Santhosh Ramdoss’ Post

💡Generational attitude differences could impact legacy decisions - study New research has revealed important differences in the behaviours and attitudes towards legacy giving of the baby boomer generation (born 1945-1964) compared to Generation X (born 1965-1980), which could help charities better steward supporters into the future. Full story: https://lnkd.in/gmF6C6hg #WillsProbate #Generational #Attitude #LegacyDecisions

A powerful roadmap. "As the baby boomer generation passes away, an estimated $84 trillion is projected to be passed down to heirs, with some $16 trillion transferred in the next decade alone. To put that in perspective, that’s 43 percent more than what it would take to eliminate the entire Black-white wealth gap. Rather than reinforcing the nation’s inequity, philanthropy could leverage this wealth transfer to set a new path. Of course, philanthropy’s role in reparations is not to replace the federal government in providing the scale of redress and racial healing the nation needs. Nor are philanthropic grants to Black-led organizations reparations. However, there is a massive opportunity for philanthropy to abundantly resource the ecosystem of organizations working to advance reparations as well as build a culture of repair that centers the healing, wellbeing, and safety of Black people. For funders who believe in racial equity and aspire to a thriving multiracial democracy, we invite you to see reparations for Black people and building a culture of repair as a necessity to reach that goal." https://lnkd.in/ebXggDxd

The Great Wealth Transfer is coming - is your nonprofit ready to engage the next generation of donors? CCS Fundraising's latest article shares strategies for finding, retaining, and connecting with Millennial and Gen Z philanthropists. Click the link to learn how to adapt your approach and secure a strong future for your mission. https://bit.ly/4avFHBJ #GreatWealthTransfer #Fundraising #Philanthropy #GenerationalGiving

The Great Wealth Transfer is coming - is your nonprofit ready to engage the next generation of donors? CCS Fundraising's latest article shares strategies for finding, retaining, and connecting with Millennial and Gen Z philanthropists. Click the link to learn how to adapt your approach and secure a strong future for your mission. https://bit.ly/4avFHBJ #GreatWealthTransfer #Fundraising #Philanthropy #GenerationalGiving

The Great Wealth Transfer is coming - is your nonprofit ready to engage the next generation of donors? CCS Fundraising's latest article shares strategies for finding, retaining, and connecting with Millennial and Gen Z philanthropists. Click the link to learn how to adapt your approach and secure a strong future for your mission. https://bit.ly/4avFHBJ #GreatWealthTransfer #Fundraising #Philanthropy #GenerationalGiving

The Great Wealth Transfer is coming - is your nonprofit ready to engage the next generation of donors? CCS Fundraising's latest article shares strategies for finding, retaining, and connecting with Millennial and Gen Z philanthropists. Click the link to learn how to adapt your approach and secure a strong future for your mission. https://bit.ly/4avFHBJ #GreatWealthTransfer #Fundraising #Philanthropy #GenerationalGiving

The Great Wealth Transfer is coming - is your nonprofit ready to engage the next generation of donors? Read the latest article sharing strategies for finding, retaining, and connecting with Millennial and Gen Z philanthropists. Click the link to learn how to adapt your approach and secure a strong future for your mission. https://bit.ly/4avFHBJ #GreatWealthTransfer #Fundraising #Philanthropy #GenerationalGiving

How should nonprofits be thinking about the next generation of philanthropists? This article from CCS shares strategies for finding, engaging, and retaining Millennial and Gen Z donors to secure a strong future for your mission. It was a privilege to help create this resource! Check it out by clicking the link below. https://bit.ly/4avFHBJ #GreatWealthTransfer #Fundraising #Philanthropy #GenerationalGiving

Philanthropic networks are not immune to the effects of hate and extremism that have permeated modern politics. Fortunately, some organizations, such as the Council on Foundations, are taking a proactive approach to the problem. The linked document below is not only an excellent primer on the topic, but it also offers some practical recommendations to help grantmakers navigate the funding landscape. Just how serious is the problem? Here's a quote from the white paper: "...in the wake of deadly neo-Nazi violence in Charlottesville, journalists and advocacy groups have traced the funding of extremist groups in an attempt to understand the growth of these movements. This analysis revealed that millions of dollars in foundation funding flows to extremist organizations, sometimes without the knowledge, and contrary to the values, of foundation leaders." Values-aligned philanthropy is one way for organizations to prevent inadvertently funding groups bent on spreading hate. #grantwriting #philanthropy #values

With each passing year, the #millenial generation continues to occupy a larger share of the American workforce. I authored the following column for the #UniversityofFlorida Advisor Network to inform practitioners and educational institutions of the important position that millennials will occupy as part of the pending #GreatWealthTransfer. My article touches on giving trends among millennials, as well as three ways millennials can begin to give back to their alma maters to make an immediate impact at a relatively young age. #itsgreatuf #plannedgiving #estateplanning #philanthropy #sec #giftplanning #charity #financialplanning #wealthmanagement