MANAGING GENEROSITY: When Donors Feel It’s Time for a Giving Audit

by Eddie Thompson | Jun 13, 2022 | Charitable Estate Planning, Donor Communications

Tevye, the blacksmith in Fiddler on the Roof, dreamed about being a wealthy man. “Oh, Lord, you made many, many poor people. I realize, of course, it’s no shame to be poor, But it’s no great honor either! So, what would have been so terrible if I had...

WIN-WIN PARTNERSHIPS: Empowering Donors to Give Generously Amid Historic Inflation

by Eddie Thompson | Apr 19, 2022 | Charitable Estate Planning

In last month’s post, I dived into the economic factors that have contributed to the highest annual inflation rate in the last 40 years. Inflation is caused by a number of outside factors, many of which hinder the Federal Reserve’s ability to combat...

HISTORIC INFLATION: Strategies That Can Become a Bonanza for Nonprofits

by Eddie Thompson | Mar 28, 2022 | Charitable Estate Planning

The data from the Consumer Price Index (CPI) confirms what we are all feeling—that the cost of food, goods, and services are currently rising at 7.5%. That’s only a one-month snapshot for January 2022, but that is consistent with a 10-month trend. The latest numbers...

SOCIAL CAPITAL: Investing in Federal Programs or Self-directed Philanthropy?

by Eddie Thompson | Apr 26, 2021 | Charitable Estate Planning, Donor Communications

After meeting with thousands of selected donors over the last 40 years and listening carefully to their desires and concerns for the succeeding generation, I pose three basic questions. These three basic questions have led to a significant philanthropic impact. In the...

STRATEGIC PHILANTHROPY: Thinking Big in Light of Biden’s Proposed Tax Plan

by Eddie Thompson | Mar 12, 2021 | Charitable Estate Planning, Development Management

Last month’s post about the Biden Tax Plan painted a bleak picture for fundraisers and nonprofit leaders. While there are certain to be numerous negative tax implications for the wealthy under the Biden Administration (see The Biden Tax Plan), the other side of the...

THE BIDEN TAX PLAN: Nonprofits That Are Best Prepared to Succeed

by Eddie Thompson | Feb 15, 2021 | Charitable Estate Planning, Development Management

There has always been a balance between government’s responsibility to provide a safety net and the mandatory redistribution of personal and corporate wealth by means of taxation. On the one hand, no one wants to return to the harsh and heartless days of Victorian...