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Welcome, |
eNewsletter
| July 2005 |
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Welcome to the
tenth issue of
the Planned Giving Pulse. This
month's issue has two sponsors:
Legacy Leaders, a planned giving
firm with offices in
Philadelphia and Toronto, and Linran Publications, publishers
of fundraising/non-profit book
summaries
www.linran.net. We thank them for
their support and invite other
interested sponsors to contact
the Editor at
editor@plannedgivingpulse.com.
Staying on top of current trends
and challenges is important to
us, so we frequently feature
guest authors. In addition,
anyone interested in serving as
a member of the Editorial Board
is invited to contact the
Editor.
" If you haven't got any
charity in your heart, you
have the worst kind of heart
trouble."
Hope, Bob
American comedian and film
actor (1903-2003)
Suggestions for future story
topics are always welcome. We
hope you enjoy this issue.
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Leanne Hitchcock
Editor
Planned Giving Pulse |
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July
Editorial |
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London:
On July
7 the
world
reacted
in
horror
as news
of four
simultaneous
bomb
blasts
in
London
reached
us.
Detonated
at the
height
of
morning
rush
hour,
three of
the
bombs
were on
trains
in the
London
subway
system
and one
was
placed
on a
double
decker
bus.
More
than 50
people
are
believed
dead and
at the
time of
this
writing,
rescuers
were
still
searching
for more
people.
Toronto:
Today as
I sat
eating
an ice
cream
cone at
the
local
suburban
mall, a
security
officer
approached
me and
said, Be
careful.
There
are
people
stealing
over
there.”
I looked
over my
shoulder,
expecting
to see
someone
purse
snatching,
to see
several
masked
men,
brandishing
guns
inside a
jewelry
store.
After
quickly
getting
up, I
moved
away
from the
direct
line of
sight
and hid
behind
some
plants
from a
safe
vantage
point as
another
shopper
called
911.
This
occurred
at 1 pm
in a
busy
shopping
mall
full of
people,
including
children. |
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To read
more
about,
click
here. |
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To visit our website, click on
the Linran logo
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Great Cities:
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Stimulating
Planned
Gifts in
Yours |
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Great
cities
are
built on
philanthropy.
And not
just
gifts
for
today:
planned
gifts.
As gift
planners,
by
instilling
pride in
your
city
through
the
development
and
promotion
of the
arts,
sport,
and
cultural
activities
you can
encourage
citizens
to make
legacy
gifts.
In the
spring
issue of
The
Wilson
Quarterly,
produced
by the
Woodrow
Wilson
International
Center
for
Scholars,
Joel
Kotkin
writes,
“Cities
are
humanity’s
greatest
creation.
They
represent
the
ultimate
handiwork
of our
imagination
as a
species
and
testify
to our
ability
to
reshape
the
natural
environment
in
profound
and
lasting
ways.
Cities
compress
and
unleash
the
creative
urges of
humanity.
They are
the
places
that,
over the
course
of five
to seven
millennia,
have
generated
most of
our art,
religion,
culture,
commerce
and
technology.”
Kotkin
hypothesizes
that
there
are
three
critical
factors
which
make a
city
great:
the
sacredness
of the
place,
the
ability
to offer
security/project
power
and the
stimulating
role of
commerce.
He
believes
that
when
these
factors
are
present
urban
culture
flourishes;
when
they
weaken,
cities
decline. |
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To read
more
about
great
cities,
click
here. |
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Giving USA
Report: |
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2004 In
Review;
Includes
First
Survey
on
Deferred
Gifts |
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The
Giving
USA
Foundation
recently
announced
that
charitable
giving
in the
U.S.
reached
new
heights
of
$248.52
billion
dollars
for
2004.
This
year’s
Giving
USA
report
is the
50th
edition.
Of note,
donations
to
Tsunami
relief
for the
December
26
disaster
were a
small
percentage
of the
total,
less
than
one-half
of one
percent.
The
majority
of
Tsunami
relief
related
gifts
will be
counted
in the
2005
figures.
Further,
Giving
USA
reports
an
increase
in gifts
ranging
from 4
to 9
percent
from
four
types of
sources:
individual
donors;
bequests
by
deceased
individuals;
foundations;
and
corporations. |
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To
read
more
about
the
giving
USA
report,
click
here.
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Charitable Gift
Annuities:
The Market
Penetration Gap |
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By: Ken
Ramsay,
Legacy
Leaders |
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Everyone
loves
Charitable
Gift
Annuities
(CGA’s).
Donors
love
them
because
they can
make a
gift and
receive
tax-advantageous
income
at the
same
time.
Not-for-profit
accountants
love
them
because
they can
go on a
balance
sheet as
a net
positive
asset.
Executive
Directors
love
them
because
their
accountants
love
them.
Planned
Giving
fund
raisers
love
them
because
their
Executive
Directors
love
them. We
all love
them.
If we
can
suspend
our
amorous
feelings
for
CGA’s
for just
an
instant
and take
a long,
hard
view of
the CGA
market,
we may
gain
some
fresh
insight
and
maybe
even
love
them all
the
more.
Market
research
on CGA’s
is
scarce.
In July
2003,
The
NonProfit
Times
published
very
relevant
research
on
American
households
that was
done in
co-operation
with The
Social
Research
Institute
at
Boston
College.
It is
important
to note
that
this
research
was
officially
pulled
by the
publishers
because
of some
anomalies
with the
results
vis-ŕ-vis
IRS
return
totals
concerning
Charitable
Remainder
Trusts.
Nevertheless,
with
full
appreciation
of this
fact and
with the
deepest
apologies
to the
researchers/publisher,
I want
to cite
some
numbers
for
CGA’s
because
the
research
was
brilliant
and the
numbers
don’t
exist
anywhere
else.
They
found
that
3.6% of
households
were
using
CGA’s
and
another
12.9%
were
considering
them for
a total
of 16.5%
using or
considering. |
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To
read
more
about
charitable
gift
annuities,
click
here. |
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Tools to Help
You Excel:
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Planning
Giving
Resources |
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In
today’s
ever
changing
marketplace,
it is
imperative
to keep
on top
of
industry
trends.
Here is
a list
of
useful
resources
to
assist
you in
that
endeavour.
Planned
Giving
Today
www.pgtoday.com
Produce
monthly
Planned
Giving
Today
Newsletter.
If you
can only
get one
publication
this is
the one
to get.
Planned
Giving
Design
Center
www.pgdc.com/usa
Website
with
news,
marketing.
National
Committee
on
Panned
Giving
www.ncpg.org
Official
Professional
Association
for
Gift-Planning
professionals,
publish
the
Journal
of Gift
Planning,
member
listserv.
Association
for
Fundraising
Professionals
www.afpnet.org
World's
largest
fundraising
professional
organization
and
offers
training
in all
areas of
development,
member
listserv. |
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Planned Giving Pulse
· 525 South 4th
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PA
· 19147-1581 |
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