3 ways to tap into the power of legacy giving
If you’re like a lot of organizations, you could be missing out on one of the biggest opportunities for potentially transformational donations.
Asking donors to include a gift to your organization in their will.
I’ve been in your shoes, so I know how the refrain goes when you're talking to your CEO and board about planned giving – does this sound familiar?
“We don’t need the money in the future – we need the money RIGHT NOW.”
This is shortsighted thinking, and it’s holding a lot of charities back from realizing their fundraising potential.
I won’t throw a lot of numbers at you about Boomers and the billions of dollars of wealth that’s being transferred between generations, but I will ask you this.
Could your organization use a $30,000 gift?
Because that’s the average size of a bequest in Canada – and that’s the kind of money you’re leaving on the table if you’re not talking about legacy giving in your organization.
This week, I went live to talk about the practical steps you can take to tap into the power of legacy giving at your organization (spoiler alert - planned giving doesn’t need to be expensive, complicated, or time consuming!)
Highlights from the video:
2:00: Personal story of leaving a gift in my own will
4:41: Mindset around asking for gifts in wills
8:50: Number one tip
11:18: Tip #2
15:11: Tip #3
21:06: Willpower - amazing resource for Canadian fundraisers
Resources shared in the video:
Dr. Russel James: https://imarketsmart.com/russell-james/
Will Power: https://www.willpower.ca/
Catch the replay and leave all your questions and comments!
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