The Art of Giving: Where the Soul Meets a Business Plan

A unique guide to finding purpose, meaning, and results in the complex world of charitable giving

In this definitive guide, world-renowned philanthropist Charles Bronfman and lifelong expert and nonprofit leader Jeffrey Solomon show donors and potential donors how to become street-smart, effective philanthropists.

Despite their critical importance to philanthropy, donors have few resources for solid information—deciding what type of gift to give, how to structure it, the tax implications, what level of follow-up and transparency they should expect, among many other complexities. With candid, clear advice, this book fills that vacuum and helps anyone gain a special understanding of philanthropy as a business undertaking as well as a soulful process. It also shows nonprofits how to open a dialogue with the donors they serve to make smart, meaningful choices with their funds to create change.

Comprised of three key sections—The Donor, The Partners, and The Gift—The Art of Giving offers reflective questions, logistical answers, and endless resources to create a business plan for giving that works for you, regardless of income level. By exploring the differences between charity and philanthropy, the complexities of nonprofits, and the tools for making a thoughtful donation—as well as your own passions, concerns, and timeline—you will be better informed, able to confidently articulate your own interests, passions, and giving needs, and know the right questions to ask.

Whether you are a potential donor, active donor, or a nonprofit professional working with donors, The Art of Giving reveals how the act of giving benefits not only the recipient but also oneself.

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The Art of Giving: Where the Soul Meets a Business Plan

A unique guide to finding purpose, meaning, and results in the complex world of charitable giving

In this definitive guide, world-renowned philanthropist Charles Bronfman and lifelong expert and nonprofit leader Jeffrey Solomon show donors and potential donors how to become street-smart, effective philanthropists.

Despite their critical importance to philanthropy, donors have few resources for solid information—deciding what type of gift to give, how to structure it, the tax implications, what level of follow-up and transparency they should expect, among many other complexities. With candid, clear advice, this book fills that vacuum and helps anyone gain a special understanding of philanthropy as a business undertaking as well as a soulful process. It also shows nonprofits how to open a dialogue with the donors they serve to make smart, meaningful choices with their funds to create change.

Comprised of three key sections—The Donor, The Partners, and The Gift—The Art of Giving offers reflective questions, logistical answers, and endless resources to create a business plan for giving that works for you, regardless of income level. By exploring the differences between charity and philanthropy, the complexities of nonprofits, and the tools for making a thoughtful donation—as well as your own passions, concerns, and timeline—you will be better informed, able to confidently articulate your own interests, passions, and giving needs, and know the right questions to ask.

Whether you are a potential donor, active donor, or a nonprofit professional working with donors, The Art of Giving reveals how the act of giving benefits not only the recipient but also oneself.

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The Art of Giving: Where the Soul Meets a Business Plan

The Art of Giving: Where the Soul Meets a Business Plan

The Art of Giving: Where the Soul Meets a Business Plan

The Art of Giving: Where the Soul Meets a Business Plan

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Overview

A unique guide to finding purpose, meaning, and results in the complex world of charitable giving

In this definitive guide, world-renowned philanthropist Charles Bronfman and lifelong expert and nonprofit leader Jeffrey Solomon show donors and potential donors how to become street-smart, effective philanthropists.

Despite their critical importance to philanthropy, donors have few resources for solid information—deciding what type of gift to give, how to structure it, the tax implications, what level of follow-up and transparency they should expect, among many other complexities. With candid, clear advice, this book fills that vacuum and helps anyone gain a special understanding of philanthropy as a business undertaking as well as a soulful process. It also shows nonprofits how to open a dialogue with the donors they serve to make smart, meaningful choices with their funds to create change.

Comprised of three key sections—The Donor, The Partners, and The Gift—The Art of Giving offers reflective questions, logistical answers, and endless resources to create a business plan for giving that works for you, regardless of income level. By exploring the differences between charity and philanthropy, the complexities of nonprofits, and the tools for making a thoughtful donation—as well as your own passions, concerns, and timeline—you will be better informed, able to confidently articulate your own interests, passions, and giving needs, and know the right questions to ask.

Whether you are a potential donor, active donor, or a nonprofit professional working with donors, The Art of Giving reveals how the act of giving benefits not only the recipient but also oneself.


Product Details

ISBN-13: 9780470531754
Publisher: Wiley
Publication date: 09/29/2009
Sold by: JOHN WILEY & SONS
Format: eBook
Pages: 288
File size: 855 KB

About the Author

CHARLES BRONFMAN, of the Seagram's corporate family, is the founder of the Andrea and Charles Bronfman Philanthropies. He was cochairman of Seagram's, the founding owner of the Montreal Expos, and former chairman of Koor Industries Ltd., as well as chairman of the Montreal Jewish Federation and the first chairman of the United Jewish Communities. Among his many philanthropic duties, Bronfman sits on the boards of Mount Sinai Medical Center and Brandeis University.

JEFFREY SOLOMON is president of the Andrea and Charles Bronfman Philanthropies. He has taught the subject of philanthropy at New York University and has served on numerous nonprofit boards, including the Council on Foundations, where he chaired the Committee on Ethics and Practice. Solomon has been chief operating officer of the United Jewish Appeal Federation in New York, and he is a founding trustee of the World Faiths Development Dialogue.

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Table of Contents

FOREWORD vii
by James Wolfensohn

INTRODUCTION: Who We Are 1

PART ONE The Donor

1 Getting Started 11

2 The Joy of Giving 19

3 The New Philanthropy 23

4 Donors Come in All Types 29

5 The Soul of the New Philanthropist 39

6 Accelerants 57

7 Finding Your Niche 65

PART TWO The Partners

8 Do I Do It—or Do I Buy It? 81

9 Working with a Nonprofit 97

10 Running the Show 113

11 The Family 127

12 The Face in the Mirror 143

13 Philanthropy in Hard Times 153

PART THREE The Gift

14 A Glossary of Gifts 161

15 The Pudding Is in the Proof 175

16 A Little Financial Advice 189

17 On Innovations 203

18 Twenty Questions—Investing in Changing the World 213

EPILOGUE: Why We Are Here 217

PART FOUR Resources

RESOURCE A: Index of Nonprofit Resources 223

RESOURCE B: Further Sources of Information 259

ACKNOWLEDGMENTS 261

ABOUT THE AUTHORS 263

INDEX 267

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