California Land Conservation Conference Future Funding Trends Community Philanthropy March 4 th , 2015
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California Land Conservation Conference
Future Funding Trends
Community Philanthropy
March 4th, 2015
Funding Trends
Giving in 2014
74%
14%
5%
7%
Atlas of Giving Report, January 2015
Individuals
Foundations
Corporations
Bequests
$339B
$22B
$65B
$30B
Giving by Program Area
• Improving economy
•All things DIGITAL
– Growth of mobile giving
– Social media
– Crowdfunding – Millenial engagement
• Social Economy- Intersection of
philanthropy, business, and government
Factors Influencing Giving Growth and Change
Factors Influencing Giving Growth and Change
•Fastest growing giving sectors
– Human needs/disaster
– Education
– Environment
•Religion is not keeping pace
Atlas of Giving, 2015
•Transfer of Wealth – boomers and next generation
– $8.4T - $41T transfer estimate
– $64K median inheritance
– $1.5M High Net Worth (HNW) inheritance
– $27K bottom decile inheritance
– Retirement vs Charitable intent
Factors Influencing Giving Growth and Change
•Rise of the DAF (Donor Advised Funds)
–Explosion of DAFs from wealth management firms (Schwab, Fidelity, Vanguard)
–Total DAF Assets $54B (2013)
•Gifts $17B
•Grants $10B
Factors Influencing Giving Growth and Change
Growth in # of DAFs
2007-2013
National Philanthropic Trust, 2014 Donor Advised Fund Report
Three Considerations for
Land Trusts1. What is your Message?
– Love for the land = A new religion
2. Capitalize on Real Trends– Emphasis on climate change, growing disasters,
preservation of natural resources/space, backlash against technology
3. Focus on the Individual– Board Engagement
– Donor Engagement
Cultivate
Steward
Acquire
Three Factors to Consider for Land Trusts
HNW donors who volunteer give 70% more than those who don’t
Lily Center on Philanthropy, 2014, HNW Study
About Community Foundations
State of Community Foundations in CA (2013)
• 29 in CA
• $11.3B in assets
• $860M in grants
• 10% of largest CFs in CA
What is a Community Foundation
Why Use a Community Foundation
• We provide highly personalized service tailored to each person’s charitable goals and finances
• We multiply the charitable impact by pooling donors’ gifts and investing them for long term growth
• We help donors achieve legacy in perpetuity through endowments and memorials
• We are the low-cost, simple alternative to a private foundation; we do the work while donors have the joy of giving
• We accept a wide variety of assets
Why Use a Community Foundation
• We offer the maximum tax advantage under state and federal law and simplify IRS recordkeeping
• We can provide anonymity
• We have deep roots in the community and make it our business to understand needs and to be aware of resources
• We work on growing giving in the region
• We act as a convener and catalyst on important issues
• We connect donors to causes and organizations
Types of Funds
Thank You
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