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Apple TV’s Ted Lasso series has been a huge hit, not only for its entertaining and heartfelt storylines but also for Ted’s homespun, down-to-earth wisdom that he shares with his players, friends, and family.
Every two years, since the early 2000s, the US Census Bureau, in partnership with AmeriCorps, releases a study tracking volunteerism in the US. This year’s report, released in late January, found that the national rate of volunteering through organizations dropped from 30% of all Americans in 2019 to 23% in 2021—the largest drop since the study began in 2002.
Inflation and the possibility (if not current reality!) of a recession are huge challenges to raising funds for nonprofit organizations. With inflation currently over 9%--a 40-year high—and the equity markets like the S&P 500 down over 20% year to date, nonprofit leaders are justifiably concerned about raising the funds necessary to support their important work.
According to the Center on Wealth and Philanthropy at Boston College, we are currently experiencing the largest wealth transfer in US history. $59 trillion (yes, trillion!) will transfer to the next generation from 2007 to 2061. Charitable giving during that same period is estimated to be $20.6 trillion. With longer lifespans and a greater understanding of how sustained giving over time can positively contribute to the social good, many families want to approach their giving strategically with more multi-generational collaboration. Thus, increasingly traditions of giving, and not just money, are passed from one generation to the next.
Whether you’re ready to expand your organizational capacity and move forward with purpose, or just want to talk shop, we’d love to connect.
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