Religious and Arts Nonprofits Face Grim Fundraising Prospects
Last year’s tax bill has greatly diminished the incentive for taxpayers to donate to charitable organizations. The number of U.S. taxpayers itemizing deductions could drop from approximately 37 million to 16 million. This could be the most dramatic decline in charitable giving in the modern…
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The New Tax Law Will Devastate Nonprofit Fundraising
(Photo Credit: Gage Skidmore, Creative Commons) When Republicans passed the Tax Cuts and Jobs Act of 2017, GOP legislators were euphoric. House Speaker Paul Ryan called the bill “one of the most important pieces of legislation that Congress has passed in decades,” adding that it…
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How Natural Disasters Will Impact Year-End Giving
Flooding in Houston. Wildfires in Montana. Life-threatening winds in Florida. There have been an extraordinary number of natural disasters this summer that have hit our communities hard. Houston – one of the United States’ biggest cities – is suffering economically as it begins to rebuild…
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Jewish Museum in Philly Faces Cuts. How Can NMAJH Rebound?
The National Museum of American Jewish History (NMAJH) is feeling a pinch after several years of lackluster fundraising and growing costs. The museum – inaugurated in 2010 and housed in a $150 million building on Philadelphia’s Independence Mall – is cutting 36 percent of its…
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Michigan Foundations Short-Change Underserved Communities
(Clean water protesters. Residents of Flint Michigan were let down when public water was horribly contaminated due to institutional neglect). From 2003 to 2013, Michigan’s 66 foundations – including some of the largest in the nation, such as The W.K. Kellogg Foundation, McGregor Fund, and…
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AnalyticsIQ Connects Nonprofits With Big Data
There is a common saying in the nonprofit sector that philanthropic institutions lag at least ten years behind private industry counterparts when it comes to implementing new technologies. Donor retention, for example, is often treated as an art rather than a science. When nonprofits lack…
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Nonprofit Election Survival Guide: 5 Tips for Fundraising Pros
(When will it end?!) The U.S. presidential election cycle is truly unique in the world. Involving an 18-month media frenzy, the contest is unparalleled for its drawn-out drama and immense cost. So far, candidates have raised $720 million, and Super PACs have amassed $446 million…
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Funding for Philly Rail Park Grows
(The Reading Viaduct as it currently stands) The drive to construct a public park on top of the Reading Viaduct in Philadelphia appears to be picking up steam. The project – in part inspired by the popular High Line in New York City – has…
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How Fundraisers Can Leverage Pope Francis Visit
It turns out that all the anticipation of Pope Francis’ U.S. visit reflected an accurate level of enthusiasm for the popular pontiff. His parade around the National Mall drew throngs of people, and he spoke before 18,000 people in Madison Square Garden. Philadelphia is doubling…
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China’s Financial Crisis and Nonprofits: What to Expect
Global stock markets are reeling after the widely predicted (yet no less jarring) Chinese financial crisis caused the Shanghai Composite to plummet, stoking fears that the world’s second largest economy is facing a bleak economic outlook. The Dow Jones plunged 1,000 points (before rebounding a…
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