Giving Trends - correct answer ✔✔- Philanthropy is on the rise from the wealthy (giving by those making
$1 million or more)
- Foundational giving is up significantly, but individual giving is up MARGINALLY
Dichotomy about how often philanthropy is discussed - correct answer ✔✔80% of advisors say
philanthropy is discussed with clients, BUT...
67% of clients say philanthropy is discussed with advisors
What are the top 3 reasons donors don't give more? - correct answer ✔✔It depends on who you ask...
Clients' Responses:
1. Don't feel connected to the charity
2. Gift may not be used wisely
3. Will be solicited more
Advisors' Assumptions:
1. Clients don't feel they have enough money for themselves
2. Don't feel they have enough for their heirs
3. Don't feel wealthy enough
The Planning Horizon (Deconstructing the Conversation) - correct answer ✔✔Why?/How?
WHY do I want to be philanthropic? What do I care about?
HOW can I have the most impact in these areas I care about?
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