effectiveness. They asserted that familiar faces can elicit more genuine and detailed feedback, which is vital for the success of any campaign. This method not only builds trust but also fortifies long-term donor relationships; pivotal for ongoing support. The podcast also looked into recent empirical research conducted by Capital Campaign Pro, which underscores the effectiveness of their methods. The study indicated a high success rate of 96% for campaigns utilizing their model, with the majority of these campaigns not negatively impacting the organizations’ annual funds. Interestingly, the data revealed that campaigns are equally successful regardless of the organization's size, encouraging smaller nonprofits that they too can achieve significant fundraising goals. This insight is particularly impactful, demonstrating that strategic, direct engagement and tailored support can empower all nonprofits to successfully navigate the complex landscape of capital campaigns.
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    15 mins
  • Donor Advised Funds: The Latest Data

    Donor Advised Funds: The Latest Data
    Apr 28 2024
    In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Danielle Vance-McMullen, Ph.D., Assistant Professor at DePaul University and Dan Heist, Ph.D., Assistant Professor at Brigham Young University shared key findings from their extensive research on Donor Advised Funds (DAFs). Conducted in collaboration with the Donor Advised Fund Research Collaborative, their study included data from over 50,000 accounts and partnerships with 110 DAF sponsors. They uncovered that DAFs are predominantly utilized as mid-range philanthropic tools, with baby boomer generations being the primary contributors. Despite concerns about potential misuse for tax benefits, their analysis showed that only about one in nine accounts receive contributions annually, indicating broader philanthropic intentions. Furthermore, the research highlighted the frequency of grant distributions from DAFs, with over 60% of accounts making grants annually and about 80% within a three-year period. These grants support various charitable causes, with a significant portion being unrestricted, allowing for flexibility in addressing community needs. Additionally, the study revealed that most DAFs have succession plans in place, ensuring continued charitable impact even after the original donor's passing. Overall, the episode provides valuable insights into the behavior of DAF donors and emphasizes the importance of understanding the evolving landscape of philanthropy. The findings underscored the diverse motivations driving charitable giving and the role of DAFs in facilitating impactful grant-making to support communities and causes.
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    17 mins
  • Planned Gift Fundraising: Busting The Myths

    Planned Gift Fundraising: Busting The Myths
    Apr 21 2024
    In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Christy Boysen, MA, CFRM, FCEP, the founding CEO of Apex Legacy Consulting, who has extensive experience in advising nonprofits on planned gifts. Boysen emphasized that while planned giving, such as setting up charitable remainder trusts, appears complex due to its involvement of various professionals like lawyers and financial advisors, the process can be simplified through collaborative efforts. She highlighted the benefits of planned giving not only for the donors, who can make significant tax-efficient contributions, but also for their families and the charities they choose to support. Throughout the discussion, the need for education and engagement in planned giving was stressed as essential for overcoming the common reluctance among fundraisers. Boysen suggested that fundraisers should be proactive in learning about different planned giving vehicles and engage with donors through open-ended questions that align with their values and interests. This approach helps in uncovering opportunities for planned gifts, which are often overlooked due to the myths surrounding their complexity and the upfront effort required to understand and manage them. Lastly, the podcast addressed the strategic importance of incorporating planned giving into overall fundraising efforts. Boysen argued that by educating both staff and donors about the simpler forms of planned giving, such as including a nonprofit as a beneficiary in wills or insurance policies, organizations can expand their support base significantly. The episode concluded with a call to action for fundraisers to adopt a more comprehensive and inclusive approach to fundraising, recognizing the potential of every donor to contribute through planned gifts, thus ensuring the financial sustainability and growth of their organizations.
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    18 mins
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