Why EVERY nonprofit should have a Philanthropic Advisory Council

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Over the past 20 years, an interesting trend has emerged among donors related to who they consult for philanthropic advice or options. It used to be pretty simple – donors were usually connected with a nonprofit’s Director of Development, Major Gift Officer, or even the Executive Director. 

However, recent studies have shown a significant shift in this line of thinking. According to a 1994 study conducted by the National Committee on Philanthropic Giving (now called the Partnership for Philanthropic ...

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Things that keep Middle Class Millionaires up at night!

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At ActivateLegacy our goal is to help nonprofits and charities find the “middle class millionaires” in their organizations – like Bob whom I wrote about in an earlier post.  So who are these middle-class millionaires and what puts them into this category?

We consider middle class millionaires to be individuals or families who have total assets of $10 million or less. People in this category represent roughly 94% (or 7.8 million of the 8.4 million) of the estimated Millionaires in the ...

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