Events are back! Yes, it’s true! If it feels like events are hot again, you are right! A recent OneCause study showed that 83% of charities are planning an in-person event for 2024, and one-third are planning a hybrid event. Check in with the team Kitsap Community Foundation for ideas about how to include endowment fundraising in your event strategy.
Wealth transfer is happening. The wealth transfer hype continues, and the media seems to report new twists on a regular basis, including statistics about how Generation X’s and Millennials’ particular circumstances figure into the equation. The bottom line remains, though, that the next several years are critical to build and execute your endowment-building strategy. Please reach out to the experienced team at Kitsap Community Foundation for help with endowment gifts of complex assets, such as real estate, or tried-and-true gifts, such as highly-appreciated stock. And don’t miss the opportunity to promote the creation of wills – and making a bequest to your organization. Consider adding this p.s. to your next mailing: “p.s. Are you one of the 7-in-10 Americans without a current will? Visit www.freewill.com/kitsapfoundation.org to write or update your legal will in less than 20 minutes. This is a free service to our community, provided for a short time by Kitsap Community Foundation. As you memorialize your wishes, please consider making a bequest to (YOUR ORG NAME)’s endowment to ensure our mission will endure forever.
Cause marketing considerations. Interested in aligning with a business or a brand? Cause marketing is not for every organization, but if you do decide to venture in, be sure to brush up on the rules and legal issues. Cause marketing can be a good way to amp up your organization’s brand, and, with savvy planning, you can leverage the increased visibility to grow your endowment.