In the last 25 years, the fundraising landscape has shifted from the tried-and-true 80/20 rule to a 95/5 model, where a small percentage of donors provide the majority of philanthropic dollars. This change created an unfortunate trend of nonprofits to pursuing mega-donors recklessly. Evidence as illustrated by Florida A&M University’s $240 million gift fiasco, which highlights the importance of due diligence even in the face of exciting opportunities.
Read More