The Great Wealth Transfer: The Big Nonprofit Advantage | Ep 117

💲We're diving into the $84 trillion Great Generational Wealth Transfer that's set to redefine the nonprofit landscape. This unprecedented transfer of wealth offers a golden opportunity for nonprofits to connect with a new wave of donors and drive significant impact.

💲Meet the Great Generational Wealth Transfer head-on, fully understanding its implications for your nonprofit:
💡Understand the Impact: Get clarity on what this monumental wealth transfer means for the nonprofit sector and how it can transform your organization's future.
💡Engage Legacy Donors: Discover effective strategies to connect with potential legacy donors and nurture long-term relationships that can sustain your nonprofit for years to come.
💡Connect with Emerging Donors: Learn how to engage millennials and Gen Xers, who are set to inherit the bulk of this wealth, and understand the dynamics of generational giving.
💡Ensure Transparency: Explore diverse giving channels and understand the importance of maintaining transparency and accountability to build and retain donor trust.

Dig deeper into Gen Z #philanthrokids and their preferences in our last episode 4 Nonprofit Strategies to Engage Gen Z Donors here:    • 4 Nonprofit Strategies to Engage Gen ...  

and in our blog, here:
Gen Z Donors: How to Reach the Next Generation of Philanthropists
https://donorbox.org/nonprofit-blog/g...

Join Jena, Education & Community Engagement Manager at Donorbox, as she guides you through this transformative period and equips you with the knowledge and tools to make the most of this extraordinary opportunity.

#plannedgiving #leagcygiving #wealthmanagement #grants #grantsuccess #corporategrants #corporategiving #corporategift #corporatedonations

Key Chapters:
Introduction: The Great Wealth Transfer and Opportunity for Nonprofits (0:00 - 1:24)
Why is this Transfer Happening? (1:24 - 2:32)
Meet the New Generation of Donors (2:32 - 3:22)
How to Engage with New Donors (3:22 - 4:02)
Legacy Giving and Planned Gifts (4:02 - 5:58)
Starting the Legacy Giving Conversation (5:58 - 7:47)
Communicating Legacy Giving Options (7:47 - 8:56)
Promoting Legacy Giving Throughout Your Organization (8:56 - 9:46)
Engaging with Millennial and Gen X Donors (9:46 - 11:13)
Strategies to Cultivate Long-Term Donors (11:13 - 12:30)
Expanding Giving Options for New Donors (12:30 - 13:57)
Building Trust and Transparency with Younger Donors (13:57 - 14:31)
Preparing Your Nonprofit for the Great Wealth Transfer (14:31 - 15:54)
Conclusion: Takeaways and Next Steps (15:54 - 16:32)