Comments on: How Much is a Bequest Commitment Worth?

By: How Much is a Bequest Commitment Worth? | CaseyPruitt | Scoop.it

How Much is a Bequest Commitment Worth? | CaseyPruitt | Scoop.it — Tue, 29 Jan 2013 03:44:52 +0000

[...] A charitable bequest commitment has tremendous value for the organization receiving it. The value may be even greater than you realize. Bequest commitments are valuable in three important ways: … [...]

By: How Much is a Bequest Commitment Worth? | ZacharyHun | Scoop.it

How Much is a Bequest Commitment Worth? | ZacharyHun | Scoop.it — Mon, 28 Jan 2013 07:11:32 +0000

By: How Much is a Bequest Commitment Worth? | Great for Nonprofits | Scoop.it

Thu, 21 Jun 2012 06:42:28 +0000

By: How Much is a Bequest Commitment Worth? | Great Reads! | Scoop.it

How Much is a Bequest Commitment Worth? | Great Reads! | Scoop.it — Fri, 15 Jun 2012 21:25:49 +0000

By: Michael J. Rosen, CFRE

Michael J. Rosen, CFRE — Fri, 15 Jun 2012 03:51:08 +0000

Cathy, thank you for your kind comment. Your comment reminded me of a social service agency CEO who once asked me whether her organization was ready for a planned giving program. As we talked, I learned that the agency received about six bequest gifts per year. I told the CEO, “I’m not sure how to tell you this, but you already have a planned giving program. You just didn’t know it.”

More and more organizations are beginning to include planned giving in their development efforts. But, with only 22 percent of Americans over the age of 30 saying they have been asked for a planned gift, we as sector have a lot further to go.

By: Cathy Sheffield

Cathy Sheffield — Thu, 14 Jun 2012 15:16:58 +0000

Michael, thanks for such a great article this week. Not only are bequests the easiest planned giving vehicle for donors, the easiest for NPOs to market and considered the most common form of planned giving, they are proof that every NPO should stand up and proudly boast they DO HAVE a planned giving program.

As we all know, a planned giving program does not have to be a comprehensive program with a devoted staff person and a fancy title. Start with the promotion of a bequest program – even if the promotion is by word of mouth to donors and volunteers. Wouldn’t the world be a better place if all qualified charities had planned giving programs? I welcome the competition!!!

Thank you for this wonderful reminder.

Cathy

By: How Much is a Bequest Commitment Worth? « Krios Consulting

How Much is a Bequest Commitment Worth? « Krios Consulting — Mon, 11 Jun 2012 19:40:37 +0000

[...] than you realize. Bequest commitments are valuable in three important ways: …See on michaelrosensays.wordpress.com Like this:LikeBe the first to like this [...]

By: How Much is a Bequest Commitment Worth? | Nonprofit Management | Scoop.it

Mon, 11 Jun 2012 19:40:32 +0000

[...] background-position: 50% 0px ; background-color:#222222; background-repeat : no-repeat; } michaelrosensays.wordpress.com (via @MLInnovations) – Today, 2:40 [...]

By: Richard Freedlund

Richard Freedlund — Sun, 10 Jun 2012 16:41:55 +0000

Interesting article, Michael. I think an organization’s ultimate goal is to have donors remember them with planned gifts when the time comes. Donors want to leave their mark on society, and be remembered for doing something good.

I would agree that more emphasis should be put on people with smaller estates, as there are more individuals in that position, and that the very wealthy do tend to set up foundations and trusts. Every now and then, you will read about an organization which received a bequest from an individual who lived a frugal life that no one thought would be a major donor and benefited from their generosity. That is why respecting and appreciating every donor, regardless of their level of contribution, is so important.