Declines in charitable donations, fueled by economic uncertainty and evolving donor preferences, challenge nonprofits to innovate and prioritize transparent communication. Adapting and embracing targeted, impact-driven approaches are a must for sustaining operations in today's philanthropic landscape.
Read MoreDAFs are unique in that they give donors the flexibility to decide when and how much money goes to their chosen nonprofits. A double-edged sword. On one hand, it allows for strategic, thoughtful philanthropy. On the other, it can lead to large sums of money sitting idle, not reaching the charities that need these funds to continue their missions.
Read More