Fundraising

Fidelity Investments, in an effort to increase giving, said yesterday that it was planning to cut the admin fees it charges in its Charitable Gift Fund by at least 40% .  The move which goes into effect July 1st., will bring the admin fees on accounts of less than $500,000 to 0.6%  from 1%. Fidelity has billions of dollars in ...

Blogging has dramatically reshaped the way we interact with charitable organizations.  The constituent relationship management (CRM)  paradigm has shifted .  The public doesn’t want to be managed.  They want control of the dialog, to dictate terms, and choose methods of communication. The question for fundraisers  has become:  Is the mechanism in place to enable our constituents the channel to create ...

Many financial institutions are conducting seminars, camps and work shops for the 20-30 age group of very wealthy families. Usually with assets of a $100m and up. J.P. Morgan invites young adults to their Next Generation Leadership seminars.  Citigroup Private Bank runs a course focusing on children of their wealthy clients.  Wachovia, Lehman Brothers, and Northern Trust just to name ...

The Census Bureau’s recently released 242-page report on the aging  population showed that todays older Americans are markedly different from previous generations.  They are more prosperous. And that difference will accelerate as the first boomers hit retirement age in 2011.  The coming changes will have a profound effect on the face of American society and the shape of the economy. ...