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Thursday, May 29, 2014

$59 trillion transfer

$59 trillion to go to heirs, charity by 2061

The greatest wealth transfer in history is underway, according to a new report.
A study from the Boston College Center on Wealth and Philanthropy projects that $59 trillion is expected to be passed down to heirs, charities and taxes between 2007 and 2061.
Deborah Harrison | Photographer's Choice | Getty Images
The study said heirs will receive $36 trillion over that period, while federal estate taxes will receive $5.6 trillion.
Total gifts to charity during the period of the study are expected to be more than $27 trillion, which includes sums from final estates (with no surviving spouse) as well as total lifetime giving.
The study assumes economic growth rates of 2 percent and the extension of current tax provisions. If the economy grows at 3 percent a year, charitable giving could reach $40 trillion, according to the study.
Full post - click here
The full study - Click here

Friday, May 23, 2014

Father Fred Foundation/Art Van Furniture Challenge

Help us win $75,000 from the Art Van Charity Challenge.
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News from The Father Fred Foundation

We're Out to Get $75,000 for Our Cause


Dear Friend,

We're very excited to let you know that The Father Fred Foundation has been selected to be part of the Art Van Million Dollar Charity Challenge. Art Van Furniture is challenging several charities to raise as much money as possible, and is giving the organization that raises the most a $75,000 donation to add to their cause.

Father Fred is raising money specifically for our housing assistance program. Keeping a roof over one's head is one of life's basic human needs and whenever we can, we try to help families stay in their homes or help them obtain affordable housing -- keeping them from falling through the cracks.

We need your help.
There are 54 other charities vying for these prizes (though we're the only one in northern Michigan)... We think we can win and to do so, we definitely need your help. Here's how:
  1. DONATE NOW either in addition to or in lieu of what you typically donate each year.
     
  2. CONDUCT YOUR OWN FUNDRAISER via CrowdRise and get your company, family, circle of friends, etc. involved in helping you raise money on behalf of Father Fred. Simply click on the "Fundraise for this campaign" link.
     
  3. HELP SPREAD THE WORD to your many circles. Help us go really viral with our need (housing assistance) and the Art Van Challenge. Free money is at stake. Lots of it. Email is the best route but social media works too.
We'll be sending emails throughout the Challenge asking for your help (there's a new challenge each week that could land us additional money from Art Van), so please pardon the repetitiveness. But every donation makes a difference, no matter how small.

Thanks so much for your support.


Rosemary Hagan
Executive Director
The Father Fred Foundation

Nonprofit impact on economy

From Public Sectors Consultants via NorthSky Nonprofite Network, May 23, 2014

Features


Michigan nonprofits make big impact on state's economy

For nearly two decades, PSC has been tracking and detailing the effects of the nonprofit sector on the economy and life of Michigan. In May, PSC will release its latest update. 

Rob Collier, president and CEO of the Council of Michigan Foundations

While all the details have to wait until then, the new report will track with previous versions that have shown nonprofits:
  • Spend billions of dollars in Michigan each year.
  • Are economic anchors in practically every Michigan community.
  • Range in size from tiny fraternal lodges to huge hospital systems to three of the world’s largest private foundations.
“As PSC’s work has shown again and again in recent years, Michigan’s nonprofit sector is a major contributor to the state’s economy and its quality of life,” says Rob Collier, president and CEO of the Council of Michigan Foundations. “The investments our members make in communities large and small across the state bring real-life results to residents.”

Jeff Williams, the CEO of PSC who has been involved with every nonprofit sector review, adds, “It never ceases to impress me how important the nonprofit sector is to daily life in Michigan. We are proud to be the council’s partner in continuing to share this message with the general public and decision-makers.

“At PSC, we always are excited to find avenues to advance the quality of and discussion over public policy in Michigan, and beyond. Maximizing the contributions of nonprofits in our communities is just one facet of the broad issue of community investment.”

Economic Benefits of Michigan’s Nonprofit Sector 2012

Thursday, May 22, 2014

Planned Giving Fundraisers MUST Stop Living On The Tip Of The Iceberg

From Greg Warner Marketing Planned Giving blog ...

In Fraser Green’s book titled Iceberg Philanthropy he points out how planned giving fundraisers get tricked into thinking that what they see (the tip of the iceberg) is what truly exists.

IcebergHere’s what I mean:

1. Most organizations’ planned giving staff will not see (and/or cultivate relationships with) the entire group of people capable of making a legacy gift. That includes their entire database plus anyone else that might support their mission. Rather, most PG Officers are probably only seriously talking to way less than 300 people each year.

2. Those 300 people usually have special circumstances that require the PG Officers’ expertise. But everyone else does not. This is why so many gifts drop in unexpectedly. Face it, the vast majority of your planned gifts will come from people who never involved your organization’s staff in the decision-making process.

3. So, if most planned giving fundraisers only see the 300 that need help, then they are only seeing the tip of the iceberg. And that group is NOT analogous with the other 90% of your bequest donors.

If you want to attain more legacy gifts, stop living on the tip of the iceberg. Look for the commonalities in the 90% instead. Then find ways to satisfy their needs. That usually means you should market simple bequests, bequests, bequests.

LIKE THIS BLOG POST?  PLEASE SHARE IT AND/OR SUBSCRIBE

Greg Warner 
Click for for more information by  Greg Warner

Thursday, May 15, 2014

Regional Giving

Taking data from USA giving on the Chronicle for Philanthropy, here is the regional giving overview. Do note that it is compared to discretionary income and not total income. Click here

Grand Traverse Regional Giving
Chronicle of Philanthropy datasets
County Total Median Median Percent of
Giving Discretionary Contribution Income given
Income
Antrim  $  6,300,000.00  $      52,396.00  $      2,382.00 4.5%
Benzie  $  3,900,000.00  $      51,298.00  $      2,309.00 4.5%
Grand Traverse  $ 37,800,000.00  $      53,216.00  $      2,197.00 4.1%
Kalkaska  $  3,100,000.00  $      49,100.00  $      1,768.00 3.6%
Leelanau  $  9,200,000.00  $      60,510.00  $      3,194.00 5.3%
total region  $ 60,300,000.00  $      53,304.00  $      2,370.00 4.4%
Michigan 3,800,000,000.00  $      52,396.00  $      2,382.00 4.5%
USA 135,800,000,000.00  $      54,783.00  $      2,564.00 4.7%

Friday, May 9, 2014

From the TC Ticker ...

Conquer The Village Returns

May 9, 2014
Conquer The Village Returns
The 2nd annual Conquer the Village Mountain Bike Race to raise money for the Preserve Hickory Hills nonprofit organization will be held Sat., May 24, at the Grand Traverse Commons. The multi-lap, short loop race starts on the trails outside Left Foot Charley at 9 a.m. Race categories range from beginner to expert and also include a kid's event.
Last year the race raised about $3,500 for the nonprofit and the group is targeting 400 racers this year. Learn more here.

Monday, May 5, 2014

New director, exhibits coming to Children's Museum

Traverse City Record-Eagle

May 5, 2014

New director, exhibits coming to Children's Museum

BY SARAH ELMS selms@record-eagle.com
Traverse City Record-Eagle

---- — TRAVERSE CITY — The Great Lakes Children’s Museum hired a new executive director to replace John Noonan, who resigned in January after leading the museum for 11 years.

Michael Long takes the reins at the museum on May 8.

Long recently left his executive director position at Jefferson County Administrators Association in Colorado, a professional membership association for leaders in Jefferson County Public Schools.

Long helped found the Northwoods Children’s Museum in Wisconsin where he served as its executive director for eight years before his move to Colorado.

Great Lakes Children’s Museum Board of Directors president Matt Missias said Long is the “absolute right fit for the position.” His museum experience and education background set him apart from the other 24 applicants.

“Not only could he run a museum, not only could he do the job that needed to be done, but he also had the perspective of how to reach our target demographic of children,” Missias said.

Board members interviewed 10 candidates and narrowed the pool to three top candidates before they made their decision. Missias said Long has a strong vision of how he wants to see the museum grow and supports the team atmosphere board members were looking for.

“I don’t know how else to put it. He gets it,” Missias said. “He understands how to run and grow an organization like ours.”

Long said children’s museums give kids the chance to understand their environment in a fun way, and he’s looking forward to figuring out what makes Traverse City tick.

“I’m interested in finding out what’s unique about Traverse City and what kids need to learn to understand the world around them,” he said.

His goal is to make sure that whatever exhibits or events the museum hosts continue to be relevant and engaging for adults and kids, he said. The museum is geared toward children ages 2 to 6, and Long wants to gradually expand that range to include children up to 10 years old.

Hiring a new executive director is one of many changes planned for the museum in the coming months. Three new water-themed exhibits are in the works.

“It’s time to start looking at ways to refresh the space and give kids and families new things to play with,” Missias said.

The first is called Building Bridges and will include a bridge that children can build themselves and walk across as well as a suspension bridge modeled after the Mackinac Bridge. The second new exhibit will focus on sail boats.

“We’re putting in a sail table with different model boats so kids can attach different size sails to the boats and see how they can be manipulated by the wind,” Missias said.

Guardians of the Great Lakes is the third and largest of the new exhibits. It will include information about the Coast Guard and Traverse City and will feature a model helicopter with authentic sounds and lights that children can play in. It also will include a wave tank to teach children about how waves affect the environment.

“What we’re looking at is how the geography of the region is protected and served by organizations like the Coast Guard,” Missias said.


Museum officials hope to have the first phase of Building Bridges installed in the next few weeks and the sail table set up during the summer. Guardians of the Great Lakes could be ready to go as early as September or as late as March 2015, depending on the designer chosen for the build.

Father Fred Fundraiser

From the Grand Traverse Insider | 5 May 2014  ...

Father Fred Spring Garage Sale fundraiser

TRAVERSE CITY – The Father Fred Foundation will be hosting its annual Spring Garage Sale fundraiser on Saturday, May 10 at the Father Fred Foundation from 9 a.m. to 4 p.m. Thousands of items will be for sale at bargain prices, including furniture, antiques and collectibles, toys, household goods, clothing, jewelry, sporting goods and more.

Click here - Father Fred Fundraiser - more information.

Special Delivery

From the Grand Traverse Insider, 4 May 2014
Grand Traverse Insider > News

Postal workers collect food donations for local pantries

REGION – Post offices in Benzie County and throughout the area will participate in a national food drive this month to help re-stock several area food pantries.

On May 10, the 22nd Annual National Association of Letter Carriers Food Drive will be held, sponsored by the National Association of Letter Carriers, in cooperation with the U.S. Postal Service, National Rural Carriers Association, the AFL-CIO, United Way of America and local anti-hunger agencies nationwide, such as Michigan’s Northwest Food Coalition.

In Benzie, area letter carriers will pick up donations of non-perishable food items left out at mailboxes across the county. Donations picked up will benefit the Benzie County Food Partners, Lake Ann Food Pantry, Fresh Wind Christian Community Food Pantry and Unveiling Truth food pantries.

Read more - Click here 

Reminder

Have you talked to a donor today about how their donation was used?

Leelanau Conservancy Director Departing

From the TC Ticker, 5 May 2014

Leelanau Conservancy Director Departing

May 5, 2014
Leelanau Conservancy Director Departing
Brian Price, the only executive director the Leelanau Conservancy has ever known, will step down by early next year. Price was first hired on a part-time basis in 1988.
Price tells The Ticker the organization's board of directors has had a transition committee in place for a couple of years in preparation for his retirement. He says the board will conduct a search this summer and hopes to have a new executive director installed by the end of the year.
"By the beginning of next year, if all goes well, I'll step away," he says.
While Price says he always believed in the group's mission of conserving the land, water and scenic character of Leelanau County, he couldn't have imagined the scope of its impact.
"I always thought that if we harnessed all the goodwill and the feelings people have for the beauty of this region that people would respond," he says. "But I never thought this organization would be so successful or grow to what it is today," citing his staff of 12.
"We should be proudest that we had our hand in changing the underlying tone … that people don't have to be resigned to a loss of a community's character [ as it grows and changes]. And that's true across the region."
The Ticker spoke with Price about the Conservancy's 25th anniversary last summer. Read what he had to say about those early days on the job, his most cherished projects, as well as the organization's biggest challenge in his 26-year tenure.

Power of the Purse Fundraiser - May 10

From the TC Ticker... 5 May 2014 ...

Power of the Purse Fundraiser - May 10
Put the POWER in EmPOWERment! You can help local women and children staying at the Goodwill Inn get the resources they need to succeed. Join your local Goodwill for a Mother's Day weekend brunch on May 10 at the City Opera House (10am-12pm). Use the POWER of what's in your purse to emPOWER neighbors in need! Tickets only $40; doors open at 9:30am. details

Friday, May 2, 2014

Estate and Gift Planning, Tip # 9

Check out "The Ultimate Quick Reference Planned Giving Pocket Guide" by PlannedGiving.com .

It is the best overview guide with "elevator pitches" included.  They have variations on this guide for volunteers, board members, and professional advisers.

A nice tool to give every gift planner you know!

I do also like their "When, how, and why to plan a gift." one page chart on the major gift strategies.

Again this is a tool.  Tools have to fit donors needs and goals. Not the other way around.

Estate and Gift Planning, Tip #8

I am continually amazed at the number of small business owners have NOT done succession planning or implementing a succession plan to their children to take over the business.

Ask every business owner you know if they have children in the business if they have done succession planning.

Tell them about how a Charitable Lead Trust as a possible way their favorite charity might be able to help them do this.

Most states have a will laid out in law about how estate are handled.  Make them aware of how an intestate estate works in your area.

Here is what Michigan has in mind for your estate if you do not have a will or a trust. http://1.usa.gov/PXnVPh

Library Book Sale

Library Book Sale Tomorrow

May 2, 2014
Library Book Sale Tomorrow
Friends of the Traverse Area District Library will hold a Spring Cleaning Used Book Sale on Sat., May 3, starting at 9 a.m. and running until 4 p.m. Prices range from $1 to $3 for most hardcover books with a broad category of scare and collectible books, including some from the 19th and early 20th centuries. There is also a collection of first editions, signed books and advanced reader copies as well as children's books, DVDs and CDs. All proceeds from the sale benefit TADL programs.
Source: TC Ticker, 2 May, 2014, Permalink

Munson Cancer Center Underway

Munson Cancer Center Underway

May 2, 2014
Munson Cancer Center Underway
Munson officials and employees lifted the ceremonial shovels yesterday to mark the groundbreaking for the new Cowell Family Cancer Center located on the Munson Medical Center campus in Traverse City. Officials announced that $17.3 million in donations has been secured, led by a $5 million dollar gift from TC resident Casey Cowell.
Cowell is a Detroit native. He co-founded U.S. Robotics in 1976 and served as CEO before the company merged with 3Com in 1997.
Construction of the $45 million, 86,000 square-foot facility is expected to take nearly two years to complete.

Source: TC Ticker, 2 May 2014, Permalink

Thursday, May 1, 2014

New Exec at Children's Museum

From TC Ticker ....

Children's Museum Names New Director

April 30, 2014
Children's Museum Names New Director
Michael Long has been named the new executive director of the Great Lakes Children's Museum in Traverse City. He replaces John Noonan, who left the organization in January. Most recently, Long was the executive director for five years of The Jefferson County Administrators Association in Colorado, a professional membership association serving leaders in the Jefferson County Public Schools. Prior to that he was the executive director of the Northwoods Children's Museum in Wisconsin for eight years.
The museum leadership also recently announced some new exhibits planned at the museum over the next several months. They include model boats to help kids learn about sails and wind power for watercraft, a new bridge exhibit that includes a miniature suspension bridge modeled after the Mighty Mac and a Guardians of the Great Lakes exhibit that will highlight Traverse City's designation as a Coast Guard City.