• The Psychology Behind Philanthropy: Revealing the Identity-Driven Donor Journey
    Aug 26 2024

    What drives ultra-high net worth individuals to part with substantial portions of their wealth for the greater good? Our fascinating guest, Dr. Jen Shang, the world's only philanthropic psychologist and co-author of "Meaningful Philanthropy: The Person Behind the Giving," unveils the complex interplay between identity and altruism. You'll gain exclusive insights into how giving is not just about selflessness but is deeply rooted in personal identity, love, and psychological well-being. Jen's extensive research reveals that the true joy of philanthropy lies not in the amount donated, but in the meaningful impact and personal connections forged.

    Unlock the secrets to fostering long-term, meaningful relationships between fundraisers and philanthropists in our next segment. We'll discuss the critical need for patience, understanding, and extensive research to cultivate these deep connections—sometimes taking decades to fully develop. You'll learn effective strategies for communication and engaging donors in a way that integrates their personal journeys with the missions they support. This episode is a treasure trove of insights for anyone interested in the nuanced world of philanthropy and the psychology behind giving. Tune in and transform your perspective on what it means to give meaningfully.

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    24 mins
  • AI and Data: Revolutionizing Major Donor Prospecting Strategies
    Aug 24 2024

    Ever wondered how data could revolutionize nonprofit fundraising? Join us as we uncover the transformative potential of data in making fundraising more efficient and impactful. Featuring Doug Kaczmarek, the Chief Data Officer at Moore, we promise you'll learn how cutting-edge technology and data overlays are optimizing marketing campaigns and donor targeting through their platform, SimulCloud. With an astounding 45,000 data points per consumer, discover how nonprofits can save costs and significantly improve outreach accuracy.

    We dissect surprising donor data insights and reveal strategies that capitalize on these findings. Find out how AI can convert what was once dismissed as 'junk mail' into personalized, compelling appeals. Discover the unique challenge of converting crisis-driven donors, who emerged during the pandemic, into steadfast supporters. Also, learn why tribute givers should be viewed as more than just one-time donors, uncovering their hidden affluence and potential for becoming significant contributors to your cause.

    As we navigate the complexities of changing donor demographics and the impending generational wealth transfer, you'll gain a deeper understanding of the motivations behind high-net-worth donors and the influence of peer networks. Delve into the intricacies of engaging younger donors with differing financial priorities and philanthropic habits. We emphasize the necessity of updating data models to reflect these evolving trends and the crucial role of investing in robust data infrastructure. By leveraging predictive models, nonprofits can better align donors with their missions, ultimately enhancing their fundraising success and impact.

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    26 mins