The last few months of the year are an important time for nonprofit organizations. For many, November and December are when the majority of annual support gifts are made. On average, organizations receive roughly 40 percent of their annual contributions in the last few weeks of the year. As it has for over 25 years, the nonprofit community observes National Philanthropy Day during the month of November.
The word “philanthropy” can sometimes be intimidating. Even though by definition it simply means, “love of humankind,” somehow we mistakenly believe that a philanthropist has to be wealthy. I prefer to take the literal interpretation. While it is absolutely critical to have enough resources to carry out a mission, nonprofit organizations may survive on a few large gifts, but they almost never thrive on them.
Healthy organizations need investments of all sizes and in all forms. If something is worth doing, it is worth having broad ownership and inclusion. The best organizations recognize that a wide spectrum of community ownership is not only a core value, but most often results in a better product. [Read more...]