First Day Podcast

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Hilda Vega, Deputy Vice President, Philanthropic Practice. The organization, celebrating its 40th anniversary, commissioned a significant study through the Indiana University Lilly Family School of Philanthropy. The study, titled "Latinx Philanthropy: Understanding Generosity Trends Across Latinx Communities in the United States," aimed to refresh and deepen the understanding of Latino donors' roles in philanthropy. This comprehensive study was designed to answer frequent questions about the philanthropic behaviors and challenges of Latinx communities and to contribute to the broader understanding of philanthropy's diversity and evolution.

The study brought to light several critical findings about Latinx philanthropy. It revealed that Latinx donors, like donors across the U.S., often give based on their values, family connections, and community needs. The research provided a unique blend of quantitative data and qualitative insights from focus groups, highlighting long-term trends in Latinx giving. Interestingly, it showed that Latinx giving mirrors broader U.S. trends, with a strong emphasis on family and community investment. However, the study also pointed out challenges, such as a decline in institutional trust and economic changes post-pandemic. Notably, the role of peer-to-peer giving, mutual aid, and remittances were underscored as significant aspects of Latinx philanthropy, with remittances playing a vital role in supporting entire communities in the donors' countries of origin.

The episode also looked into the implications of these findings for fundraisers and the importance of inclusivity in philanthropic efforts. As the Latinx population continues to grow and diversify within the U.S., understanding these trends is crucial for fundraisers, particularly those from different ethnic backgrounds. The study highlights the necessity for fundraisers to build genuine relationships with donors, understand their interests, and include Latinx communities in their efforts. The research indicates that as Latinx individuals establish themselves longer in the U.S., their capacity to donate increases. This generational and residency duration factor is essential for understanding donor behavior. The episode concludes with a call for more inclusive fundraising practices that recognize the unique and evolving role of Latinx donors in philanthropy.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Nikole Collins-Puri, former CEO and current adviser to Techbridge Girls, to discuss the pivotal role of storytelling in the realm of fundraising. Nikole, recognized as a leader in the philanthropic sector, provides insight into Techbridge Girls, a nonprofit with a 25-year history, dedicated to empowering black and brown girls in STEM education. The episode emphasizes while facts and numbers have their place in conveying impact, storytelling is equally vital for advancing an organization's mission, amplifying its message, and securing the resources needed to bring about societal transformation.

Nikole elaborates on Techbridge Girls' deliberate approach to collecting and organizing stories in a systematic "story bank" that includes categorization with keywords. This enables them to retrieve and share compelling stories tailored to different audiences, including donors, partners, and educators, to reinforce specific messages and goals. The organization's strategy involves training its entire staff to contribute to the story bank, ensuring that stories are gathered from various sources and channels. The podcast sheds light on the pragmatic use of Dropbox for this purpose, dispelling the notion that sophisticated, expensive tools are necessary for effective storytelling in nonprofits.

Nikole highlights an equity issue in the nonprofit sector, emphasizing that stories hold cultural significance and offer a more inclusive perspective on impact, particularly in communities of color. She advocates for a broader recognition of storytelling alongside quantitative data as a valid and meaningful way to measure impact. Her advice to nonprofits seeking to establish their own story bank is refreshingly straightforward: don't overthink it; stories are everywhere, and it's crucial to capture them in whatever way possible to share the transformative work being done.

This podcast episode not only underscores the importance of storytelling in fundraising but also provides practical insights on how nonprofits can implement a storytelling strategy to advance their missions and foster engagement with their supporters.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Muhi Khwaja, MPA, CFRE, CFRM, co-founder of the American Muslim Community Foundation (AMCF), discusses the organization's role and growth since its inception in 2017. With over $8.6 million in assets, AMCF operates numerous donor-advised funds and endowments, serving as a pivotal national platform for supporting the Muslim community in the United States. The Foundation's unique approach integrates Islamic charitable practices, like zakat, with modern philanthropy, thereby aligning donors' faith with their philanthropic endeavors.

The episode emphasizes the crucial role of Key Performance Indicators (KPIs) in assessing and enhancing fundraising effectiveness. KPIs serve as vital tools for predicting future performance and evaluating past results. Specific metrics like year-over-year donor retention are highlighted, showcasing their importance in setting accurate and informed fundraising goals. The conversation underscores the necessity for organizations to strike a balance between tracking these metrics and maintaining strong, personal donor relationships, a challenge that is often faced in the nonprofit sector.

Addressing nonprofits at various stages of development, the episode provides practical guidance on setting up systems to track KPIs. For organizations with adequate resources, investing in Customer Relationship Management (CRM) systems is recommended to efficiently manage donor data and fundraising activities. For those with limited budgets, simpler methods such as Excel spreadsheets are suggested. The key is to focus on essential metrics like cost per dollar raised and fundraising return on investment, ensuring a strategic and data-driven approach to donor management and fundraising activities.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D., shares his thoughts on fundraising prospects for 2024. He begins by reflecting on the resilience of the United States' economy in 2023, despite earlier fears of a recession. This robust economic performance bodes well for fundraising efforts in the upcoming year, as it suggests that potential donors may have more disposable income to contribute.

Stanczykiewicz also discusses factors like inflation and consumer spending, highlighting that inflation rates have been steadily decreasing, relieving some of the pressure on charitable giving. Furthermore, he points out the strength in consumer spending, as demonstrated by significant increases during events like Cyber Monday. These positive economic indicators collectively paint a promising picture for fundraising organizations aiming to secure donations in 2024.

The podcast episode underscores the importance of donor relationships, emphasizing that fostering and maintaining strong connections with supporters is crucial for successful fundraising. To this end, the fundraising school is adding more curriculum on donor stewardship to reinforce this key principle. Additionally, Stanczykiewicz touches on the role of artificial intelligence (AI) in fundraising, as it continues to evolve rapidly, helping automate various operational tasks and allowing fundraisers more time to engage with donors. Lastly, the episode highlights the historical trend that charitable giving tends to increase during presidential election years, dispelling concerns that political campaign donations might negatively impact charitable contributions.

Listeners can benefit from Stanczykiewicz's deep insights into the economic landscape and its implications for fundraising in 2024, along with valuable advice on maintaining strong donor relationships and leveraging AI for more efficient fundraising efforts.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Mark Wilhelm, Ph.D., professor of philanthropic studies at the Indiana University Lilly Family School of Philanthropy, to distill over two decades of research into the world of philanthropy and fundraising. The discussion centers on the multifaceted motives that drive individuals to contribute to charitable causes. Mark identifies two primary categories of motives: collective motives, where people engage in philanthropy to create a collective product for the greater good, and private benefit motives, which encompass personal feelings of duty, satisfaction, or self-improvement. This categorization underscores the importance of recognizing the unique motivations of donors.

The conversation looks at the dynamic nature of charitable giving, challenging the notion of a static donor base. Mark emphasizes that donor behaviors can change over time, and fundraisers should focus on transitioning occasional donors into regular contributors. He likens fundraising to a dynamic motion picture, urging fundraisers to adapt to evolving donor motives and behaviors.

To effectively engage donors, the podcast suggests a personalized approach. Rather than crafting generic messages that attempt to address all possible motivations, fundraisers are encouraged to tailor their appeals to align with individual donor motives. This nuanced understanding of donors can lead to more effective and resonant fundraising efforts. Fundraisers are reminded that their work requires discernment and leadership in navigating the complexity of donor motivations.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Elizabeth Lynn, the Project Director for the Lake Institute on Faith and Giving at Indiana University's Lilly Family School of Philanthropy. The discussion centers on the dynamic relationship between faith and philanthropy. The Lake Institute's primary focus is to explore how faith commitments and values inform charitable giving and how these patterns of giving shape both faith communities and broader societal actions.

Elizabeth explains the Lake Institute conducts research, supports other organizations in their research efforts, and offers educational programs aimed at helping leaders engage their constituents in faithful giving and generosity. They recognize the evolving nature of faith and giving, with many religious institutions rethinking how they utilize their resources, including property and endowments. To address this, they have launched the "Story Shelf," an online resource library containing stories of faith communities reimagining their resources, forging new partnerships, and engaging in creative acts of generosity. These stories serve as inspirational tools for religious leaders to spark imagination and foster discussions on how they can align their resources with their values.

The podcast also touches on various stories available on the Story Shelf, such as a Lutheran congregation in Washington, D.C., partnering with a Jewish congregation to share their space and an Episcopal Church in Cincinnati using part of its endowment to support local social entrepreneurs. These real-life examples showcase how faith communities are adapting to changing circumstances and aligning their resources with their values. The Lake Institute's Story Shelf is a valuable resource for religious congregations and organizations seeking inspiration and new approaches to philanthropy and generosity.

To access these stories and learn more about the Lake Institute's work, you can visit their website at https://philanthropy.iupui.edu/institutes/lake-institute/index.html.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Shivant Shrestha, a research associate at the Indiana University Lilly Family School of Philanthropy. The episode looks at a study aimed at mapping nonprofit spending on climate change in the United States. This research seeks to understand the amount of money U.S.-based nonprofits are allocating towards climate change initiatives, dividing these efforts into two primary categories: mitigation, which focuses on preventing the impacts of climate change, and adaptation, which involves adapting to its effects. The primary purpose of the study is to establish a baseline for understanding which efforts receive the most attention and funding, aiding fundraisers, funders, and policymakers in directing resources effectively.

The methodology of the study involved a survey of 130 U.S. nonprofit organizations of various sizes and budgets, ranging from under $500,000 to over $20 million. These organizations were selected to represent a broader spectrum of about 3,200 U.S.-based nonprofits partly or wholly involved in climate change or environmental work. The survey data was weighted against this larger sample to ensure representativeness. The sample included not only environmental nonprofits but also organizations from other sectors like education and arts, which have programs related to the environment or climate change. This comprehensive approach underscores the interconnected nature of different sectors in addressing climate issues.

The study's findings reveal significant insights into nonprofit spending on climate change. It estimates that U.S. nonprofit organizations spend between $7.8 and $9.2 billion annually on climate change-related programs and activities, with philanthropic sources contributing approximately 88% of this funding. The breakdown of climate expenditure shows that about 49% is spent on mitigation activities, 14% on adaptation, and 15% regranted to other organizations. An interesting aspect highlighted is the reliance of the climate change sector on philanthropic funding, which is significantly higher than in other sectors of U.S. nonprofits. Additionally, the study identified a funding gap in certain tactics, with policy-based approaches being the most utilized yet also the most in need of additional funding. This comprehensive analysis provides a valuable baseline for understanding and enhancing philanthropic efforts in combating climate change.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Dr. Dwight Burlingame, Professor Emeritus of Philanthropic Studies and Glenn Family Chair in Philanthropy at Indiana University Lilly Family School of Philanthropy. Dr. Burlingame, recognized as a pioneer in this field, co-authored Chapter 39 of "Achieving Excellence in Fundraising," which covers the nuances and strategies of business sector fundraising. This episode provided a comprehensive overview, illuminating the historical context, theoretical frameworks, and practical applications of corporate giving to nonprofit organizations.

Historically, corporate giving has evolved significantly, influenced by various models that Dr. Burlingame and his peers have identified through extensive research since 1996. Four primary models were highlighted: corporate responsibility, ethical and altruistic, political, and stakeholder. The corporate responsibility model underscores a company's societal obligations, linking its community contributions to its core mission of profitability. The ethical and altruistic model debates the true nature of altruism in corporate giving, focusing on community well-being. The political model explores corporate giving as a means to gain political advantage, either internally within the company or externally. Lastly, the stakeholder model, which has gained popularity over the last three decades, emphasizes the importance of considering all stakeholders of a company, including customers, vendors, and employees, and how these relationships intertwine with the company's overall business strategy.

The discussion also ventured into the practical realm, addressing how nonprofits can effectively approach and engage with the business sector for fundraising. Emphasizing the alignment of nonprofit missions with corporate philanthropic values, the podcast underlined the importance of developing a strategic fundraising plan that caters specifically to the business sector. This involves understanding the historical and current philanthropic activities of companies and identifying common points of contact, such as shared vendors or board members. The episode concluded with the notion that understanding and aligning with the various philanthropic motivations of businesses can greatly enhance the effectiveness of fundraising efforts in the nonprofit sector.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Una Osili, Ph.D and Sitashma Thapa to dive into a groundbreaking research study focusing on charitable giving trends by race and ethnicity. They discuss the research findings, revealing that economic downturns have affected donors of all backgrounds, leading to declining rates of giving. Particularly, the Great Recession had a lasting impact on donors of color, taking them longer to recover. This highlights the importance of understanding how economic shocks affect philanthropy and the need for discussions around wealth-building, financial literacy, and economic resilience.

The study examines charitable giving among five racial and ethnic groups: Caucasian, Black, Hispanic, Asian, and Native Indian. It unveils a significant decline in household giving among all these demographics, both before and after the Great Recession. The podcast emphasizes that philanthropy is not a one-size-fits-all approach and highlights the often-overlooked informal forms of philanthropy, such as private transfers, giving circles, and Mutual Aid, which play a crucial role in communities of color's generosity.

Furthermore, the podcast underscores the importance of diversifying donor databases for nonprofit organizations. It urges fundraisers to reach out to a more diverse pool of donors and engage with them authentically, respecting their preferences and motivations for giving. The podcast concludes by highlighting a successful case study, the Smithsonian African-American Museum, which engaged donors from various backgrounds, showcasing the potential for organizations to build meaningful partnerships and exceed their fundraising goals. The research study and podcast offer valuable insights for nonprofits navigating the evolving landscape of philanthropy in a diverse and changing America.

In this episode of the First Day Podcast, host Bill Stanczykiewicz, Ed.D. is joined by Ben Miller, Senior Vice President of Data Science and Analytics at Bonterra. The duo discuss the latest trends in charitable giving for the first quarter of 2023, providing valuable insights for nonprofit professionals. Miller explains the role of the Fundraising Effectiveness Project, which, in collaboration with AFP and GivingTuesday, analyzes anonymized data from over 20,000 organizations to understand donor behavior. The discussion highlights the project's methodology, focusing on its unique approach to data collection that excludes large medical and educational institutions, thereby offering a more representative analysis of trends in the broader nonprofit sector.

Miller reveals a concerning decline in both the number of donors and the total amount of donations, contextualizing these figures against the significant increases seen during the COVID-19 pandemic and social justice movements of the past years. They discuss long-term trends observed since 2012, which indicate a shift towards fewer donors contributing larger amounts, likely influenced by socio-economic factors and changes in societal engagement. The episode emphasizes the importance of understanding these trends and adapting fundraising strategies accordingly, to ensure inclusive and effective philanthropy across all sectors of society. The podcast concludes by highlighting the need for further research and data analysis to navigate the evolving landscape of charitable giving.