In 1790,Benjamin Franklin bequest Philadelphia and Boston 2,000 sterling,which is equivalent to $3,219,with the condition that the money could not be touched until at least 100 years later. Today,Benjamin Franklin’s bequest is worth approximately $6.5 million dollars. What a legacy! Creating trust,investing endowments in securities,mutual [...] Relying too heavily on a single source of fundraising or the contributions of only a few funders is one of the dangers that organizations face when seeking funds. Certainly the current economic situation has pointed out the need for a wide base of support,one that includes funders from different sources. There are six [...] Giving contests are becoming an increasingly common tool for cities and regions to boost donations to nonprofits. A recent report titled How Giving Contests can Strengthen Nonprofits and Communities suggests that “giving days“— one-day online fund-raising events that use widespread community promotion to prompt donors to donate to a range of causes— help nonprofits [...] | |
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