By Mary Walker, Petrus Blog Contributor
Clarence, the wingless angel: We don’t use money in heaven.
George Bailey: It comes in pretty handy down here, Bub.
From the movie It’s a Wonderful Life.
Note: I am not a lawyer, and the following is not legal advice—just my perspective and experience.
Less than half of the adults in the United States have a will or other estate planning documents. Actually, that’s not quite true. All of us have a will—either one created BY US or one created FOR US by our state government. Do you think your state government would distribute your property the same way you would?
If you haven’t made your own estate plans, please get busy on this—especially if you have minor children. Maybe you think you don’t have enough assets to worry about, or you’ve listed beneficiaries for your bank accounts and insurance policies. You still need a will and perhaps other estate planning...
By Mary Hernandez, Petrus Blog Contributor
Online giving days have been growing in popularity and reached compulsory status since the pandemic forced non-profits out of the rhythm of traditional in-person fundraising events. Whether you will participate in #GivingTuesday, her Catholic cousin #iGiveCatholic, or another online giving day that has traction in your region, these strategies can help to guide you in developing a successful online giving day plan.
RECOGNIZE AND BUILD YOUR TEAM
Online giving days are built to capitalize on the power of crowdfunding. First-time giving day participants can get discouraged after a poor showing on a giving day if their strategy consists of harnessing the power of the crowd by sharing a social media post (even a really compelling one) and expecting dollars to flow in. The crowd is a bit of a misnomer here. I rather liken a giving day to teamfunding. You may not know all the folks in a crowd, but you do...
By Tara Doyon, Petrus Director of Client Services and Senior Consultant
Like many in a development-related profession, I had planned on a career in “something else.” When money was needed for organizations and programs that I cared about, I discovered and honed my development skills.
Growing up, I was active in the local YMCA and taught swimming. After college graduation with a degree in recreation and park administration, I moved from the Midwest to Hartford, Connecticut to work for the Y there. Unlike the YMCA of my hometown, this Y served those in the inner city and faced great financial challenges. All employees were expected to participate in the fundraising effort.
My first experience in fundraising was a phone-a-thon for that Y in the 1990s. We had a list of people, and we cold-called them. We talked about our great programs, and asked them to make a gift. To keep us motivated, the Y recognized callers for their results....
By Mary P. Walker, Petrus Blog Contributor & Local Charity Board Member
Latest Information on Giving Trends
Giving USA 2021: The Annual Report on Philanthropy for the Year 2020 was released in June. This report on the state of philanthropy is LONG and comprehensive, so I picked a few findings that would interest Petrus clients and blog readers. The opinions expressed below are my own. If you would like more detail, summary information is available for free here and you can purchase the full report here.
More money was given last year than in any previous year studied, and about 5% more than in 2019. There are probably a number of reasons for this: (1) households whose incomes were NOT greatly affected by the pandemic, such as retirees on fixed incomes or those who stayed employed, felt a greater internal motivation; (2) investment value and the stock market recovery was high, which affects the wealth of...
By Mary P. Walker, Petrus Blog Contributor & Local Charity Board Member
What Development Means to Me
I was blessed with generous parents. At a very young age, I learned that development is a family project that requires planning and commitment.
When I was kid, before paychecks were automatically deposited, my dad would cash his check at the bank every other week, and bring a stack of money home. My mom would divide the cash into piles: for food, utilities, mortgage, kids’ allowances, savings, and the parish pew collection. At the time, I didn’t realize I was absorbing a lesson that has shaped my own giving.
You are more likely to give to a ministry, others, or to a good cause if you PLAN ahead and are committed.
My parents also “made” us put some of our allowance in the collection basket. The message was clear, “YOU are part of this Church, and YOU have a FINANCIAL obligation toward her mission.”
One day when I was complaining about...
In this episode, the Blueprint for Development series is on it's third installment. Tara and Sarah are back with Annual Funds, also known as an operating budget or director's fund. How can you create a new or sustainable development program that doesn't depend solely on that one event or those 1-2 major donors? Tara and Sarah give some great starting tips on making that change from dependence to sustainable.
If you missed the first two episodes in this series, you can find them here:
Tara and Sarah are back in this third installment of the "Blueprint for Development" series, discussing Annual Funds, aka operating budget or director's fund.
This is your general operating funds that come in from donations. Funds that you can generally count on as part of your general budget.
Due to 2020, there's a need to look more critically at annual funds. Parishes especially have...
In this episode, the first of our Holy Donor Series, Andrew visits with Greg and Julie Stevens. Greg and Julie live in Lincoln, Nebraska. They both attended University of Nebraska-Lincoln and were very involved at St. Thomas Aquinas Newman Center. This young couple has an approach to tithing and charity that is remarkable and a little counter-cultural, even among faithful Catholics. Through this conversation, Andrew was inspired to evaluate his attitude towards giving, even with over 15 years in the development industry. Hopefully you will walk away inspired as well.
Greg is a Physician’s Assistant in dermatology and Julie is a stay at home mom to baby Isaac. They are both are cradle Catholics and they both went to Catholic school and University of Nebraska Lincoln. And Greg continued on to University of Nebraska Medical School.
Growing up, they both remember seeing their parents involved in the church and give every Sunday...
In this episode, Andrew visits with Caitlyn Kano, Executive Director of Compass Catholic. They discuss how we can be generous to our specific capacity and not a perceived capacity of giving. They talk about how even though 10% tithing is a fantastic goal, we are still called be to be stewards of the other 90%. And that once we unite our financials and our faith, we can answer yes to what God calls us to without hesitation.
Caitlyn Kano is the Executive Director of Compass Catholic Ministries. She is local to Las Vegas, a military spouse of 17 years, mother of 4 children. When her oldest was 1 year, she was ready to do something more and began to volunteer with a non-profit. Over the years, she began to feel a disconnect between her work and her faith and felt called to tie the two together. Two years ago she reached out to Compass Catholic and began working on a money coaching ministry. In March of 2020 she was invited to become the Executive Director.
In this episode, Andrew speaks with Stan Guimont, Account Manager with Palmer Non-profit Communications, a commercial direct mail provider that works with the general non-profit world. Stan has been an account manager with Palmer since 2005. As an air force veteran, Stan began working in advertising in the mid eighties, then spent some time as a radio account executive. He then worked for a publishing company whose clients were mostly non-profits. Stan has found a fulfilling career with Palmer using his creativity and natural sales ability to help his clients. He demonstrates a deep and genuine care for his clients and their needs and provides a wealth of knowledge about direct mail best practices.
David Pederson has been the Director of Development for the Catholic Community Foundation for the Diocese of Phoenix since 2013. He has worked in development for over ten years at multiple Catholic campus ministries and the Diocese of Phoenix. In this episode, Andrew and David explore the basics of planned giving: What is it? What types of gifts are made in this type of giving? As well as how to approach donors about planned giving and how to begin a program like that at the Catholic Community Foundation for the Diocese of Phoenix. David offers practical advice for the development professional wanting to explore planned giving as an option for future growth of their ministry.