Get to Know Who Will Give to Your Nonprofit Organization! Everyone clearly understands the importance of having philanthropic organizations around. Philanthropic organizations are known the world over for the great work they do in reducing distress and suffering among communities. One good example of a nonprofit organization that does a lot of good is the good old Salvation Army. This organization receives donations from well wishers and uses them to serve people who are in distress in the 109 countries in which it has a presence. In 2016,the largest donors in the U.S gave a combined 5.6 dollars to not for profit organizations,according to The Chronicle of Philanthropy. The years 2014 and 2015 recorded a drop in philanthropic donations though. 16 of the 50 donors list had accumulated their money in the finance industry.and Tech companies occupied the first four slots on the list. An interesting fact is that 20% of the total contribution was given by just 9 donors. Wouldn’t it be of great interest to fund raisers in nonprofit organizations to know where all these donations go? Discover who received the 5.6 dollars given away in 2016. Colleges and Universities got almost half of the 5.6 dollars given by the donors on the list. It is possible colleges and universities benefited most from the donations because some of people on the donors list had been students of those organizations.
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Most of the philanthropists are likely to have some interest in art. This is because museums received a whopping 293 million dollars of the gifts. To be precise,175 million dollars worth of gifts was received by two museums in the United States. New York’s Museum of Modern Art got 100 million dollars while The Los Angeles County Museum received 75 million.
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If you fund raise for a nonprofit organization that is neither a college nor a museum,don’t lose hope,as 328 million dollars in 2016 was directed towards DAFs(Donor-Advised Funds) and your organization would have qualified for such! Some people on the donors list choose to work with public charity,an arrangement that allows them to make decisions relating to who actually receives the funds over time. This is a beautiful arrangement that lets the wealthy giver save a lot of money through taking advantage of certain tax laws that allow donations given to public charity to be deducted from the taxable income of the person or their company,and at the same time,build a fund that keeps nonprofits doing what they do best-bettering the lives of their communities. Having a good rapport with the public charity is a good idea as there is chance that some of the donors may ask for recommendations on the charities to receive their gifts.

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