Friday, February 07, 2014

What You Need To Start Planned Giving | #fundchat

What You Need To Start Planned Giving | #fundchat: Your charity or nonprofit doesn’t need much to get started with planned giving, but you do need two critical ingredients. Here’s what I look for to decide whether Planned Giving is feasible at a charity:

7 years under your belt. I used to say a nonprofit should have a steady 10 years working in its mission, but I’ve relaxed that to seven. You need that because you’ll be asking potential donors to include you in their estate plans, which will mean cash to you at their deaths (for the majority of planned gifts).

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