Use Case
Only 2% of nonprofits have budgets of $10 mm or more. Few have endowments. Few have Planned Giving Officers. Few if any can afford a full-time CAP. Fewer yet can afford to wait a decade for "expectancies" to mature. Still, these vital organizations can catch the legacy wealth wave, if certain conditions are met.
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Board and Senior Leaders buy in.
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The organization has at least a few high-capacity, legacy-age donors who consider the nonprofit essential to their identity and community.
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A Platform Partner provides needed infrastructure.
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Advisors are trained and motivated to collaborate.
The Realities of Wealth
The Few who Can Do so Much.
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$84 trillion over the next two decades will pass from Boomers to heirs and nonprofits.
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.05% of donors give 55% of all donated funds.
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Legacy dollars go disproportionately to Colleges, Universities, and Hospitals.
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Donors’ hearts, minds, and souls are often deeply engaged in their local, community-based organizations.
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Big donors would give big, endowed gifts to local, community-based organizations if they knew they could.
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Our Legacies and The Fate of Our Communities
With the help of legacy-trained advisors and a Platform Partner, even small to mid-sized community-based nonprofits can compete and win in competition with billion-dollar endowed institutions.
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The legitimacy of nonprofits and the resilience of our communities depend on a broad base of public participation.
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To build the infrastructure needed for the many to leave a meaningful legacy, the few must step up to the plate to fund the needed infrastructure.
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Home-run legacy decisions are never made without the assistance of qualified advisors. They can be enlisted as volunteers.
The Role of the Platform Organization
Often, it is a Community Foundation or Faith Community Foundation. It may also be a National Platform Provider, Advisory Firm, or Consultant.
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Convene the players and provide needed education, motivation, and leadership.
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Bring into the mix the nonprofits that serve as Values Guardians and Service Providers to the community in which the donor is embedded.
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Bring qualified advisors and consultants into the mix so families receive the best possible advice.
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Provide access to charitable tools including Endowments, Area of Interest Funds, Donor Advised Funds, Supporting Organizations, and Giving Circles.
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Connect legacy planning to values grounded in community, identity, and tradition.
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Program Creator
Happy to brainstorm with you about how this may work for you and your constituents.