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Showing posts from 2014

The Longview of Major Donor Engagement

People often ask me, how do you create a better experience for major donors? What first I think it's important to define what you see as a major donation within your organization, and develop protocols to recognize and acknowledge donors who make gifts at that level. And once the donor does make a gift at that level, continue to acknowledge every donation they make your organization as if they've made a major donation. It's also important to create communities around major gifts, that could include the donors to a specific building getting together on regular anniversaries to celebrate the accomplishments of the facility, donors to endowments supporting a specific area getting together to celebrate the recipients of that support, or Donors to unrestricted receiving regular updates on major challenges facing the Institution - some which may or may not be front-page news. This level of intimacy is critical in order for donors feel part of something larger, more than just a ...

BitCoin and Moral Hazard

I love technology, and love imagining technology as a platform for a better future for the planet. Using technology to advance humankind is elementary, as Bill Gates shared in a recent article on the topic of human health (http://mashable.com/2013/11/04/bill-gates-interview-human-health), and the grand benefit that technology bestows on humanity is the lowering of resource barriers to improving people's lives. That is why, at least to me, BitCoin is so interesting, since a universal currency would improve upon the highly inefficient process of resource delivery, purchasing, procurement, etc. in the delivery of social services worldwide. For example, charities accepting BitCoin can distribute funding to disparate parts of their organization with the benefit of lower overhead, processing or conversion fees. But the moral hazard is real, and could pollute organizations willing to risk accepting BitCoin as a donation vehicle. On the speculative side, I can't help but feel lik...