Ep 117 |The Great Wealth Transfer: The Big Nonprofit Advantage
06/06/24 • 16 min
1 Listener
Brace yourself for a seismic shift in philanthropy!
We're diving into the $84 trillion Great Generational Wealth Transfer that's set to redefine the nonprofit landscape. This unprecedented transfer of wealth offers a golden opportunity for nonprofits to connect with a new wave of donors and drive significant impact.
Meet the Great Generational Wealth Transfer head-on, fully understanding its implications for your nonprofit:
- Understand the Impact: Get clarity on what this monumental wealth transfer means for the nonprofit sector and how it can transform your organization's future.
- Engage Legacy Donors: Discover effective strategies to connect with potential legacy donors and nurture long-term relationships that can sustain your nonprofit for years to come.
- Connect with Emerging Donors: Learn how to engage millennials and Gen Xers, who are set to inherit the bulk of this wealth, and understand the dynamics of generational giving.
- Ensure Transparency: Explore diverse giving channels and understand the importance of maintaining transparency and accountability to build and retain donor trust.
Join Jena, Education & Community Engagement Manager at Donorbox, as she guides you through this transformative period and equips you with the knowledge and tools to make the most of this extraordinary opportunity.
Dig deeper into Gen Z and their preferences in our last episode 4 Nonprofit Strategies to Engage Gen Z Donors, and in our blog, here:
- Gen Z Donors: How to Reach the Next Generation of Philanthropists
https://donorbox.org/nonprofit-blog/gen-z-donors
What makes Donorbox the Best Nonprofit Fundraising Platform to Achieve Your Strategic Goals?
Easy to customize, available in multiple languages and currencies, and supported by leading payment processors (Stripe and PayPal), Donorbox’s nonprofit fundraising solution is used by 80,000+ global organizations and individuals. From animal rescue to schools, places of worship, and research groups, nonprofits use Donorbox to raise more funds, manage donors efficiently, and make a bigger impact.
Take a tour right now and start fundraising in just 15 minutes: → https://donorbox.org/
The Nonprofit Podcast, and a wealth of nonprofit leadership tutorials, expert advice, tips, and tactics, are available on the Donorbox YouTube channel, subscribe today and never miss an episode:
🖥️The Nonprofit Podcast 🎙️🎙️ - YouTube
The Nonprofit Podcast is available every Thursday on all your favorite podcast platforms, so follow, rate, and download so you never miss an episode:
🎙️ Apple Podcasts: https://podcasts.apple.com/us/podcast/the-important-podcast/id1483848924
🎙️ Spotify: https://open.spotify.com/show/2fj1bk0PHws7kn6CMwzhLQ
🎙️ Buzzsprout: https://thenonprofitpodcast.buzzsprout.com
Tune in now and get ready to elevate
Brace yourself for a seismic shift in philanthropy!
We're diving into the $84 trillion Great Generational Wealth Transfer that's set to redefine the nonprofit landscape. This unprecedented transfer of wealth offers a golden opportunity for nonprofits to connect with a new wave of donors and drive significant impact.
Meet the Great Generational Wealth Transfer head-on, fully understanding its implications for your nonprofit:
- Understand the Impact: Get clarity on what this monumental wealth transfer means for the nonprofit sector and how it can transform your organization's future.
- Engage Legacy Donors: Discover effective strategies to connect with potential legacy donors and nurture long-term relationships that can sustain your nonprofit for years to come.
- Connect with Emerging Donors: Learn how to engage millennials and Gen Xers, who are set to inherit the bulk of this wealth, and understand the dynamics of generational giving.
- Ensure Transparency: Explore diverse giving channels and understand the importance of maintaining transparency and accountability to build and retain donor trust.
Join Jena, Education & Community Engagement Manager at Donorbox, as she guides you through this transformative period and equips you with the knowledge and tools to make the most of this extraordinary opportunity.
Dig deeper into Gen Z and their preferences in our last episode 4 Nonprofit Strategies to Engage Gen Z Donors, and in our blog, here:
- Gen Z Donors: How to Reach the Next Generation of Philanthropists
https://donorbox.org/nonprofit-blog/gen-z-donors
What makes Donorbox the Best Nonprofit Fundraising Platform to Achieve Your Strategic Goals?
Easy to customize, available in multiple languages and currencies, and supported by leading payment processors (Stripe and PayPal), Donorbox’s nonprofit fundraising solution is used by 80,000+ global organizations and individuals. From animal rescue to schools, places of worship, and research groups, nonprofits use Donorbox to raise more funds, manage donors efficiently, and make a bigger impact.
Take a tour right now and start fundraising in just 15 minutes: → https://donorbox.org/
The Nonprofit Podcast, and a wealth of nonprofit leadership tutorials, expert advice, tips, and tactics, are available on the Donorbox YouTube channel, subscribe today and never miss an episode:
🖥️The Nonprofit Podcast 🎙️🎙️ - YouTube
The Nonprofit Podcast is available every Thursday on all your favorite podcast platforms, so follow, rate, and download so you never miss an episode:
🎙️ Apple Podcasts: https://podcasts.apple.com/us/podcast/the-important-podcast/id1483848924
🎙️ Spotify: https://open.spotify.com/show/2fj1bk0PHws7kn6CMwzhLQ
🎙️ Buzzsprout: https://thenonprofitpodcast.buzzsprout.com
Tune in now and get ready to elevate
Previous Episode
Ep 116| 4 Nonprofit Strategies to Engage Gen Z Donors
What Are the Best Multi-Channel Approaches to Engage Gen Z Donors?
Explore strategies for engaging Gen Z donors with Elizabeth Bradley, CEO of ForumOne. Join us as Elizabeth shares her insights on digital communications and nonprofit strategy.
In this episode, we uncover why engaging Gen Z donors is vital for nonprofits and how to effectively tailor your messaging to resonate with different generations.
Armed with these data-driven strategies you will:
- Understand the Data: Utilize existing channels and public data to gain insights into donor behaviors.
- Develop a Multi-Channel Approach: Cater to different generations with varied communication methods.
- Foster Authentic Connections: Build genuine relationships through social impact stories and localized actions aligned to your target audience.
- Embrace Experimentation and Agility: Stay responsive to changing trends and preferences.
Dig deeper into Gen Z and their preferences here:
- Gen Z Donors: How to Reach the Next Generation of Philanthropists
https://donorbox.org/nonprofit-blog/gen-z-donors
What makes Donorbox the Best Nonprofit Fundraising Platform to Achieve Your Strategic Goals?
Easy to customize, available in multiple languages and currencies, and supported by leading payment processors (Stripe and PayPal), Donorbox’s nonprofit fundraising solution is used by 80,000+ global organizations and individuals. From animal rescue to schools, places of worship, and research groups, nonprofits use Donorbox to raise more funds, manage donors efficiently, and make a bigger impact.
Take a tour right now and start fundraising in just 15 minutes: → https://donorbox.org/
The Nonprofit Podcast, and a wealth of nonprofit leadership tutorials, expert advice, tips, and tactics, are available on the Donorbox YouTube channel, subscribe today and never miss an episode:
🖥️The Nonprofit Podcast 🎙️🎙️ - YouTube
The Nonprofit Podcast is available every Thursday on all your favorite podcast platforms, so follow, rate, and download so you never miss an episode:
🎙️ Apple Podcasts: https://podcasts.apple.com/us/podcast/the-important-podcast/id1483848924
🎙️ Spotify: https://open.spotify.com/show/2fj1bk0PHws7kn6CMwzhLQ
🎙️ Buzzsprout: https://thenonprofitpodcast.buzzsprout.com
Next Episode
Ep 118| Beyond Donations: Why Strategic Fundraising Plans Matter
Unlock the power of strategic fundraising to transform your nonprofit’s mission!
Say goodbye to guesswork and hello to educated decisions that drive results. Discover how to keep your primary goal focused and elevate your fundraising game as Cara unpacks the strategic benefits of a well-crafted fundraising strategy with John DeLange and Evan Cox, founders of The Strategic Fundraising Plan.
Get ready to unlock growth as they share their expertise on:
- Clear messaging, insightful data, and thoughtful planning can transform your efforts.
- Making supporters feel valued while avoiding donor fatigue.
- Balancing professional goals with personal connections
A strategic fundraising plan helps your organization raise more and frees up your staff and board's time and talent, allowing you to double down on your mission and build deeper connections with your donors.
We have downloadable resources from The Strategic Plan to help you see a return on your marketing efforts: https://evancoxconsulting.com/resources/
Plus a comprehensive step-by-step guide from our Nonprofit Blog:
- How to Create a Strategic Fundraising Plan for Nonprofits: https://donorbox.org/nonprofit-blog/strategic-fundraising-plan
From design to data and managing donor fatigue, Cara, Evan, and Jon have an answer for your nonprofit's strategic fundraising. Join us and grow!
What makes Donorbox the Best Nonprofit Fundraising Platform to Achieve Your Strategic Goals?
Easy to customize, available in multiple languages and currencies, and supported by leading payment processors (Stripe and PayPal), Donorbox’s nonprofit fundraising solution is used by 80,000+ global organizations and individuals. From animal rescue to schools, places of worship, and research groups, nonprofits use Donorbox to raise more funds, manage donors efficiently, and make a bigger impact.
Take a tour right now and start fundraising in just 15 minutes: → https://donorbox.org/
The Nonprofit Podcast, and a wealth of nonprofit leadership tutorials, expert advice, tips, and tactics, are available on the Donorbox YouTube channel, subscribe today and never miss an episode:
🖥️The Nonprofit Podcast 🎙️🎙️ - YouTube
The Nonprofit Podcast is available every Thursday on all your favorite podcast platforms, so follow, rate, and download so you never miss an episode:
🎙️ Apple Podcasts: https://podcasts.apple.com/us/podcast/the-important-podcast/id1483848924
🎙️ Spotify: https://open.spotify.com/show/2fj1bk0PHws7kn6CMwzhLQ
🎙️ Buzzsprout: https://thenonprofitpodcast.buzzsprout.com
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/the-nonprofit-podcast-277760/ep-117-the-great-wealth-transfer-the-big-nonprofit-advantage-53488079"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to ep 117 |the great wealth transfer: the big nonprofit advantage on goodpods" style="width: 225px" /> </a>
Copy