Mapping the New World of American Philanthropy: Causes and Consequences of the Transfer of Wealth - Hardcover

Raymond, Susan U.; Martin, Mary Beth

Hardcover

ISBN 10: 0470080388 ISBN 13: 9780470080382

Publisher: Wiley, 2007

Synopsis

Praise for Mapping the New World of American Philanthropy Causes and Consequences of the Transfer of Wealth "This book does a wonderful job of guiding the reader through the increasingly changing world of philanthropy. These changes must drive dramatic change in the not-for-profit sector if it is to respond efficiently and effectively. Only then will we be able to maintain the quality of our society." --Thomas J. Moran, Chairman, President, and CEO of Mutual of America "The Great Wealth Transfer has been a mantra for years for fundraisers and donors alike. What does it really mean? Susan Raymond and Mary Beth Martin bring rigorous analysis and profound insights to the phenomenon in this book, which provides the definitive map for navigating a brave new world of philanthropy." --Fiona K. Hodgson, Vice President for Leadership Giving, Save the Children The anticipated transfer of wealth between generations--and its practical implications for philanthropy--is the subject of much interest in the nonprofit community. Edited by noted nonprofit experts Susan Raymond and Mary Beth Martin, Mapping the New World of American Philanthropy offers candid, insightful essays that offer an insider's look at every angle of wealth transfer, with contributions by leaders in the field of philanthropy, including: Marc H. Morial Preston H. Koster Steven DiSalvo Nora Campbell Wood Rodney W. Nichols With hard-to-find data, graphs, and charts, as well as other practical tools, Mapping the New World of American Philanthropy is your seminal guide to prepare for the coming intergenerational transfer of wealth that will affect your nonprofit and?philanthropy in general. Get practical insights and strategies from the most experienced wealth transfer leaders and practitioners in America.

About this title

About the Author:

Susan U. Raymond, PhD, is Senior Managing Director of Research, Evaluation, and Strategic Planning for Changing Our World, Inc. and its philanthropy division, Archimede Philanthropy Partners. She has extensive experience in research, analysis, and planning, most recently with the prestigious New York Academy of Sciences. At the Academy, she created the first technology and public policy program, and then became Director of Strategic Planning and Special Projects. Prior to this, Dr. Raymond was a project officer at the World Bank and a senior consultant to the U.S. Agency for International Development and to various private organizations including the Carnegie Corporation, specializing in healthcare and international economic research. Mary Beth Martin, Esq., is a Senior Managing Director at Changing Our World, Inc. and its philanthropy division, Archimede Philanthropy Partners, overseeing the firm's Boston office. With nearly twenty years' experience in the fundraising field, she has done extensive work in higher education, focusing primarily on planned giving, major gifts, and capital campaigns. Since joining Changing Our World, she has provided planned giving advice to numerous clients, in addition to providing fundraising strategy and capital campaign oversight. She has addressed both national and regional organizations as well as numerous nonprofit boards and development professionals on the topic of planned giving.

From the Inside Flap:

Mapping the New World of American Philanthropy

Causes and Consequences of the Transfer of Wealth

In the next several decades, as much as $41 trillion will change hands from members of the baby boomer generation to their progeny, and to some extent, America's charities. The ranks of those charities have grown enormously. In 1940, the nation had 15,000 nonprofits; today there are an estimated 1.5 million. If even a third of today's high-end estimate of the resource transfer actually reaches nonprofits, that $6 trillion is six times today's annual income flow. What happens when this bushel-full of money rains down on nonprofits? How will they respond to the managerial and organizational challenges Can the current system support this new influx of money?

Starting with the Preface by Judith Giuliani and the Introduction by Michael Hoffman, Chairman of Changing Our World, Inc., Mapping the New World of American Philanthropy is the most authoritative collection of essays ever amassed on wealth transfer. Its contributors, comprising an unprecedented compilation of professionals--financial planners, lawyers, financial analysts, and planned giving experts, among many others, tackle these and other thought-provoking issues in a lively, informative manner. Edited by Susan Raymond and Mary Beth Martin, leading philanthropic professionals, this group of experts takes old mindsets and dogmas on wealth transfer and holds them up to the light of day to reveal how nonprofits can prepare for the coming intergenerational transfer of wealth.

Required reading for nonprofit and philanthropy managers, board members, volunteers, and policymakers, Mapping the New World of American Philanthropy takes an honest look at every facet of wealth transfer: the expected trends, the potential impact on the nonprofit system, the impact on governmental policy, as well as the expanding role of family foundations, women, and donor-advised funds.

About this edition

• Publisher: Wiley
• Publication date: 2007
• ISBN 10: 0470080388
• ISBN 13: 9780470080382
• Binding: Hardcover
• Edition number: 1
• Number of pages: 336