Prioritizing Donor Retention in Your Fundraising Strategy
Retaining donors is more cost-effective than acquiring new ones. Learn practical strategies nonprofits can use to improve donor retention and grow sustainably.
Title: Estate Planning Essentials: The Five Types of People That Need a Will
In honor of August’s Make A Will Month, we’re talking about a subject that many avoid but is integral to securing your future – wills. You might be surprised to learn that, as per a 2021 survey, only 32.9% of American adults have an estate planning document such as a will or living trust. Are you among the remaining two-thirds? If so, here are five types of individuals who particularly need a will, and why.
Life is unpredictable, but with a will, you have the power to decide who benefits from your estate, who cares for your children, and what happens to your pet. As uncomfortable as contemplating these scenarios can be, a will provides peace of mind knowing you’ve protected what matters most.
During this Make A Will Month, we urge you to seize the opportunity to safeguard your future and loved ones. After all, securing peace of mind is priceless. Don’t let procrastination or discomfort leave your family’s future in the balance. Remember, estate planning isn’t about your death; it’s about managing your life!
In case you need assistance with estate planning or have questions about creating a will, reach out to us. Let’s secure your future together this August.
Retaining donors is more cost-effective than acquiring new ones. Learn practical strategies nonprofits can use to improve donor retention and grow sustainably.
If you need a single, compelling reason to prioritize planned giving this year, here it is: around 46 billion dollars flows to charities every year through bequests. In fact, the latest Giving USA numbers show that bequests in 2024 totaled about $45.84 billion—roughly 8% of all U.S. charitable giving for the year. That’s not a rounding error; it’s a transformative funding stream your mission can’t afford to ignore.
One of the most interesting parts of planned giving is that you never know what is going to happen! Planned gifts will surprise you. In an earlier blog, I talked about the planned gift that I DIDN’T accept. That was not even close to the most interesting gift that I ever received.
And this one isn’t either. But it was something I never expected.
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