All donors are special "customers" is one lesson to take away from the recent donation of $1 million to the Juvenile Diabetes Foundation by a woman who, although giving for some 27 years, never gave a gift of more than $5,000. The donor, upon her death gave the huge gift (huge for sure to the Diabetes Foundation). One lesson: the Foundation never alienated the donor and maybe even acknowledged each gift as special and important.
From the foundation there are lessons about this type of donor as well:
"......65 percent of U.S. households with less than $100,000 annual income gave to charity, too, the foundation says. The millionaire-next-door benefactor comes from those households.
"The ingredients are they are accumulators," Berkowitz said. "They have a passionate interest in the cause. They don't have a need to provide for big families. They're generally not big philanthropists."
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Saturday, February 9
by
mikeb
on Sat 09 Feb 2008 07:00 AM EST
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Thanks Readers!! The number of folks reading this blog has grown steadily. Unfortunetly, this blog host is not able to handle the traffic and I have moved my blog. Please check out (and bookmark) my new location http://www.nonprofitboardcrisis.typepad.com Thanks for helping to make this a success!! My mission: to change the world one nonprofit at a time. I fix broken nonprofits with a focus on resolving nonprofit board/exec relationships. I also help nonprofit boards and staff figure out where they want their organization to be in the future and focus on the four columns of a nonprofit: program, management and operations, governance and sustainability. If you would like to know more about me and my firm, please visit my web site: www.brodyweiserburns.com - Mike Burns
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Thanks Readers!! The number of folks reading this blog has grown steadily. Unfortunetly, this blog host is not able to handle the traffic and I have moved my blog.