Nonprofit Investment Management Blog

Why A Charitable Donation of Life Insurance Policy Matters for Your Nonprofit

Posted by Megan Lencoski on May 19, 2023 2:00:00 PM


In life, there are many difficult discussions that are inevitable but affect us all. A topic that is among the most uncomfortable to discuss is the end of our life. This fact causes most fundraisers to shy away from discussing life insurance policy donations with donors. But as a nonprofit leader, you know that managing your nonprofit investments and finances is essential. 

Did you know that by avoiding the topic, you are doing a disservice to both the donor and your organization? 

If you haven’t incorporated life insurance policy donations into your overall fundraising plan, you are losing out on significant revenue potential for your organization. In addition, you are denying the donor the mental health and tax benefits that come with making a large impact. In this article, we’ll explain why you should be talking about life insurance policy donations with your donors, and give you six actionable tips to bring up this difficult topic.

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Topics: Nonprofit

Maximizing Impact: Benefits of Donating Life Insurance Policy to Charity

Posted by Megan Lencoski on May 5, 2023 9:00:00 AM

Did you know individuals can donate a life insurance policy to support their favorite cause? Donating a life insurance policy to charity is a smart way to make a substantial contribution that can often result in a larger payout than a single gift the donor could have made in their lifetime. Moreover, by working with their investment advisor, donors can take advantage of unique tax benefits. Let’s explore how to donate a life insurance policy and what the benefits are.

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Topics: Nonprofit

What Is Investment Management for Nonprofits? Maximizing Returns While Maintaining a Charitable Mission

Posted by Megan Lencoski on Mar 28, 2023 2:00:00 PM

Are you a nonprofit looking to increase your funds and generate additional revenue? Investing or creating an endowment may be something you’ve considered, but you may not know where to start. If you’re asking “what is investment management for nonprofits?” it’s smart to learn more about maximizing your returns while maintaining your charitable mission. In this article, we dive into if nonprofits can invest, why effective nonprofit investment management is important and we offer four tips to help you manage your organization’s funds.

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Topics: Nonprofit

What Every Nonprofit Should Know About the Uniform Prudent Management of Institutional Funds Act

Posted by Megan Lencoski on Feb 21, 2023 2:00:00 PM

As a nonprofit leader, you have probably heard of the Uniform Prudent Management of Institutional Funds Act (UPMIFA). But are you familiar with what it includes and who needs to follow it? Don’t let your organization pay the penalty of being noncompliant with this important act. This post covers the key components of the law and its goals, who it applies to, the steps organizations should take to ensure compliance with the act, and potential penalties for noncompliance.

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Topics: Nonprofit

Is My Nonprofit Too Small? 4 Misconceptions About Setting Up an Endowment Fund

Posted by Megan Lencoski on Feb 14, 2023 2:00:00 PM

Are you a small nonprofit wondering if you're too small to establish an endowment fund? The truth is endowments are not only for large organizations. Small nonprofits can benefit greatly from setting up a nonprofit endowment fund. In this blog post, we discuss the misconceptions small nonprofits have about endowments and the benefits they can provide for financial stability, sustainability and attracting donors.

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Topics: Nonprofit

5 Ways Your Nonprofit Can Prepare for the Great Wealth Transfer

Posted by Megan Lencoski on Dec 20, 2022 2:00:00 PM

In our last post, we discussed what the great wealth transfer is and why your nonprofit should start preparing now. Here are five ways to prepare for the great wealth transfer so you can maximize your potential donations.

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Topics: Nonprofit

Why Your Nonprofit Should Prepare for the Great Wealth Transfer

Posted by Megan Lencoski on Dec 13, 2022 2:00:00 PM

In the upcoming decades, older generations are expected to pass on the largest amount of wealth in history. This wealth will be left to younger generations, taxes and nonprofits, changing the landscape of philanthropy in more ways than one. If your nonprofit isn’t prepared for this shift in paradigm, you will find it more difficult to raise the funds you need. In this article, we discuss what the great wealth transfer is and why you should begin preparing now.

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Topics: Nonprofit

How to Leverage Giving Tuesday to Grow your Nonprofit Endowment

Posted by Megan Lencoski on Oct 20, 2022 10:30:00 AM

Growing your nonprofit endowment is important for the long-term success of your organization. By providing sustainable funding, an endowment allows you to spend less time worrying about finances and more time accomplishing your mission.

Many organizations make the mistake of not utilizing their current fundraising campaigns to increase their nonprofit investment. Every special event, giving day, and year-end appeal should be used as a chance to increase the impact of your endowment.

Giving Tuesday is a great opportunity to educate and inspire your donors. They need to know they have the opportunity to give a gift now that will live on into perpetuity. No need to do all the work of a special endowment campaign! Here are a few tactics you can use to leverage Giving Tuesday to grow your nonprofit endowment.

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Topics: Nonprofit

How Qualified Charitable Distributions Can Boost Your Year-End Campaign

Posted by Megan Lencoski on Oct 11, 2022 8:00:00 AM

Every year, many Americans are required by law to withdraw money they have no immediate need for. This leaves a great opportunity for nonprofits to increase their revenue by tapping into money already on the table.

In this article, we’ll explain what Qualified Charitable Distributions are, how they benefit your organization, and how to attract more of them. We’ll even share a free QCD Appeal Letter Template for you to send to your donors and raise more money!

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Topics: Nonprofit

Nonprofit Donor Stewardship: How to Increase Donor Retention and Grow Future Gifts

Posted by Megan Lencoski on Jun 14, 2022 2:00:00 PM

You invest a lot of resources in acquiring new major donors: 

  • Hosting events
  • Implementing marketing campaigns and ads
  • Spending immense amounts of time building relationships, meeting with donors, following up with them and engaging with them
  • Creating and printing informative materials, such as brochures, website content, email nurture campaigns, success stories and so on
  • Attending outreach events and community presentations

And the list goes on.

But once your hard work pays off and a person makes a donation, what happens next? Most organizations will send a form thank you letter on letterhead, or maybe a handwritten thank you card. However, once that thank you is sent, most organizations immediately direct their energy back on acquiring new donors. This results in the newly converted donor being left in the shadows, forgotten about and never engaged with again.

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Topics: Nonprofit

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