by Viken Mikaelian
As you know, the average affluent donor supports an average of 12 charitable causes annually.
The top 3 receive more than the bottom 9 both actually and collectively.
In order to move your organization into the top three in your donor’s mind you have to be donor centric.
By offering a Donor Advised Fund to your key donors, you can offer them a low maintenance way to manage their philanthropy. In addition, you can be at the center of their philanthropy.
If used properly, sponsoring a Donor Advised Fund can ensure long time support and can offer an entry point to other planned giving transactions, as well as encourage continuing support of family members and a philanthropic legacy from your donors who have adopted you the Donor Advised Fund you sponsor.
If constructed properly, your organization can benefit every time your donor makes a request to fund other charities, and your organization can receive and administrative fee quarterly on the undistributed balances in their funds.
Have you considered sponsoring a Donor Advised Fund?