The competition for charitable gifts is pretty intense. Whether you are accustomed to making donations of $15-$25, or gifts in the five-or-six figure range, you want to be thanked, receive the required tax-deduction information from the charity, and know that your gift was used in some purposeful, intentional way. Or, perhaps your gift was specifically targeted for a program, specific purchase or project. You have the right to know, and can even require proof, that your gift was used as you agreed upon, by the charity.
So, who gets the gifts and why? More than 17% of donor reportedly ended giving a donation to one or more specific charities in 2015. Getting an overabundance of solicitation letters, and getting letters too closely together, were the primary reasons donations ceased to a charity. Here’s are some results of the study*:
Gifts Discontinued to a Charity because…
40.7% Too many solicitations
40.2% Household Circumstances changed
18.0% Charitable organization was ineffective
14.0% Donation requested was inappropriate
12.8% Donor changed philanthropic focus
12.1% Changed leadership or the mission at charity
9.6% Charity failed to respect personal information
3.9% Charity met its goal, completed its mission
15.0% Other reasons
At the SRCCF, we respect your philanthropy. You will not be over-solicited, or solicited too often, and we will respect and safeguard your privacy. We can assist you in making charitable contributions to one charity or several, and provide guidance and leadership to assist with your philanthropic decisions. Call us at 815-252-2906 to learn more about Donor Advised Funds (DAFs), establishing scholarships and making an unrestricted gift to the Leadership Fund for Now.
*Study done by U.S Trust and the Indiana University Lilly Family School of Philanthropy.