The Power of Philanthropy Virtual Summit videos and key takeaways

A big thank you to all The Power of Philanthropy Virtual Summit 2021 presenters, panelists and participants for making the 2nd annual Summit a huge success.

Kinetic and the Henry W. Bloch School of Management are committed to creating thoughtful dialogue around important trends and topics in philanthropy and fundraising.

Session 1: Philanthropists’ Panel: Giving Decisions

This session featured some of Kansas City’s leading philanthropic couples who shared their insights and perspectives on how they make giving decisions.

View a recording of the philanthropists’ Giving Decisions panel discussion.

Key Takeaways Shared in Breakout Groups

Donor relationships are key to making inroads with major-gift donors.

“The person who does the asking matters in a huge way.” This was a great reminder.

Don’t forget to cultivate relationships with potential donors who are first-generational wealth versus only going to families known for generational wealth.

Appreciate and attract expertise and ongoing education. Continue to keep learning and growing.

Session 2: Research Presenters: Motivations in Giving

IUPUI-Lilly Family School of Philanthropy Women’s Philanthropy Institute members shared insights on research conducted by The Lilly Family School of Philanthropy, Women Give 2021: How Households Make Giving Decisions.

View a recording of the Motivations in Giving presentation.

Key Takeaways Shared in Breakout Groups

The last time they studied how giving decisions were made, 73.4% of couples made giving decisions together (2005). In the recently conducted research, the percentage is down to 61.5%.

In 2005, approximately 10% of couples had one person making the giving decisions for the family. In 2020, that was closer to 30%.

When one partner makes the sole decision in giving, it is more likely to be a woman (15.3%) versus a man (12.1%).

Women are more likely to inherit twice: Once from their own family and, then, from their husband.

Go here to request a full list of key takeaways from both sessions.

To learn whAt Kinetic can do for your organization: info@kineticfundraising.com

To contact the Henry W. Bloch School of Management: culverm@umkc.edu

Participants: Please take a few minutes to share your feedback through this survey to help us improve our sessions.

The Power of Philanthropy Virtual Summit videos and key takeaways

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