Amazing analysis of the philantropist american culture.
This is the result of: “investin research that clarifies donors‟ motivations, needs, and decision-making criteria.”
Some thoughts on economic activity and predictions farooq 2019 2Farooq Omar
An overview of challenges facing Pakistan after the 2018 elections. predominately the state of affairs of decline economic activity, it root causes and why? An excellent brief of overlooked critical areas which might have a negative affect and obstacles in achieving the objectives. A short but an eye opener for the fiscal economist. Do's and dont's. A birds eye view.
Crowdfunding: Funding Innovation through Innovation in Funding – BGSE Thesis Sergio Gutiérrez Montero
Do you know crowdfunding? In an online survey conducted primarily among entrepreneurs and students in the field of innovation and entrepreneurship, almost 50% answered “No”. Even cutting-edge innovator Google continuously suggested the authors of this thesis to check the spelling of “crowdfunding” when writing the thesis on Google docs. Further anecdotal evidence can be found in our classes and seminars. During our master program, we have been taught different ways how startup ventures can raise capital and have engaged in discussions with entrepreneurs and technology transfer officers. Crowdfunding was not mentioned. Yet, we remember our thesis advisor and innovation consultant Paco Conde of LTC saying that many of his clients, when thinking about innovation, primarily think of their production process thereby neglecting the importance of innovation at the financing (and distribution) stage.
In July 2010, thus almost coinciding with the beginning of our studies at Barcelona Graduate School of Economics, the search term “crowdfunding” for the first time generated enough traffic to be spotted by Google Trends (Figure 1). Throughout the last year search volume has steadily increased, demonstrating growing interest and awareness of the topic.
Crowdfunding in general and crowdfunding for startup companies in particular are nascent phenomena that made it to the headlines only recently but bear the potential to drastically change the way startup companies are financed today.
Some thoughts on economic activity and predictions farooq 2019 2Farooq Omar
An overview of challenges facing Pakistan after the 2018 elections. predominately the state of affairs of decline economic activity, it root causes and why? An excellent brief of overlooked critical areas which might have a negative affect and obstacles in achieving the objectives. A short but an eye opener for the fiscal economist. Do's and dont's. A birds eye view.
Crowdfunding: Funding Innovation through Innovation in Funding – BGSE Thesis Sergio Gutiérrez Montero
Do you know crowdfunding? In an online survey conducted primarily among entrepreneurs and students in the field of innovation and entrepreneurship, almost 50% answered “No”. Even cutting-edge innovator Google continuously suggested the authors of this thesis to check the spelling of “crowdfunding” when writing the thesis on Google docs. Further anecdotal evidence can be found in our classes and seminars. During our master program, we have been taught different ways how startup ventures can raise capital and have engaged in discussions with entrepreneurs and technology transfer officers. Crowdfunding was not mentioned. Yet, we remember our thesis advisor and innovation consultant Paco Conde of LTC saying that many of his clients, when thinking about innovation, primarily think of their production process thereby neglecting the importance of innovation at the financing (and distribution) stage.
In July 2010, thus almost coinciding with the beginning of our studies at Barcelona Graduate School of Economics, the search term “crowdfunding” for the first time generated enough traffic to be spotted by Google Trends (Figure 1). Throughout the last year search volume has steadily increased, demonstrating growing interest and awareness of the topic.
Crowdfunding in general and crowdfunding for startup companies in particular are nascent phenomena that made it to the headlines only recently but bear the potential to drastically change the way startup companies are financed today.
Presented by David Floyd, Managing Director, Social Spider, at NCVO's 2015 Evolve Conference.
One of two presentations covering the alternative finance landscape.
2009 Canada to UK Study Tour: Slide Deck PresentationJoanna Reynolds
In March 2009, a group of Canadian leaders went to the UK to learn about common practices in Social Enterprise and Social Innovation. This Slide Deck is part of the report back.
Buy Newark: A Guide to Promoting Economic Inclusion through Local Purchasing.
Developing institutional policy priorities, building the capacity of local businesses, and cultivating relationships are the keys to implementing a successful Buy Newark effort.
Social Finance and Impact Investing in CanadaKarim Harji
Presentation at OISE - November 21, 2012
• An overview of the state of social finance and impact investing across Canada
• An analysis of why Canada is well positioned to become a leader globally
• A participatory discussion on the key issues such as:
-- The perceived trade-offs between social impact vs. financial return;
--- How philanthropy can complement social finance;
--- Measurement of social value creation;
--- Legislation and public policy; and
--- Bridging silos between sectors and organizations.
THE IMPACT INVESTOR’S HANDBOOK Lessons from the World of MicrofinanceIDIS
A CAF Venturesome: Market Insight Series Publication
February 2011, First Edition
The UK social investment market has now reached a critical juncture. Although there is some evidence of coordinated market-building efforts, the market remains
fragile. By reviewing the development of the global microfinance industry, this handbook aims to equip practitioners in the social investment market with some of
the analytical tools and insights for making the tactical and strategic decisions which may systematically advance our sector.
Accelerating Impact Impact Investing & Innovative Financing for DevelopmentKarim Harji
The concept of innovative financing is a relatively recent addition to the development lexicon. Edward Jackson, a faculty member at the School of Public Policy and Administration at Carleton University, and Karim Harji, a co-founder and partner at Purpose Capital, will introduce the audience to innovative financing and impact investing through their report, Accelerating Impact: Achievements, Challenges and What’s Next in Building the Impact Investing Industry. The AKFC Seminars on Innovative Financing for Development, hosted by Aga Khan Foundation Canada in partnership with Carleton University’s School of Public Policy and Administration.
Other NGOs such as Dustho Shasthya Kendro (DSK), Nijera Kori, ASA etc should give an positive steps to follow BRAC, Grammen Bank and Gono Shasthya Kendro (GSK) to develop social business in order to earn fund in collaboration of overseas investors who consider the impact of their investment and profit. The local NGOs should change their mind and reform themselves to attract overseas investments.
2017 StartUp Health Insights Year End ReportStartUp Health
As predicted, digital health investment reached new heights in 2017 with $11.5B in funding across 794 deals. Looking beyond the
numbers provides insight into a sector transitioning to a more mature phase. Deal activity at the early stage has fueled a startup
wave and a maturing market with more later-stage opportunities is attracting new investment globally. 2018 is poised to be a
dynamic year in terms of digital health funding activity, M&A and breakout successes, and experimentation paving the way for
new advancements.
Social enterprise & philanthropy: their role in the new Big SocietyGiving Centre
Presentation by Eleanor Shaw to the Institute for Small Business and Entrepreneurship Special Interest Group Debate on the Big Society and Social Entrepreneruship & Philanthropy
Impact at Scale: Policy Innovation for Instututional Investment with Social and Environmental Benefit, a collaboration between InSight at Pacific Community Ventures and the Initiative for Responsible Investment at Harvard University and funded by The Rockefeller Foundation, examines the practices of the largest U.S. investors in investing for both financial return and positive social and environmental impact.
It also explores the extensive role of public policy in shaping how institutional investors channel capital. The research reveals numerous government strategies that catalyze private investment for public good, including laws in 20 states that allow or encourage “economically targeted investments” where a public pension system invests in its home state to support local economic growth while also targeting a financial return to the fund.
Presented by David Floyd, Managing Director, Social Spider, at NCVO's 2015 Evolve Conference.
One of two presentations covering the alternative finance landscape.
2009 Canada to UK Study Tour: Slide Deck PresentationJoanna Reynolds
In March 2009, a group of Canadian leaders went to the UK to learn about common practices in Social Enterprise and Social Innovation. This Slide Deck is part of the report back.
Buy Newark: A Guide to Promoting Economic Inclusion through Local Purchasing.
Developing institutional policy priorities, building the capacity of local businesses, and cultivating relationships are the keys to implementing a successful Buy Newark effort.
Social Finance and Impact Investing in CanadaKarim Harji
Presentation at OISE - November 21, 2012
• An overview of the state of social finance and impact investing across Canada
• An analysis of why Canada is well positioned to become a leader globally
• A participatory discussion on the key issues such as:
-- The perceived trade-offs between social impact vs. financial return;
--- How philanthropy can complement social finance;
--- Measurement of social value creation;
--- Legislation and public policy; and
--- Bridging silos between sectors and organizations.
THE IMPACT INVESTOR’S HANDBOOK Lessons from the World of MicrofinanceIDIS
A CAF Venturesome: Market Insight Series Publication
February 2011, First Edition
The UK social investment market has now reached a critical juncture. Although there is some evidence of coordinated market-building efforts, the market remains
fragile. By reviewing the development of the global microfinance industry, this handbook aims to equip practitioners in the social investment market with some of
the analytical tools and insights for making the tactical and strategic decisions which may systematically advance our sector.
Accelerating Impact Impact Investing & Innovative Financing for DevelopmentKarim Harji
The concept of innovative financing is a relatively recent addition to the development lexicon. Edward Jackson, a faculty member at the School of Public Policy and Administration at Carleton University, and Karim Harji, a co-founder and partner at Purpose Capital, will introduce the audience to innovative financing and impact investing through their report, Accelerating Impact: Achievements, Challenges and What’s Next in Building the Impact Investing Industry. The AKFC Seminars on Innovative Financing for Development, hosted by Aga Khan Foundation Canada in partnership with Carleton University’s School of Public Policy and Administration.
Other NGOs such as Dustho Shasthya Kendro (DSK), Nijera Kori, ASA etc should give an positive steps to follow BRAC, Grammen Bank and Gono Shasthya Kendro (GSK) to develop social business in order to earn fund in collaboration of overseas investors who consider the impact of their investment and profit. The local NGOs should change their mind and reform themselves to attract overseas investments.
2017 StartUp Health Insights Year End ReportStartUp Health
As predicted, digital health investment reached new heights in 2017 with $11.5B in funding across 794 deals. Looking beyond the
numbers provides insight into a sector transitioning to a more mature phase. Deal activity at the early stage has fueled a startup
wave and a maturing market with more later-stage opportunities is attracting new investment globally. 2018 is poised to be a
dynamic year in terms of digital health funding activity, M&A and breakout successes, and experimentation paving the way for
new advancements.
Social enterprise & philanthropy: their role in the new Big SocietyGiving Centre
Presentation by Eleanor Shaw to the Institute for Small Business and Entrepreneurship Special Interest Group Debate on the Big Society and Social Entrepreneruship & Philanthropy
Impact at Scale: Policy Innovation for Instututional Investment with Social and Environmental Benefit, a collaboration between InSight at Pacific Community Ventures and the Initiative for Responsible Investment at Harvard University and funded by The Rockefeller Foundation, examines the practices of the largest U.S. investors in investing for both financial return and positive social and environmental impact.
It also explores the extensive role of public policy in shaping how institutional investors channel capital. The research reveals numerous government strategies that catalyze private investment for public good, including laws in 20 states that allow or encourage “economically targeted investments” where a public pension system invests in its home state to support local economic growth while also targeting a financial return to the fund.
SiG@MaRS hosted a recap of the inaugural Social Capital (SoCap) Markets Conference held in October 2008 in San Francisco. Kerri Golden, Karim Harji, Michael Lewkowitz and Allyson Hewitt discussed the event, recent developments in the Social Finance marketspace, and the relevance of SoCap for Ontario and Canada.
Venture Capital Growth in Southern California, Bree Nguyen: 2012 CSU Statewid...brzy56
This is research about Venture Capital Growth in Southern California from California State University Dominguez Hills. This research is the 2012 winner of the CSUDH Student Research Competition. It is also the winner of the 2012 CSU Statewide Student Research Competition.
Abstract:
Student Author: Bree Nguyen, CSUDH
Faculty Mentor: Dr. Tayyeb Shabbir, CSUDH
Department: Accounting and Finance
Venture Capital Growth in Southern California: Becoming Silicon Valley
Venture capital is an important driver of technology innovation and entrepreneurial undertakings in the United States and is responsible for funding high profile, revolutionary companies such as Google, Microsoft and Facebook. While venture capital is typically associated with Northern California’s Silicon Valley, in recent years, many other U.S. regions have emerged as centers for venture capital investments including Southern California.
The primary goal of my research is to conduct an analysis of venture capital growth in Southern California in terms of venture capital dollars invested in the region, its relation to Silicon Valley and the viability of creating a So Cal ”Silicon Valley”. Past efforts to “recreate” Silicon Valley have failed – these factors will be analyzed and I will argue that the young venture capital market in Southern California can succeed. My study analyzes the venture capital growth in Southern California by focusing on two of the most rapidly growing funded industries in the region, Internet and Energy, and identifying regional and industry specific determinants of growth. The results reveal that there are determinants of growth that are unique to Southern California and unique to its industries. These determinants have strong correlations when analyzed together at a regional-industry level rather than individually. This study illustrates a model of venture capital growth unique to Southern California’s Internet and Energy industries to offer a different view than by using Silicon Valley as a model and a benchmark alone.
The Influential Investor. How UHNW and HNW investor behaviour is redefining p...Scorpio Partnership
The Influential Investor examines the forces that will shape the future of the wealth and investment management industry over the next ten years. The paper delves into the factors that influence UHNW investor behaviour and the ways investors are rethinking their goals for the future. Scorpio Partnership worked alongside the Economist Intelligence Unit and TNS as the recognised specialist on HNW insight
IMPACT INVESTING : Perspectives & Dimensions
If you change the place, you change the future*
This Thought Piece applies an academic model to analyse Impact Investing Perspectives & Dimensions. Motivations, preferences & actions to achieve impact investing goals. Its is a classification over three cultures and their interactions demonstrated in trends & events in the evolution of impact investing.
KEY IDEAS of Impact Investing; Doing Well & Doing Good
Investing for return and societal & environmental impact. Investing 'to do good' implies also doing less harm,
the majority of investment market opportunities.
In this post I focus on the Roots of Impact Investing and its present Dimensions: Exclusive Impact Investing, Inclusive Impact Investing and Grass Root Initiatives.
I present critiques of Exclusive Investing, Exclusive Philanthropy and Impact Investing from opponent favoring Systemic Change and Social Order, and my own perspective based on Technological progress and Transparency trends.
Alan Barrell, Entrepreneur in Residence at Judge Business School, spoke in the 'Alternative funding strategies' panel at the Cambridge Rare Disease Summit 2015.
Start up health Insights Digital Health Funding Rankings 2016 Mid Year RankingDexter Wee
Source : Startuphealth.com
Digital Health Funding Ranking 2016 Mid Year Report
Seed and Series A deals are 65 % of the funding rounds.
7600 startups around the world.
Similar to Money for good - A research in Donors - Hope Consulting (20)
Reunión de Freedom Prep en Birmingham, AL con personas de la comunidad en la Iglesia de Nuestra Señora de Fátima. Es una reunión que busca mostrar el interés de la comunidad por tener opciones de educación en la ciudad de Birmingham.
Primer reunión de Freedom Prep en Birmingham, AL con líderes comunitarios de los vecindarios donde posiblemente estableceríamos Freedom Preparatory Academy
Información General de Freedom Preparatory Academy. Presenta características más detalladas de Freedom Prep y permite acercar a la población Hispana/Latinx a una educación de calidad en sus comunidades. Comparte la misión/visión de FPA y acerca al lector a una visión amplia pero al mismo tiempo detallada.
Información General de Freedom Preparatory Academy. Presenta características generales de Freedom Prep y permite acercar a la población Hispana/Latinx a una educación de calidad en sus comunidades.
The publication details the policies that should be the priority of federal lawmakers across civil rights, criminal justice, economic security, education, health and well-being, and immigration issues.
The Latino community has made notable gains across key indicators including health, education, and the economy. Yet harmful policies and regulations issued under the Trump administration threaten to reverse this progress and widen inequities. UnidosUS’s policy agenda urges the 116th Congress to prioritize American workers and families—including Latinos—by protecting and advancing the gains they have made over the past decade.
FPA vision: All students at Freedom Prep will have the same competitive advantage as the most privileged children in America. This ppt provides the information so you can sign up to Duke TIP!
Doi it ASAP!
St. Jude Leadership Society encourages a focus on gratitude
and good citizenship, building your personal brand, diversity
and inclusion, leading with purpose and how we can all be
at our best through a series of leadership development sessions.
St. Jude recognizes the importance of mentorship and community, and encourages collaboration and shared learning throughout this experience.
In January of 2017, PeacePlayers launched a partnership with Nike to bring PeacePlayers’ proven model of uniting communities through sport to the United States. This partnership piloted growth in 2017 first to Baltimore, Brooklyn and Detroit, and then in the summer of 2018 added programs in Chicago and Los Angeles. At this time we are excited to begin launching two new sites Memphis (TN) and Portland (OR). We are currently seeking a Director to lead the planning and implementation of PeacePlayers Memphis.
MICAH is made up of 50+ churches, synagogues, mosques, community organizations, and unions--all standing together for a more just Memphis.
MICAH works to connect and amplify these diverse voices around our common values--equity, justice, and our God-given human dignity.
This was the Program for Public meeting in 2018
15 recommendations wer given including:
1. Protecting the right to request and be granted asylum.
2. Adapt national legislation to international standards
3. Adapt internal migration norms, policies, procedures and protocols to international norms and standards
4. Ending fast-track deportations and automatic returns
5. Adopt necessary measures in order to safeguard the right to counsel of migrant persons, asylum-seekers, and refugees
6. Ending lengthy migration detentions and taking any measures necessary to implement alternatives to deprivation of liberty
7. Ensuring conditions of detention that meet international standards for deprivation of liberty
8. Closing the processing centers supervised by the CBP.
9. Ending the practice of detaining children and adolescents in detention centers.
10. Prioritizing the child’s best interest in all administrative and judicial decisions that concern a child or adolescent and their family.
11. Prioritize the principle of family unity, and forego with the Zero
Tolerance policy and the policies and practices that criminalize migrants and their families in any circumstances
12. Continue with the implementation of actions aimed at reunifying families that have been separated
13. Taking any measures to protect defenders of the rights of migrant persons, asylum-seekers, and refugees, as well as the right of these defenders to do their job and to effectively access justice. Immediately ending threats and acts of harassment against these defenders.
14. Creating national and transnational mechanisms that enable an effective, timely identification of missing or dead migrant persons, and to make it possible to investigate those cases, punish anyone responsible for them, and provide the applicable reparations.
15. Ratifying the American Convention on Human Rights, the
Convention Relating to the Status of Refugees, the International
Convention on the Protection of the Rights of All Migrant Workers and Members of Their Families, and the Convention on the Rights of the Child.
Today is our second annual public meeting between MICAH and community
representatives and will highlight the work of all three of our issue areas. Since
the meeting last October at Mason Temple, MICAH has spent hundreds of
hours meeting with elected officials, and other business and community
leaders, to develop strategies and partnerships to address some of the most
challenging issues facing our community. All of the community
representatives here today have been informed about our issue platforms, they
know ahead of time what questions will be asked of them, and many of them
have worked in direct partnership with us to arrive at today’s
accomplishments
MICAH (Memphis Interfaith Coalition for Action and Hope) is a coalition of community and faith-based organizations joining together to give a more powerful voice for issues of justice in our city. Our current platform concentrates on three pillar issues, economic equity, education equity, and immigration & intercultural equity. We organize and speak to our community and its leaders, always seeking to "do justice, love mercy, and walk humbly with our God." The purpose of MICAH is not to replace each congregation or community organization's efforts, but instead to amplify the voice and the impact by working together interdependently.
MICAH is a power organization that addresses social justice issues in Memphis. MICAH is interfaith and multi-racial and engages stakeholders in the political and economic decisions affecting their lives. MICAH acts as a unified voice for the faith and justice community to act on its values in the public arena. MICAH is a coalition of congregations and community organizations whose interest is justice for all people.
The Texas Legislature recently gave serious consideration to legislation that would have allowed the granting of childcare licenses to immigration detention centers that hold asylum-seeking mothers and children. The licensing bill was proposed at the request of the private for-profit prison company — the GEO Group — that runs one of these family detention facilities. According to a state legislator, “the legislation came from” a GEO lobbyist (Hoffman 2017a). Indeed, the GEO Group admitted that it sought state licensing because it believed that the “licensing process [would] allow longer lengths of stay” for families in immigration detention, and thereby protect and possibly increase its profits (GEO Group 2016, 32). The GEO Group pushed the legislation in the wake of court rulings that limited the detention of children accompanied by their parents in unlicensed detention centers, putting lucrative contracts for family detention held by the GEO Group and other private companies at some risk.
The state of Tennessee, along with the nation, has undergone a “demographic evolution” spurred by increases in minority populations. These demographic booms are evident all over the
country, primarly in states like California and Texas, and major metropolitan cities like Los Angeles, Houston, and New York.
However, these changes are evident in all corners of Tennesse, including the city of Chattanooga and Hamilton County. Hamilton County Schools have seen a significant growth in Hispanic and English Learner populations, directly mirroring the growth across
the state. As these groups and other under-served groups grow, it is imperative to have community stakeholders advocating on their behalf to ensure that they receive the appropriate support and resources to perform on par with their peers.
Chattanooga State Community College has proposed to create an innovative hybrid program for English Language Learners to have increased access to Early post-Secondary Opportunities. As the Bridges to Success 2.0 program evolves, it is necessary to
recognize the demographic trends of the country, the city, and the
state and what the state of educational attainment is for English
learners in Hamilton County to ensure BTS 2.0 provides the most
appropriate support.
Teachers of color are positive role models for all students in breaking down negative stereotypes and preparing students to live and work in a multiracial society. A more diverse teacher workforce can also supplement training in the culturally sensitive
teaching practices most effective with today’s student populations.
In addition to providing social advantages for all students, the racial diversity of the teaching workforce can help to close the
achievement gap, emerging research suggests. Both quantitative and qualitative studies find that teachers of color can improve the school experiences of all students; further, teachers of color contribute to improved academic outcomes while serving as strong role models for students.
One report suggests that, compared with their peers, teachers of color are more likely to (1) have higher expectations of
students of color (as measured by higher numbers of referrals to gifted programs); (2) confront issues of racism; (3) serve as
advocates and cultural brokers; and (4) develop more trusting relationships with students, particularly those with whom they
share a cultural background.
A recent report shows that, despite the critical role that teachers of color can play in helping students of color succeed, every
state has a higher percentage of students of color than teachers of color and the workforce is still overwhelmingly homogenous.
While the focus of this report is on racial diversity, the Department acknowledges that other forms of diversity such as socioeconomic background, gender, sexual orientation, disability status, religion, and multilingualism are also important and should be examined. For example, when considering gender in addition to race, we know that black males make up only 2 percent of the teaching workforce nationwide.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
How to Create Map Views in the Odoo 17 ERPCeline George
The map views are useful for providing a geographical representation of data. They allow users to visualize and analyze the data in a more intuitive manner.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
The Art Pastor's Guide to Sabbath | Steve Thomason
Money for good - A research in Donors - Hope Consulting
1. HOPE CONSULTING
Money for
Good
The US Market for
Impact Investments
and Charitable Gifts
from Individual Donors
and Investors
MAY 2010
M AY 2 0 1 0 H O P E C O NS U L TI NG
2. I NTRODUCTION AND CONTEXT
The Motivation for the Money for Good Project
It is our nature to see the world based on our own context, experiences, and
points of view. People in all walks of life struggle with this bias every day. How
can a new product fail when you and your cohort believed that it was a great
idea? The need to understand the world as it is – not as we wish it were – has
caused primary market research to become a multi-billion dollar industry.
The motivation behind the Money for Good project was to seek the „voice of the
customer‟ for charitable giving and impact investing. This perspective has been
lacking in these sectors to date. As the Hewlett Foundation and McKinsey &
Company noted in their recent report “The Nonprofit Marketplace,” there is a
need to “invest in research that clarifies donors‟ motivations, needs, and
decision-making criteria.”1
With this report we have attempted to address that need, and to build a
thorough understanding of the behaviors and motivations of Americans with
respect to charitable giving and impact investing.
1. “The Nonprofit Marketplace: Bridging the Information Gap in Philanthropy”, The Hewlett Foundation and McKinsey & Company, 2008
M AY 2 0 1 0 H O P E C O NS U L TI NG 1
3. I NTRODUCTION AND CONTEXT
The Goal and Structure of the Money for Good Project
The goal of this project was to understand US consumer preferences, behaviors, and
demand for impact investment products and charitable giving opportunities
(together, these make up the “money for good” market), and then to generate
ideas for how for- and nonprofit organizations can use this information to drive more
dollars to organizations generating social good.
We structured the project around three key questions related to this overall goal:
1. How can nonprofits more effectively obtain donations from individuals?
2. How can a greater share of donations go to the highest performing
nonprofits?
3. What is the market potential for impact investing and how can it be realized?
Note: We also looked at how these findings relate to people who donate or invest in developing
countries, with a particular focus on support to international entrepreneurship. Those findings can
be found in ―Money for Good: Special Report on Donor and Investor Preferences for Supporting
Organizations Working Outside the US‖
M AY 2 0 1 0 H O P E C O NS U L TI NG 2
4. I NTRODUCTION AND CONTEXT
Our Approach to the Money for Good Project
WHO WE TARGETED HOW WE RESEARCHED WHY SURVEY IS UNIQUE
Individuals with household Used 3 sources of information: Breadth and Depth: survey is
(HH) incomes over $80K. unique both in the number of
These individuals represent External research, to learn respondents and the amount
the top 30% of US HHs in terms from previous work in the field of information it covered
of income, and make 75% of
charitable donations from Qualitative research, High Net Worth1: half (2,000)
individuals consisting of focus groups and of the respondents had HH
interviews with over 30 incomes >$300k, making this
We oversampled people with individuals, to test survey one of the most robust
household incomes over language and inform surveys of wealthy individuals
$300K, due to these hypotheses
individuals‟ disproportionate Behavioral Focus: survey
share of charitable Quantitative research, looked at actions, not simply
contributions and investments consisting of an online survey stated preferences. It also
of 4,000 individuals. This was forced individuals to make
the main focus of our trade-offs to mirror real life
research decision-making and
1. We refer to high net worth individuals throughout this report as individuals with HH incomes of
minimize pro social responses
greater than $300,000, as this is one of the criteria to be an accredited investor
M AY 2 0 1 0 H O P E C O NS U L TI NG 3
5. I NTRODUCTION AND CONTEXT
Key Definitions
Donations: Charitable donations by individuals to nonprofit organizations
Impact Investments that have an active social and/or environmental
Investments: objective in addition to a financial objective
Money for Good: Charitable donations + impact investments
Retail Donor or People with HH income between $80k and $300k. $80k is the
Investor: cutoff for the top three deciles of US HHs in terms of income
High Net Worth People with HH income over $300k, an income threshold for
Donor or Investor:1 accredited investors. This represents the top 1.3% of US HHs
Affluent Donor or Anyone with HH income over $80k (retail + high net worth).
Investor: This was the full scope of our research
1. Technically these are high income, not high net worth individuals. However, given the high correlation between income and assets and the fact that
income is a more stringent measure of being an accredited investor, we have used the more common term “High Net Worth” in this report
M AY 2 0 1 0 H O P E C O NS U L TI NG 4
6. I NTRODUCTION AND CONTEXT
Project Team
The Money for Good project has been generously funded by the Metanoia
Fund, the Aspen Institute of Development Entrepreneurs (ANDE), the Rockefeller
Foundation, and the William and Flora Hewlett Foundation
The project was led by Hope Consulting (www.hopeconsulting.us), with
additional advice and services provided by Clavis Partners, Engage123,
Compass(x) Strategy, and e-rewards
The project ran from December 2009 – May 2010
For more information on these results, please contact:
Hope Neighbor – Founder, Hope Consulting – hope@hopeconsulting.us
Greg Ulrich – Project Manager, Money for Good – greg@hopeconsulting.us
Julian Millikan – Survey Design, Money for Good – julian@hopeconsulting.us
The appendix contains additional information on the funders, partners and team
M AY 2 0 1 0 H O P E C O NS U L TI NG 5
7. I NTRODUCTION AND CONTEXT
A Final Note on This Report
This report summarizes the most important findings from our research
In addition, we have developed recommendations for how various actors can
use these findings to drive more dollars to organizations generating social good
These recommendations are supported by the fact-base we have developed
regarding the behaviors and preferences of donors and investors, but in some
cases require additional research to properly vet the ideas
• E.g., we found a demand for impact investment products with small minimum investments,
and recommend that the sector look for ways to provide those cost-effectively. However,
we can not state that it is in the best interests of any specific organization to develop these
products without a thorough understanding of the costs and benefits associated with them
We have noted areas where additional research is required throughout
M AY 2 0 1 0 H O P E C O NS U L TI NG 6
8. Agenda
1. Executive Summary
1. Executive Summary p 8 – 10
p 8 – 10
2. Increasing charitable donations from individuals p 12 – 34
3. Increasing donations to the highest performing nonprofits p 36 – 57
4. Realizing the potential of the impact investing market p 59 – 88
5. Final thoughts and next steps p 90 – 92
6. Appendix p 94 – 106
M AY 2 0 1 0 H O P E C O NS U L TI NG 7
9. EXECUTIVE SUMMARY
Increasing Charitable Donations From Individuals
Recommendations – For Nonprofits to
Key Findings Improve Fundraising Capabilities
A. There is $45B of market opportunity, limited in part A. Segment on behaviors, not demographics
by high levels of loyalty in charitable giving
B. Tag and track your donors by segment
B. Donors are generally satisfied with nonprofits, but
cite being solicited too often as their key area of C. Determine what segments are best for your
frustration organization, given your strengths
C. Few donors do research before they give, and D. Develop consistent outbound marketing that
those that do look to the nonprofit itself to appeals to target segments
provide simple information about efficiency and
effectiveness
E. Prioritize investments based on what will drive
donor behavior
D. Behaviors matter: there are six discrete segments
of donors with different primary reasons for giving
F. Capture donors early
E. Demographics don‟t matter: HNW donors
behave similarly to others G. Understand how to manage different segments
when approached
M AY 2 0 1 0 H O P E C O NS U L TI NG 8
10. EXECUTIVE SUMMARY
Increasing Donations to the Highest Performing
Nonprofits
Recommendations – To Increase Funding
Key Findings to High Performing Nonprofits
A. While donors say they care about nonprofit A. There are three primary opportunities to
performance, very few actively donate to the improve the quality of giving:
highest performing nonprofits 1. Closing the “care vs. act” gap
2. Closing the “quality information” gap
B. Changing this behavior will be difficult given 3. Closing the “good vs. best” gap
donors‟ varied motivations for giving, their loyalty
B. The “Care vs. Act” and “Quality Information”
to the nonprofits to which they give, and the fact gaps are the top priorities and can be
that they believe that nonprofits perform well addressed concurrently by
1. Providing simple information donors will use
2. Pushing information to the donors
3. Building broad awareness around some
select key messages
C. The opportunity to close the “Good vs. Best”
gap lies with the High Impact segment
D. Foundations can also help direct more capital
to high performing nonprofits by helping them
to develop superior fundraising capabilities
M AY 2 0 1 0 H O P E C O NS U L TI NG 9
11. EXECUTIVE SUMMARY
Realizing the Potential of the Impact Investing Market
Recommendations – To Unlock the
Key Findings Impact Investing Market
A. Most individuals are open to impact investing, but For organizations trying to unlock this market:
need to know more
A. Clarify what impact investing means
B. There is $120B of market opportunity, half of which
is for smaller (<$25k) investments; even the B. Build awareness of impact investing and the
wealthy want small investments opportunities available for investors
C. The opportunity is greater when positioned as C. Develop and disseminate information on impact
investments, not alternatives to charity investing to financial advisors
D. Once people get involved, their willingness to For all organizations involved in impact investing:
invest increases (ramp in effect)
D. Structure products with small initial investments
E. People discover & transact through their advisor (<$25,000)
F. The key barriers investors see relate to the E. Tailor products and messages by segment, to
immaturity of the market, not the social or appeal to different motivations
financial qualities of the investment opportunities
F. Make opportunities accessible to investors
G. Overall, downside risk is more important than
upside financial returns G. Position these as investments, not as alternatives to
charity
H. However, those general preferences don‟t apply
to each investor. We found six discrete segments H. Address barriers related to the markets‟
that have different priorities and motivations immaturity, which are consistent across segments
M AY 2 0 1 0 H O P E C O NS U L TI NG 10
12. Agenda
1. Executive Summary p 8 – 10
2. Increasing charitable donations from individuals
charitable donations individuals p 12 – 34
3. Increasing donations to the highest performing nonprofits p 36 – 57
4. Realizing the potential of the impact investing market p 59 – 88
5. Final thoughts and next steps p 90 – 92
6. Appendix p 94 – 106
M AY 2 0 1 0 H O P E C O NS U L TI NG 11
13. I NCREASING CHARI TABLE DONATI ONS FROM I NDI VI DUALS
Executive Summary
Recommendations – For Nonprofits to
Key Findings Improve Fundraising Capabilities
A. There is $45B of market opportunity, limited in part A. Segment on behaviors, not demographics
by high levels of loyalty in charitable giving
B. Tag and track your donors by segment
B. Donors are generally satisfied with nonprofits, but
cite being solicited too often as their key area of C. Determine what segments are best for your
frustration organization, given your strengths
C. Few donors do research before they give, and D. Develop consistent outbound marketing that
those that do look to the nonprofit itself to appeals to target segments
provide simple information about efficiency and
effectiveness
E. Prioritize investments based on what will drive
donor behavior
D. Behaviors matter: there are six discrete segments
of donors with different primary reasons for giving
F. Capture donors early
E. Demographics don‟t matter: HNW donors
behave similarly to others G. Understand how to manage different segments
when approached
M AY 2 0 1 0 H O P E C O NS U L TI NG 12
14. A. MARKET OPPORTUNITY
Nonprofit organizations receive a majority of their
donations – $172B – from affluent individuals
75% of all charitable donations – The wealthiest 30% contribute
~$230B – come from individuals 75% of all individual donations
2008 2008
Donations Donations
($B) ($B) Top 30% HH = $172B
$300 $150
$250 $229 $115
$120
$200
$90
$150
$57 $57
$60
$100
$41 $30
$50 $23 $15
$0 $0
Individual Foundation Charitable Corporate Wealthiest ~1% of Next 29% (HH Final 70% (HH
Donations Grantmaking Bequests giving Households (HH Income >$80k) Income <$80k)
Income >$300k)
This research only looks at the most affluent 30% of households (>$80K in income)
Source: Giving USA, 2008
M AY 2 0 1 0 H O P E C O NS U L TI NG 13
15. A. MARKET OPPORTUNITY
There is $45B of charitable donations available for
nonprofits from affluent individuals
Donations by top
30% of HHs ($B)
$250 New Donations Market
A minority of donors are willing to
consider donating an additional
Opportunity
$192 $20B over what they give today
$200 The market
$172 $20 opportunity is the
$25 Switchable Donations sum of new and
$150 $25B of donors’ current donations switchable
are not loyal to an organization, donations:
and are therefore available to
$100 be switched to new charities $45B
$147
Loyal Donations
$50 The majority of donations are
given to the same organizations
every year
$0
2009 Donations 2010 Potential
Donations
Loyalty and switching determined based on donors‟ certainty around future gifts, and their historical giving patterns. Details in appendix
M AY 2 0 1 0 H O P E C O NS U L TI NG 14
16. A. MARKET OPPORTUNITY
The $20B of opportunity for “new donations” is
concentrated in a third of donors
Only 1/3 of donors were willing to donate
more than they do today
Question asked “if nonprofits
Willing only to Not Willing improved on the areas you pay
Reallocate to Change
attention to, would you change
25% 41%
your giving?”
Only 34% of respondents said
they would donate more
Those 34% would donate $20B
more (after adjustments to
reduce overstatements1)
Willing to The 34% skew younger
Donate More • 38% of respondents under 50 willing
34% to donate more vs. 32% over 50
1. See appendix for details
M AY 2 0 1 0 H O P E C O NS U L TI NG 15
17. A. MARKET OPPORTUNITY
Donors are very loyal, leading to only $25B of
“switchable donations” (14% of total donations)
The Majority of Donations are Loyal
Loyalty was measured based on
% of $ Donated
% Total Gifts Loyal: donors‟ certainty around future gifts,
100%
86% and their historical giving patterns1
78% Almost 80% of all gifts made are “100%
80%
loyal,” meaning that there is a virtual
certainty that these gifts will be
60% repeated next year
• More loyal than typical industries
40% Overall, on a weighted basis, 14% of
gifts are available, or “switchable”
• Varies by income: 19% of donations by
20%
10% retail individuals are available, but only
7% 11% of HNW donors‟ donations
2% 3%
0%
100% Loyal 99-67% 66-33% 32-1% 0% Loyal
This leads to $25B in “switchable”
Loyal Loyal Loyal opportunity ($172B * 14% = $25B)
1. See appendix for details
M AY 2 0 1 0 H O P E C O NS U L TI NG 16
18. B. DONOR SATI SFACTION
A key area of donor dissatisfaction is that donors feel
that nonprofits solicit them too frequently
Importance vs. Performance1
For the most part, there is a high
• Ease of correlation between what donors say
• How org will donating
• Too frequent is important and how well they feel
use donation • Leadership
solicitations nonprofits perform
• % of $ to OH quality
• Effectiveness • Ultimately a barrier to getting people to
Importance to Donors
change behavior
• Direct use
• Regular reports • Prompt and Donors are not happy with how often
• Endorsements sincere they are solicited
• Can get thanks • 60% said this was very important to them,
involved but only 40% said they thought nonprofits
did a good job
• Innovative
• Consistent with external findings2
Approach
• Contact w/
beneficiaries This analysis is for donor views of
• Social events nonprofits overall; it is useful for
• Gifts
nonprofits to ask their donors how
• Recognition
they perform specifically
Performance of Nonprofits
1. Donors were asked to rate the importance of various elements of giving, and the performance of the nonprofits to which they donated, on 1-6 scale
2. “2008 Study of High Net Worth Philanthropy,” March 2009. Said #3 reason people stop donating to an organization is “Too Frequent Solicitation” (42%)
M AY 2 0 1 0 H O P E C O NS U L TI NG 17
19. B. DONOR SATI SFACTION
With a few exceptions, donors believe nonprofits
perform well on the important elements of giving
(Note: this is additional detail on previous page‟s chart)
Donors‟ View of How Important Various Donors‟ View of the Performance of the
Attributes Are When Giving to a Nonprofit Nonprofits to Which They Give
0% 20% 40% 60% 80%100% 100% 80% 60% 40% 20% 0%
Org's Effectiveness 90% 87% Ease of Donation
How the Org will Use my Donation 87% 75% Quality of Leadership
Quality of Leadership 78% 72% Org's Effectiveness
Percent of Costs to Overhead 76% 69% Prompt and Sincere Thank You
Ease of Donation 62% 68% How the Org will Use my…
Not Being Asked for Money Too Often 59% 60% Regular Progress Reports
Ability to Direct Donation's Use 46% 59% Percent of Costs to Overhead
Regular Progress Reports 41% 59% Ability to Get Involved
Endorsements by Person I Trust 34% 52% Endorsements by Person I Trust
Prompt and Sincere Thank You 31% Ability to Direct Donation's Use
48%
Ability to Get Involved 30%
40% Social Events Hosted by Charity
Org Approach - Novel / Innovative 28%
40% Not Being Asked for Money Too…
Contact with the End Beneficiaries 24%
39% Org Approach - Novel /…
Social Events Hosted by Charity 16%
38% Public Recognition of Donation
Worthwhile Gift 11%
36% Contact with the End…
Public Recognition of Donation 9%
25% Worthwhile Gift
M AY 2 0 1 0 H O P E C O NS U L TI NG 18
20. C. DONORS‟ I NFORMATION NEEDS
Most donors don‟t spend a lot of time researching,
and those that do look for simple, digestible info
Of those, ~75% spend …and they are looking for
Only 35% ever do research <2 hours researching… simple facts and figures
0% 10% 20% 30% 40%
Did Research on
Any Donation in Quotes /
2009 <15 Min 14% Testimonials
Stories 10%
15-60 Min 34%
35% 13%
65% 1-2 Hours 26%
15% 62%
Detailed
2-6 Hours 16% Reports
Never
Researched Facts and
Before Making a >6 Hours 10% Figures
Donation
M AY 2 0 1 0 H O P E C O NS U L TI NG 19
21. C. DONORS‟ I NFORMATION NEEDS
Donors are looking for information on the efficiency
and effectiveness of an organization…
“Select the most important piece of information you
sought out before giving”
0% 5% 10% 15% 20% 25% 30%
For better or for worse,
Amount to "doing good" (vs. OH) 25% Overhead Ratio is the #1
The amount of good the org is accomplishing 24% piece of information
donors are looking for
How the org will use the donation 18%
Approach to solving the problem 8% In general, people are
Endorsement by trustworthy org or person 7% looking for comfort that
their money will not be
Quality of organization's team 5%
“wasted” (top 3 answers)
What the donation will provide 4%
Size of the challenge org trying to address 4% People care about
information on the
Negative information (scandal, etc) 2%
organization more than
Other 1% information on the size of
the problem (4%)
M AY 2 0 1 0 H O P E C O NS U L TI NG 20
22. C. DONORS‟ I NFORMATION NEEDS
…and donors typically look to the organization itself to
collect information
“Please select the single most valuable source of
information you used”
0% 5% 10% 15% 20% Many donors go directly
The organization’ s web-site 16% to the organization
Employee/Volunteer at the NP 14%
(3 of top 4 responses)
A friend or family member 14%
Only 10% use
Beneficiary 11%
intermediaries that
Internet search (e.g., Google) 10% evaluate a wide range of
Website that has info on many NPs 10% nonprofits as their primary
Presentation at an event I attended 8% source of information
E-mails or mailings from the NP 4%
Other 4%
If there was a strong
demand for information,
Grant proposal or annual report 4%
there would likely be more
TV news report or media article/video 3%
activity with internet
Advisor (e.g., lawyer, financial advisor) 2% searches and advisors
M AY 2 0 1 0 H O P E C O NS U L TI NG 21
23. D. DONOR SEGMENTS
Donors are not alike. We found that, statistically, donors
break out into six behavioral segments
Repayer Casual Giver High Impact
―I give to my alma mater‖ ―I primarily give to well ―I give to the nonprofits
known nonprofits through a that I feel are generating
―I support organizations
payroll deduction at work‖ the greatest social good―
that have had an impact
on me or a loved one‖ ―I donated $1,000 so I ―I support causes that
could host a table at the seem overlooked by
event‖ others‖
Faith Based See the Difference Personal Ties
―We give to our church‖ ―I think it’s important to ―I only give when I am
support local charities‖ familiar with the people
―We only give to
who run an organization‖
organizations that fit with ―I only give to small
our religious beliefs‖ organizations where I feel I ―A lot of my giving is in
can make a difference‖ response to friends who ask
me to support their causes”
Note: Segments based on statistical analysis. See appendix for details
M AY 2 0 1 0 H O P E C O NS U L TI NG 22
24. D. DONOR SEGMENTS
Each segment has different motivations for giving
Casual High Faith See the Personal
Core Drivers of Giving1 Repayer Giver Impact Based Difference Ties
Cause impacted me or a loved one 38% 4% 2% 2% 6% 7%
Org is established and respected 4% 27% 7% 3% 7% 8%
I will be recognized or appreciated 1% 4% 0% 0% 1% 1%
Easy to give through work 0% 3% 0% 0% 1% 1%
Good social events or gifts 0% 3% 0% 0% 0% 1%
Focused on underserved social issue 2% 4% 18% 1% 4% 2%
Org better at addressing social issues 1% 5% 12% 1% 3% 2%
Fit with religious beliefs 1% 2% 2% 65% 3% 2%
Org works in my local community 3% 4% 3% 3% 30% 5%
Org is small - gift makes a difference 2% 2% 2% 1% 16% 3%
Familiar with org/leadership 3% 4% 2% 3% 5% 26%
Friend/Family asked me 2% 1% 1% 0% 1% 10%
In social or professional network 1% 1% 0% 0% 1% 5%
Try to support friends' charities 0% 0% 0% 0% 0% 3%
1. The segments were derived by grouping individuals who had similar priorities across these “Core Drivers” of giving. We tested for multiple
segmentations (from 3-9 groupings) and found this breakout of six segments to be the most robust. The %‟s represent the relative importance of each
variable to each segment‟s decision making for charitable giving. “I care deeply about the cause” was important to all segments so was removed from
the analysis (it‟s more of a table stake than a driver of segment-specific decision making). See appendix for further details on the methodology
M AY 2 0 1 0 H O P E C O NS U L TI NG 23
25. D. DONOR SEGMENTS
Repayer has the largest number of donors;
Personal Ties has the largest amount of donations
% % MEAN MEDIAN
POPULATION DONATIONS DONATION1 DONATION2
Repayer 23% 17% $11,000 $1,800
Casual Giver 18% 18% $15,000 $2,500
High Impact 16% 12% $11,000 $3,500
Faith Based 16% 18% $18,000 $7,700
See the Difference 14% 10% $10,000 $2,500
Personal Ties3 13% 25% $27,000 $3,700
1. Refers to all donations. 2. Refers to all donations. Estimated as people entered their giving in ranges (e.g., $1,000 - $2,499) vs. directly inputting the
amount. 3. The reason that Personal Ties has such a large % of donations is because, in our survey, a disproportionate # of people who gave >$1M / year
fell into this category. This may be unsurprising, as many other reports discuss the importance of personal connections for very high net worth donors
M AY 2 0 1 0 H O P E C O NS U L TI NG 24
26. D. DONOR SEGMENTS
There is at least $5B of market opportunity in each
segment
Market Opportunity by Segment ($B)
New Donations
Switchable Donations Sufficient market opportunity
Repayer $3.4 $2.2
exists in each segment
Casual
$4.0 $5.9
Faith Based and Repayer are
Giver
the most loyal segments (93%
vs. 86% overall)
High Impact $3.0 $3.0
The least loyal segments are
Faith Based $4.0 $2.6
Casual Givers & See the
Difference (80%)
See the
Difference
$1.6 $3.5 The Personal Ties switching
opportunity is driven by the
Personal Ties $3.3 $8.4
high current donation per
person
M AY 2 0 1 0 H O P E C O NS U L TI NG 25
27. E. DEMOGRAPHICS
Segments don‟t vary significantly by demographics;
demographics are not critical predictors of behavior
Segment mix is similar
across gender… …age… …and income
100%
100% 100%
Personal Ties
80%
80% 80%
See the
Difference
60%
60% Faith Based 60%
High Impact 40%
40% 40%
Casual Giver 20%
20% 20%
Repayer
0%
0% 0%
$80- $150- $300- $750K+
Male Female 18-39 40-49 50-59 60+
$149K $299K $749K
Responses to other questions in the survey did not vary much by demographics –
most importantly, high net worth individuals responded similarly to everyone else
Note: breakouts on this page are for the raw data in from the survey, before adjustments were made to rebalance for population demographics
M AY 2 0 1 0 H O P E C O NS U L TI NG 26
28. I NCREASING CHARI TABLE DONATI ONS FROM I NDI VI DUALS
Recommendations for obtaining more donations from
individuals by improving the donor experience
A. Segment on behaviors, not demographics
B. Tag and track your donors by segment
C. Determine what segments are best for your organization, given your strengths
D. Develop consistent outbound marketing that appeals to target segments
E. Prioritize investments based on what will drive donor behavior
F. Capture donors early
G. Understand how to manage different segments when approached
M AY 2 0 1 0 H O P E C O NS U L TI NG 27
29. RECOMMENDATIONS FOR NONPROFIT ORGANIZATIONS
A. Segment on behaviors, not demographics
Why Do This How to Segment
Nonprofits segmentations are often Repayer Casual Giver
based on demographics, especially ―I support organizations ―I give to well known
age and income that have had an nonprofits because it
impact on me or a isn’t very complicated‖
loved one‖
However, differences in age and
income do not point to differences in
High Impact Faith Based
how donors give, or what they want
• While it may be useful to spend more ―I give to the nonprofits ―We give to
that I feel are organizations that fit
time with affluent donors because they
generating the greatest with our religious beliefs‖
are often willing to donate more, they
social good‖
should not be targeted differently
Personal Ties See the Difference
It is more useful to segment based on
what drives donor behavior, and ―I give when I am ―I only give to small
familiar with the people organizations where I
would thus influence the message and who run an feel I can make a
approach for that type of donor organization‖ difference‖
M AY 2 0 1 0 H O P E C O NS U L TI NG 28
30. RECOMMENDATIONS FOR NONPROFIT ORGANIZATIONS
B. Tag and track your donors by segment
Why Do This How to Tag and Track (Illustrative Ex’s)
Because different donor segments Please answer the following three questions:
respond to different hooks, it is 1. Why do you donate to our organization?
important to know into which segment A. A loved one was afflicted by the disease
a current or prospective donor falls B. A friend asked me to
C. Donated at 25th anniversary event
D. …
Segment tags can (and should) be
2. What do you like most about our organization?
tracked in an organization‟s donor A. Strong religious principles
database B. More effective than similar nonprofits
C. …
Determining which segment a donor is 3. How…
in is very doable; it can be as easy as
asking a few behavioral questions for Name Address Donation When Segment
each donor (again, this can‟t be done John Doe 142 Oak St… $500 12/5/09 High Impact
based simply on demographics) Sue Kim 88 Chestnut… $250 9/15/09 Repayer
Jim Smith 42 Pine St… $75 1/1/10 Casual Giver
…
M AY 2 0 1 0 H O P E C O NS U L TI NG 29
31. RECOMMENDATIONS FOR NONPROFIT ORGANIZATIONS
C. Determine which segments are best for your
organization, given your strengths
Why Do This How to Pick Target Segments
Nonprofits can‟t be all things to all 1. Define what you stand for
people, and certainly can‟t effectively
market themselves as such 2. Assess what you do best, and what
makes you distinct
The best way to set your organization
apart from others is to be clear on 3. Look at your current donors – why do
they donate to your organization, and
your strengths, and market yourself
into which segment do they fall?
accordingly
4. Now, look at the six donor segments –
There is sufficient headroom in each select those that are the best fit for your
segment, so the available dollars organization
should not dictate where a nonprofit
focuses Some potential examples:
• Susan G. Komen: Repayer, Personal Ties
• A Local Shelter: See the Difference, Faith Based
• TechnoServe: Repayer, Personal Ties, High Impact
M AY 2 0 1 0 H O P E C O NS U L TI NG 30
32. RECOMMENDATIONS FOR NONPROFIT ORGANIZATIONS
D. Develop simple, consistent outbound marketing
that appeals to target segments
Why Do This Some Ideas…
Donors give for different reasons, and Create outbound marketing approach
thus respond to different appeals that appeals to target segments, i.e.,
• Channels for communication and asks
Donors want simple information, and • Look and feel of website and images
are not willing to do a lot of research • Consistency in all messages
Communicate a few, simple messages
While many donors want general
• Simple story that appeals to 1-2 segments
performance information, and want to • Supported by a few key metrics
know how their gift will be used,
different segments have different
Create brief summaries / asks for
“hooks” that will inspire them to give
donors, nuanced by target segment
• E.g., a hospital could focus on:
a) appealing to the families of current When you donate to [org name], 99 cents out of
and past patients; every dollar go to help the end beneficiaries…
b) how they benefit the local community Do you remember the great times you had at ___
c) their quality vs. other hospitals University? Well, now we need your help…
M AY 2 0 1 0 H O P E C O NS U L TI NG 31
33. RECOMMENDATIONS FOR NONPROFIT ORGANIZATIONS
E. Prioritize investments based on what will drive donor
behavior
Why Do This How to Prioritize Investments
We measured the importance of various traits
Nonprofits should only invest where it
for the sector as a whole (see pages 17 - 18);
will change behavior – and should not nonprofits could survey their donors to see how
invest where it won‟t they perform on each of those dimensions
1.0
Nonprofits need to understand what Unsatisfied needs
0.9
donors want and how donors feel that
0.8
the nonprofit performs on those criteria
• Nonprofits can attract more donors by 0.7
Importance
improving on „unsatisfied needs‟ 0.6
• Nonprofits can save time and money by 0.5
cutting back on areas of over-investment 0.4
0.3
Requires being strict – “Will changing 0.2
what we do here really cause donors to 0.1 Areas of potential
over-investment
[no longer] give to us?” 0.0
0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0
Performance
M AY 2 0 1 0 H O P E C O NS U L TI NG 32
34. RECOMMENDATIONS FOR NONPROFIT ORGANIZATIONS
F. Capture donors early
Why Do This Some Ideas…
Most elements of donor behavior Engage young people who
don‟t vary with age or income correspond with your target
segments and have strong
Further, donors are rather loyal, so: earning potential
• Once they donate, they are yours to lose • Young donors program (e.g., Bravo Club)
• If you don‟t have them once they‟ve • Bring young, connected professionals to
started to give, they are hard to convert the Board (e.g., Young Associates Board)
So, while many nonprofits target Because an organization‟s volunteers
wealthy, older donors, it may be are disproportionately likely to give to
better to target younger, less affluent that organization, create opportunities
donors that have earning potential for young people to volunteer
• Partner with firms with young professionals
(banks, consultancies, technology, etc)
Invest in the lifetime potential of donors,
not just this year‟s potential
M AY 2 0 1 0 H O P E C O NS U L TI NG 33
35. RECOMMENDATIONS FOR NONPROFIT ORGANIZATIONS
G. Understand how to manage different segments
when approached
Why Do This How to Manage Different Segments
Targeting and messaging to chosen
1. Develop 3 reasons why each segment
donor segments is for outbound
should donate to your nonprofit, and
marketing communicate to all fundraisers
However, when donors from „non 2. Create a simple set of questions that you
target‟ segments come to you, they ask each prospective donor when you
meet him/her
should not be turned away • Can be standard questions with responses
that will assign each donor to a segment,
e.g., “Why are you interested in our
As a result, it is important to have a
organization”? (See Rec #2)
clear set of talking points to use with
each donor segment, not just your 3. Emphasize the messages appropriate for
target segments, to maximize your that segment
ability to appeal to them
4. Tag and track the donor over time
M AY 2 0 1 0 H O P E C O NS U L TI NG 34
36. Agenda
1. Executive Summary p 8 – 10
2. Increasing charitable donations from individuals p 12 – 34
3. Increasing donations to the highest performing nonprofits
donations p 36 – 57
4. Realizing the potential of the impact investing market p 59 – 88
5. Final thoughts and next steps p 90 – 92
6. Appendix p 94 – 106
M AY 2 0 1 0 H O P E C O NS U L TI NG 35
37. I NCREASING DONATIONS TO HI GH PERFORMING NONPROFITS
Executive Summary
Recommendations – To Increase Funding
Key Findings to High Performing Nonprofits
A. While donors say they care about nonprofit A. There are three primary opportunities to
performance, very few actively donate to the improve the quality of giving:
highest performing nonprofits 1. Closing the “care vs. act” gap
2. Closing the “quality information” gap
B. Changing this behavior will be difficult given 3. Closing the “good vs. best” gap
donors‟ varied motivations for giving, their loyalty
A. The “Care vs. Act” and “Quality Information”
to the nonprofits to which they give, and the fact gaps are the top priorities and can be
that they believe that nonprofits perform well addressed concurrently by
1. Providing simple information donors will use
2. Pushing information to the donors
3. Building broad awareness around some
select key messages
B. The opportunity to close the “Good vs. Best”
gap lies with the High Impact segment
C. Foundations can also help direct more capital
to high performing nonprofits by helping them
to develop superior fundraising capabilities
M AY 2 0 1 0 H O P E C O NS U L TI NG 36
38. 0
1
2
3
4
5
6
The organization's
M AY 2 0 1 0
effectiveness
How the organization will use
my donation
Percentage of costs
dedicated to overhead
is important…
Quality of the organization's
H O P E C O NS U L TI NG
leadership
How easy it is for me to
donate
Does not ask me for money
too often
Allows me to direct where my
money goes
Provides progress reports on
their work
Highlight endorsements by
trustworty people/orgs
Allows me to get involved
Average score from respondents on a 1-6 scale, where 6 = “I pay extremely close attention to”
A. DEMAND TO DONATE TO HI GH PERFORMING NONPROFITS
Thanks me promptly and
sincerely
Offers a novel or innovative
approach
Provides contact or
engagement with
beneficiaries
Hosts worthwhile social events
The majority of people say that nonprofit performance
Provides a worthwhile gift for
my donation
Publicly recognizes my
one of the three highlighted responses
85% of respondents answered 5 or 6 to
donation
“How much do you pay attention to the following when giving to charity?”
37
39. A. DEMAND TO DONATE TO HI GH PERFORMING NONPROFITS
… However, very few people spend any time looking
into it…
People say they care about nonprofit
performance, but few look into it Comments from Focus Groups
% of all
Respondents “Giving to charity should be the easy
100%
thing in my life”
85%
80% “I don‟t want to spend the time to do
research”
60%
“With known nonprofits, unless there is
40% 35% a scandal, you assume they are
doing well with your money”
20%
“[Third party validation]…would be
0% another layer of effort for me. I would
State that Do research on any
performance is "very gift
have to figure out whether the rating
important" (1) company is reputable or trustworthy”
1. % responding 5 or 6 on a 1-6 scale, where 6 = “I pay extremely close attention to”
M AY 2 0 1 0 H O P E C O NS U L TI NG 38
40. A. DEMAND TO DONATE TO HI GH PERFORMING NONPROFITS
… When they do research only a quarter are interested
in the level of social impact an organization is having…
“Select the most important piece of information
you sought out before giving” Comments from Focus Groups
0% 10% 20% 30%
“I look at what percentage of
Amount to "doing good" (vs. OH) 25% dollars actually goes to those
The amount of good the org is being helped. I will look that up if it
24%
accomplishing is easy to find”
How the org will use the donation 18%
“I look for 25% or lower admin
Approach to solving the problem 8% costs”
Endorsement by trustworthy org or
person
7%
“It‟s too hard to measure social
Quality of organization's team 5% impact”
What the donation will provide 4%
Size of the challenge org trying to
“I‟m not a mini-foundation; don‟t
address
4% treat me like one”
Negative information (scandal, etc) 2%
Other 1%
M AY 2 0 1 0 H O P E C O NS U L TI NG 39
41. A. DEMAND TO DONATE TO HI GH PERFORMING NONPROFITS
… and they use that information to validate their
donation, not to choose between organizations
For the 35% that do research, it is
often to “validate” their choice of
charity Comments from Focus Groups
% of the 35% that
research “I just want to make sure my charities
100% „hurdle the bar‟, I don‟t care by how
much”
80%
63% “I just want to ensure that I‟m not
60% throwing my money away.”
40% “I can‟t determine which is the „best‟
24% nonprofit, but I can find out if a
20% 13% nonprofit is bad”
0%
“We give to faith based organizations if
To determine To help me To help me
whether I would decide how choose they are accredited by our church”
make a gift to much to give between
this organization multiple orgs
M AY 2 0 1 0 H O P E C O NS U L TI NG 40
42. A. DEMAND TO DONATE TO HI GH PERFORMING NONPROFITS
So, overall, only 3% of people donate based on the
relative performance of a nonprofit organization
Gives based
Total Cares About Does Any Researches
Population Performance + Research + Performance + on relative
performance
3%
100% 85% 32% 21%
Note: %‟s represent total people. So, while 35% research, only 32% care about performance AND research
M AY 2 0 1 0 H O P E C O NS U L TI NG 41
43. B. BARRIERS TO CHANGI NG BEHAVI OR
Changing donor behavior is an uphill battle
Sadly, the reality is that very few donors actively try to give to high
performing nonprofits when they make their charitable contributions
Changing these donors‟ behaviors will be challenging, in large part
due to three critical barriers:
1. Donors don‟t give to „maximize impact‟
“I give because it makes me feel good”
2. There is no „burning platform‟ to motivate change
“I don‟t research, but I am sure that the nonprofits to which I donate are
doing a great job”
3. Donors are loyal
“I give to the same organizations each year. Some metric won‟t change
that”
M AY 2 0 1 0 H O P E C O NS U L TI NG 42
44. B. BARRIERS TO CHANGI NG BEHAVI OR
Donor‟s don‟t give to maximize their social impact.
Only the “High impact” segment cares about this at all
Importance of Key Drivers of Donation Importance of “Organization is Better
(for population overall) Than Others at Addressing Social Issues”
0% 5% 10% 15%
Care deeply about the cause 33%
Cause impacted me / loved one 12%
Repayer 1%
Fit with religious beliefs 11%
Org established and respected 9%
Org works in my community 7%
Casual Giver 5%
Familiar with org/leadership 7%
Focus on underserved social issue 5% High Impact 12%
Org better at addressing social issues 4%
Org is small - gift makes a difference 4% Faith Based 1%
Friend/Family asked me to give 2%
I will be recognized or appreciated 1%
Personal Ties 3%
In social or professional network 1%
Easy to give through work 1%
Enjoy benefits (social events, gifts…) 1%
See the Difference 2%
Try to support friend's charities 1%
M AY 2 0 1 0 H O P E C O NS U L TI NG 43
45. B. BARRIERS TO CHANGI NG BEHAVI OR
Donors feel that nonprofits perform well – there is no
„burning platform‟ for them to change
Importance vs. Performance1
• Ease of
• How org will donating
For the most part, we see a high
• Too frequent correlation between what
use donation • Leadership
solicitations
• % of $ to OH quality donors say is important and how
• Effectiveness
well they feel nonprofits perform
Importance to Donors
• Direct use
• Regular reports • Prompt and This correlation is more stark than
• Endorsements sincere
• Can get thanks
one would see in most other
involved industries
• Innovative
Approach This creates a big challenge to
• Contact w/ getting people to do more
beneficiaries
• Social events
research -- they see no need to
• Gifts do so
• Recognition
Performance of Nonprofits
1. Donors were asked to rate the importance of various elements of giving, and the performance of the nonprofits to which they donated, on 1-6 scale
M AY 2 0 1 0 H O P E C O NS U L TI NG 44
46. I NCREASING DONATIONS TO HI GH PERFORMING NONPROFITS
Recommendations on how to increase funding to
high performing nonprofits
A. There are three primary opportunities to improve the quality of giving:
1. Closing the “care vs. act” gap
2. Closing the “quality information” gap
3. Closing the “good vs. best” gap
A. The “Care vs. Act” and “Quality Information” gaps are the top priorities
and can be addressed concurrently by
1. Providing simple information donors will use
2. Pushing information to the donors
3. Building broad awareness around some select key messages
B. The opportunity to close the “Good vs. Best” gap lies with the High
Impact segment
C. Foundations can also help direct more capital to high performing
nonprofits by helping them to develop superior fundraising capabilities
M AY 2 0 1 0 H O P E C O NS U L TI NG 45
47. RECOMMENDATIONS TO I NCREASE DONATIONS TO HI GH PERFORMING ORGS
A. There are three opportunities to improve the quality
of giving
While this is an uphill battle, we do see hope
• 85% people say they do care about nonprofit performance
• 60% of people say they will change their giving if nonprofits do a better job on
areas that are important to them
• We know that people do research for other decisions in life when they have
ready access to quality information
Overall, we see three key opportunities to improve the quality of giving
1. Getting people that care about performance to do some research
2. When people research, getting them to care about the „right things‟
3. Getting people to care about making the „best‟ gift, just a „good‟ gift
M AY 2 0 1 0 H O P E C O NS U L TI NG 46
48. RECOMMENDATIONS TO I NCREASE DONATIONS TO HI GH PERFORMING ORGS
A. The three opportunities to improve the quality of
giving
Gives Based
Cares About Does Any Researches
Performance + Research + Performance + on Relative
Performance
85% 32% 21% 3%
Opportunity 1: Opportunity 2: Opportunity 3:
The “Care vs. Act” The “Quality The “Good vs. Best”
Gap Information” Gap Gap
Get people to act on Get people to care Get people to give to
their interest in nonprofit about social impact the top nonprofits, not
performance by doing and other measures of just those that are
some research performance „good enough‟
M AY 2 0 1 0 H O P E C O NS U L TI NG 47
49. RECOMMENDATIONS TO I NCREASE DONATIONS TO HI GH PERFORMING ORGS
B. We believe that the “Care vs. Act” and “Quality
Information” gaps are the first priorities to address
These gaps address ~2/3 of all donors, representing $110B of annual donations
Making a small change on these donations will have more impact than even a doubling of
the donors that try to give to the highest performing nonprofits (which currently represent just
$5B of annual charitable gifts)
Changing individuals‟ behavior is very difficult, especially given the barriers in the charitable
giving space. Given that donors state time and again that nonprofit performance is
important to them, we feel that getting them to look at research isn‟t a significant change to
their core behaviors
• The core behavior that can be maintained is using information to validate gifts, not
choose amongst different nonprofits, which will be harder to influence
• Addressing the “Quality Information” gap requires no behavioral changes
Addressing these opportunities will disseminate performance information broadly, which will,
in turn, motivate nonprofits to perform better and be the tide that lifts all ships
Getting simple information on nonprofit performance out to donors will help break down the
belief that donors think that all nonprofits are strong performers
When getting donors to look at information, it is possible to simplify the information they
receive and in doing so, improve the quality of information
M AY 2 0 1 0 H O P E C O NS U L TI NG 48
50. RECOMMENDATIONS TO I NCREASE DONATIONS TO HI GH PERFORMING ORGS
B. The “Care vs. Act” and “Quality Information” gaps
can be addressed concurrently
Gives Based
Cares About Does Any Researches
Performance + Research + Performance + on Relative
Performance
85% 32% 21% 3%
Care vs. Act Gap Quality Info Gap
Many initiatives will address both of these opportunities simultaneously
Three ways to address these gaps:
1. Providing simple information donors will use
2. Pushing information to the donors
3. Building broad awareness around some select key messages
M AY 2 0 1 0 H O P E C O NS U L TI NG 49
51. RECOMMENDATIONS TO I NCREASE DONATIONS TO HI GH PERFORMING ORGS
B1. Provide Simple Information – What is Needed
Why Do This What Is Needed
When we look at the 35% of people Donors who care about performance
that do any research, we see that: but DON‟T research today will be
• Donors do not spend a lot of time doing interested in information that is:
research (75% spend < 2 hours) • Simple and digestible
• Validates performance
• Donors are looking for simple information
(62% want facts and figures vs. more Further, to create change across
elaborate info) many donors, information must be:
• Donors are looking simply to validate • Easy for sector to market and message
nonprofits (ensure they aren‟t making a • Consistent with how donors absorb
bad donation), which has a lower bar information today
for information and negates the need
for comparative metrics However, what is not required/desired
(from a donor‟s perspective):
• Donors look to the organization – and to
• Consistent information across nonprofits
people close to it – to provide
• Information that compares nonprofits to
information each other
• Detailing methodologies/scoring systems
M AY 2 0 1 0 H O P E C O NS U L TI NG 50
52. RECOMMENDATIONS TO I NCREASE DONATIONS TO HI GH PERFORMING ORGS
B1. Provide Simple Information – Some Potential Ideas
Example Rationale
• Simple
We are a ―Best Buy • Validating
Seal of Approval Charity‖ • Bar can be set as high
as one wants
Before you donate, ask • Simple
3 Key Questions your nonprofit these • Marketable
three questions … • Help move from OH
• Get info from people
Peer Reviews • Can get heavy traffic
Last Year This Year
• Achievable by most
• Shows progress
Year-on-Year Metrics Entrepreneurs Assisted 300 450
• Comparable info w/o
Income from Enterprises $1.3M $3.2M
comparing nonprofits
M AY 2 0 1 0 H O P E C O NS U L TI NG 51