Dear
Friend,
Oil has hit $100 a barrel and the stock market seems to be heading deeper into
negative territory every session. What does this mean for giving in 2008? Some
say it will go down if the economy continues to lose its footing. Others
are neutral. I think giving will remain on the 2006-2007 level and not
recede. I say this for several reasons. First, givers (particularly
large givers) do not give for economic reasons. They give because they
want to make the world a better place in which all of us can live. Second,
the real money out there is still mostly there. If non-profits stick to
their message and work their prospects with more vigor and professional loving
care the money will continue to flow in 2008.
For a more in-depth look at this issue, I refer you to an excellent article
in Advancing Philanthropy (January / February, 2008 p.20 by Paul Lagasse). In
that same issue is an equally excellent article by Mary Ellen Collins (p. 27).
Sincerely,
Douglas M. Lawson, Ph.D.
_____________________________________
Did you know?
KATRINA VOLUNTEERS STAYING IN GULF COAST
Since Katrina, more than 1 million volunteers have gone to the Gulf Coast. Many
have given up holidays and vacations to give their time and energy to
others. Many have left their permanent homes and stayed to help
rebuild. The exact number of long-term volunteers is not known but
their effect on the rebuilding is not. They are making a big difference
in the lives of others but also in their lives as well as they "change
their lives of success to lives of significance".
USA Today, January 15, 2008, p. 10
OLDEST BIG SISTER (99) LIVES IN DALLAS
Iva Broadus at 99 is
the oldest Big Sister in the Big Brothers Big Sisters Program of America. She
mentors a 10 year old named DeAngela Williams in Dallas, Texas. We
congratulate Iva and are proud to say that she is a mentor in Big Brothers
Big Sisters of North Texas, which is a client of Lawson Associates. We
encourage others to follow Iva's lead toward a happier life as a senior
citizen.
Dallas Morning News, January 13, 2008, p. 1B
CONGRESS HINTING AT NEW FUNDRAISING CURBS Two congressional committees
are taking a close look at fundraising costs and marketing deals between
non-profits and businesses. Overhead costs and sweet deals are getting
scrutiny from two committees: House Oversight and Government Reform
Committee and the Senate Banking, Housing and Urban Affairs Committee. These
are in addition to the interest in fighting abuses by the Senate Finance
Committee. This look by congress at fundraising is welcomed, we
only hope it goes far enough, but not too far.
The Chronicle
of Philanthropy, January 10, 2008, p. 18
PUBLIC RESEARCH UNIVERSITIES FIGHT BACK HARVARD Harvard University's
President Drew Gilpin Faust's suggestion that lesser - endowed universities
back off from scientific research and concentrate on social science and
the humanities has met with a loud rejection from 11 public research
universities including the University of Michigan and Pennsylvania State
University. Public Universities have been under extreme financial
decreases from the states but they have maintained their excellence in
the world of scientific research. The 11 public universities are
responsible for $4.5 billion worth of research each year. Harvard
cannot and does not have the capability of matching this.
Business
Week, January 14, 2008, p. 75
USA Today, January 23, 2008, p. 13H
TEN INSPIRATIONAL PHILANTHROPISTS Ten individuals, from Caroline
Kennedy to Gladys Knight, have been picked by AARP Magazine as the ten "go-getters" who
are using their passion for action to make the world a better place. Kennedy's
passion is raising money (tens of millions) to improve New York's public
schools. Knight's passion is to show others how to prevent diabetes
and live a healthy life. From helping Iraqi children to promoting
affordable housing, the other eight have passion for helping others which
is what philanthropy is all about.
AARP Magazine, January & February,
2008, p. 37
GOOGLE'S CORPORATE FOUNDATION BECOMES THE LARGEST With assets
now of $2 billion, Google's corporate foundation has become the largest
corporate
foundation in America surpassing Wells Fargo, Alcoa, Verizon and
Fidelity. But of potentially even more importance is Google's new
ventures into a large philanthropic effort that erases the usual boundaries
between the profit and non-profit worlds. Some of these new endeavors
include efforts to create systems that will predict and help prevent
disease pandemics, to empower poor people with public service information,
and to create jobs by having Google invest in small and mid-size business
ventures in developing countries.
Wall Street Journal,
January 18, 2008, p. B1
New York Times, January 18, 2008, p.
C1
SAVING THE WORLD BY STAYING HOME In an era of global warming warnings,
some individuals are advocating stay-at-home vacations in order to promote
a carbon-offset program that uses less jet fuel and gasoline. Groups
like Global Cool are asking if we really need that vacation abroad
and business executives are questioning whether we should continue
business meetings face to face in other cities. This is a unique
call to action. We will follow where it goes.
Wall Street
Journal, January 18, 2008, p. W3
A MIND IS A TERRIBLE THING TO WASTE Thirty-five years after first
using this slogan, the United Negro College Fund is re-branding its name
as UNCF with the slogan as an add-on. We wish them well in this
undertaking as UNCF continues as the largest minority scholarship program
in the U.S. Last year, UNCF raised $195 million from more than 300,000
donors. We hope the new name branding and slogan will help them
raise even more this year.
New York Times, January 17, 2008,
p. C5
AN ANONYMOUS GIFT IS A HARD SECRET TO KEEP Last year more
philanthropists made anonymous gifts of $5 million or more than in any
other year in
recent history (37 in 2007; 27 in 2006; and 13 in 2004). Many givers
consider anonymous gifts more sincere. They also consider their
own safety from the publicity of a large gift and some fear more fund
raising pitches once their gift is known. Regardless of how much
the donor and the recipient wish to keep the gift a secret, it often
is accidentally exposed. Some states are passing laws to protect
donor privacy. This will be interesting to watch in the months ahead.
Wall Street Journal, January 9, 2008, p. D1
DESIGNATED GIFTS CAN HURT A CHARITY Just ask the
American Red Cross who announced that a $200 million deficit would force
it to make
deep
staff cuts. With billions raised after 9/11 and Katrina, the American
Red Cross is perhaps the last non-profit you would expect to run a deficit. However,
since donors insisted that most all the money should be spent on 9/11
and Katrina only, the Red Cross was not left with enough money to run
itself. The Red Cross' Donor Direct program (which spends donor
designated funds only where the donor expects) is a good idea, but it
just does not supply a financial answer to other needs that must be met. There
is no easy answer to this problem, but in our opinion the Red Cross must
find new and creative ways to raise money beyond the big disaster appeals,
which are so successful.
New York Times, January 10, 2008,
p. 3
CHARITABLE CONTRIBUTION EARN A ROUND WITH WOODS How can you get
to play a round of gold with Tiger Woods? It's easy. Just make
a contribution between $40,000 and $660,000. Three Network Appliance
executives made the $660,000 contribution and got to play a round with
Woods at his home course near Orlando with Warren Buffett serving as
caddy. What a great way to put the fun into fundraising.
USA
Today, January 25, 2008, p. 1B
ELITE PREP SCHOOLS ASKED TO FOLLOW HARVARD'S LEAD Many prep schools
with large endowments such as Phillips Exeter Academy ($1 billion); Deerfield
Academy ($386 million); and the Groton School ($293.7 million) are being
asked to follow the Harvard and Yale lead toward making education affordable
for middle class families by dipping into their large endowments for
funds. To fill the endowment coffers back, alumni of the schools
are being asked to give more to the endowments. This is an interesting
idea we need follow.
New York Times, January 26, 2008, p.
A1
BILL GATES CALLS FOR KINDER CAPITALISM In a recent
speech at the World Economic Forum in Davos, Switzerland, Bill Gates
(the richest man
in
the U.S. and a competitive capitalist) called for a revision of capitalism
to a "creative capitalism" that uses market forces to address
poor countries needs. His plan among other things calls for the
creation of businesses that focus on building products and services for
the poor. What a beautiful idea. We hope he and his wife Melinda
succeed in this effort.
Wall Street Journal, January 24, 2008,
p. 1
DALLAS PERFORMING ARTS CENTER GOES OVER THE TOP Nancy
Hamon (one of Dallas' premier philanthropists) has given $10 million
to the Dallas
Center for the Performing Arts; putting the fundraising campaign $2 million
over its goal of $275 million. Ms. Hamon (who is 89) spends each
year half in San Francisco (where she is also a major donor) and half in
Dallas. Many others including Margot and Bill Winspear have given
millions to this endeavor, but it took Nancy Hamon to put it over the
top.
Dallas Morning News, January 22, 2008, p. 1
CHRONICLE ANNOUNCES 50 TOP DONORS OF 2007- - According to the Chronicle
of Philanthropy, the 50 top donors of 2007 committed $7.3 billion to
charity in 2007. Twenty made gifts of $100 million or more, just
one shy of the 21 who each gave $100 million or more in 2006. The donor
giving the most was William Barron Hilton ($1.2 billion). Others
include Michael R. Bloomberg, the Mayor of New York ($205 million); and
T. Boone Pickens of Dallas ($200.8 million), both of whom have made the
list three other times. Those making the list seven other times
include Eli and Edythe L. Broad; Peter B. Lewis; and Larry I. Lokey.
The Chronicle of Philanthropy, January 24, 2008, p. 6
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