Twenty years ago this coming June, a nightclub called The Haçienda closed in Manchester, England. For nearly 15 years, but mostly in the mid-to-late ‘80s, the Haçienda was the place to see, be seen, and dance to great music. Madonna took the crowd on holiday and The Smiths showed what a difference it did make in music history. Income from record sales from co-owners New Order helped keep the club afloat during the recessionary years. [Read more…]
The cavalry can be a heroine, a hero, a bunch of dusty dudes on horses, or a squad of geeky introverts, but you only have to look at every movie ever made in Hollywood to know that when help is needed, it will come. [Read more…]
This week we are honored to welcome guest contributor, Ian MacQuillin, founder and director of Rogare, the fundraising think tank at Plymouth University’s Hartsook Centre for Sustainable Philanthropy. As I mentioned a few weeks ago, a serious change threatens to alter the landscape for fundraising and prospect research in the UK. I’m not succumbing to hyperbole when I say that very soon wealth screenings and possibly even prospect research could be greatly curtailed or eliminated altogether. Unless awareness is raised and the momentum shift is altered, the impact on the charity landscape will be devastating. I am grateful that Ian agreed to share not only what’s happening in the UK, but also how these changes could impact us in North America. I hope you will join me in sharing this article socially to help educate our peers. ~Helen
It’s possible that during the course of 2017, using Google to research a potential donor will be declared illegal by Britain’s data protection regulator. [Read more…]
Earlier this week, I was looking at my phone – and at all the apps I have and don’t use – and started thinking about how every person’s app collection looks different based on their individual needs and interests. I wondered how different my screen would look if I were a billionaire. (Hey, a girl can daydream). And so my journey of discovery began.
As I researched, I realized that many of the sites I was idly finding were actually useful for prospect research purposes. Which led me to abandoning my original mild curiosity and heading toward useful employment of my time, which is a good lesson in the power of daydreaming! [Read more…]
Something must be in the air because I’ve had three calls in the last two weeks about training new researchers.
Fundraising intelligence (or prospect development, whatever you want to call it) is one of those professions that you can’t go to college for. There are degree programs in nonprofit management and, frequently, fundraising intelligence is part of the coursework, but there’s not yet a higher ed degree in prospect research, prospect management and data analytics.
So mostly it’s taught by the experienced to the newcomers, and you learn – and get better – by doing. [Read more…]
We’ve been somewhat distracted here in the US with our own looming election, so perhaps we can be forgiven for forgetting that another monumental, electrically charged election nicknamed ‘Brexit’ happened two months ago this week in the United Kingdom. If your nonprofit has constituents in the UK or Europe, this will be much on their minds because it has likely already had a significant impact on their personal finances. Now that the dust has settled a bit, I asked my colleague Marc Whitmore at More Partnership (that’s him in the photo) to give us some insight on what’s happening with Brexit through the philanthropy and fundraising lens. It’s a fascinating read – enjoy! ~Helen
What the hell happened, Britain?
Quite. Well, in May 2015, the UK elected a Government with the manifesto pledge to hold a referendum with a simple question: should the UK remain in or leave the European Union? That referendum took place on 23 June 2016, and 51.9% of those who voted, voted to leave the EU. [Read more…]
As we watch the United Kingdom deal with the aftermath of last month’s vote to leave the European Union, those of us in the philanthropy sector wonder what the loss of EU funding will mean for charities reliant on that funding. I asked Ben Rymer to share his thoughts and research once again here on The Intelligent Edge to help us understand Brexit’s potential impact on philanthropy.
While uncertainty rules the day on Brexit’s effect on philanthropy, four things seem reasonable to expect in the wake of the British public’s vote on June 23rd to leave the European Union.
First, Brexit is likely to be bad news for the British macroeconomy. A weaker sterling (the British pound is so far the worst performing currency in the world in 2016), continuing low productivity (see chart below from the Resolution Foundation) and lower profits (the FTSE 250, consisting of mainly British companies, lost £38bn from June 24th-July 8th) are all notable trends.
This month, the UK-based Charities Aid Foundation (CAF) released their report Charity Street II: The value of charity to British households. Over 2,000 households responded to the survey this past February which was aimed at discovering [Read more…]
It’s here! The 20th anniversary Capgemini World Wealth Report is now available to be downloaded and discussed.
As in previous years, the Report’s high-beam focus has been on global high net worth individuals (HNWIs); their distribution geographically as well as the distribution of their assets, the world markets and how performance has affected portfolios in the past year, and what HNWIs need from their investment managers. [Read more…]
It used to be that it wasn’t all that often that a bombshell like the Panama Papers dropped during your professional lifetime. The practice of accidentally or purposefully sharing sensitive, confidential, or downright incendiary information is becoming lots more commonplace lately.
Meanwhile, there are people and companies and governments struggling worldwide with questions of how to maintain the privacy of individuals’ personal data, and just who should have access to it. There’s the desire by some to be erased entirely from the internet (sorry, but good luck with that). Cross-border information-sharing agreements, like Safe Harbor and its next-gen, the EU-U.S. Privacy Shield, hold little consumer confidence. [Read more…]