The anticipated transfer of wealth between generationsand its practical implications for philanthropyis the subject of much interest in the nonprofit community. Mapping the New World of American Philanthropy offers clear insight to the demographics (geographic trends, ethnic and gender dimensions), the expected trends (new approaches to planned giving), the potential impact on the nonprofit system (number and size of nonprofits, effects on boards and management), the impact on governmental policy (political dimensions, private-government roles), and the expanding role of family foundations, women, and donor-advised funds. Noted industry expert Susan Raymond, as well as other field leaders, provide candid insights into what is likely to happen and how nonprofits can prepare.
Book Details:
- Author: Susan U. Raymond
- ISBN: 9780470080382
- Year Published: 2007
- Pages: 336
- BISAC: BUS074000, BUSINESS & ECONOMICS/Nonprofit Organizations & Charities
About the Book and Topic:
The anticipated transfer of wealth between generationsand its practical implications for philanthropyis the subject of much interest in the nonprofit community. Mapping the New World of American Philanthropy offers clear insight to the demographics (geographic trends, ethnic and gender dimensions), the expected trends (new approaches to planned giving), the potential impact on the nonprofit system (number and size of nonprofits, effects on boards and management), the impact on governmental policy (political dimensions, private-government roles), and the expanding role of family foundations, women, and donor-advised funds. Noted industry expert Susan Raymond, as well as other field leaders, provide candid insights into what is likely to happen and how nonprofits can prepare.
In the next several decades, as much as $18 trillion will change hands from members of the babyboomer generation to their progeny, and to some extent, America’s charities. The ranks of those charities have grown enormously. In 1940, the nation had 15,000 nonprofits; today there are an estimated 1.5 million. By any measure, these are not trivial numbers. If even a third of today’s high-end estimate of the resource transfer reaches nonprofits, that $6 trillion is six times today’s annual income flow. What happens when this bushel-full of money rains down on nonprofits? How will they respond to the managerial and organizational challenges? Can the current system support this new influx of money? Mapping the New World of American Philanthropy will tackle these and other thought-provoking issues in a lively, information-packed manner.
AUTHOR PLATFORM: Susan Raymond is a regular columnist on philanthropy issues for onPhilanthropy.com monthly newslettersthese newsletters reach roughly 100,000 subscribers per month. RECOGNIZED EXPERT: Dr. Raymond speaks regularly at conferences and seminars and provides training seminars to Changing Our World clients regarding global philanthropic trends and grantmaker expectations regarding accountability. CONTRIBUTORS: The book will include contributions from recognized nonprofit leaders who offer important insights and suggestions for the future. RESOURCES: Includes hard-to-find data, graphs, and charts, as well as other practical tools to help nonprofit managers do their jobs better.
About the Author
Dr. Susan Raymond (New York NY) is Director of Research and Program Development for Changing Our World. She has extensive experience in research, analysis, and planning most recently with the prestigious New York Academy of Sciences. Prior to this, Susan was a project officer at the World Bank and a consultant to the U.S. State Department and to various private organizations including the Carnegie Corporation, specializing in healthcare and international economic research. Susan serves as Chief Analyst for OnPhilanthropy.com., Changing Our Worlds media division and a global resource for nonprofit professionals. She writes regularly for CWs e-publications including Observations in Philanthropy and Inside Corporate Philanthropy. She has written for many publications particularly in the areas of economics, healthcare and corporate responsibility, and is the author of The Future of Philanthropy (Wiley, 2002). Mary Beth Martin (Boston MA) is an attorney who advises donors and nonprofits on planned giving.