Sharpe Blog

Spring falls in 2020 The global pandemic sent shockwaves through the economy and led to a major stock market correction and recession in the spring of 2020. The U.S. GDP fell 33.1% during the second quarter of 2020. Many would expect the overall number of wealthy Americans would fall significantly. Initial reports indicated this was …Read More

Notwithstanding the enormous subsidies under the Internal Revenue Code for qualified retirement plans, the bottom two quartiles of workers are not broadly participating. In a recently released study from the Joint Committee, the “take-up rate” is only 76% of workers with access to a qualified retirement plan actually participate.1 In other words, 24% of workers …Read More

Most nonprofits are often evaluated on two measurable objectives: Program Efficiency: How efficiently does an entity accomplish their mission? Program efficiency is a measure of the amount spent on a program as a percentage of total spending. Fundraising Efficiency: How effective is the nonprofit at raising philanthropic dollars for their program? Fundraising efficiency is a …Read More

When I was a young development officer, Bob Sharpe Sr. explained to me that the most important word in every language was a personal name, whether for an individual or family. Fundraisers have long embraced the idea of “commemorative naming opportunities” ranging from very small items like bookplates in a library (remember books?) and bricks …Read More

The head of the planned giving program is often requested by the head of development and/or finance to estimate the organization’s share of a deceased supporter’s estate. Usually, the executor or legal counsel is cooperative in providing a rough estimate of any residuary shares. Before communicating a number, the planned giving officer needs to understand …Read More

Sharpe Group has been studying donor communications strategies for over 50 years. We know that a multi-channel marketing approach is necessary to effectively communicate with distinct age groups who may have different ways of getting information. We also know that more “touches” with a wider variety of communications mediums can improve overall engagement and is …Read More

For many years, charities have lobbied to allow assets held in IRAs to be a source of funds for remainder trusts and gift annuities. They may be on the cusp of achieving this goal. HR 2954 Securing a Strong Retirement Act of 2021 will directly—and perhaps indirectly—impact charitable giving of donors 70.5 and older. As …Read More

According to recent estimates, 67% of U.S. households—some 85 million families—own pets. Last year, Americans spent almost $100 billion on their pets for everything from food and toys to veterinary care. When you consider these statistics and the fact that pets are often considered important members of the family, it is no surprise they are …Read More

For the past couple of weeks since I joined the Sharpe Group team, I have been immersing myself in Sharpe’s mission, vision and history. And what a history! The more I learn, the more honored I am to be a part of this team. Sharpe Group, soon to be 60 years strong, was founded by …Read More

The past year has been unlike any other. During a global pandemic that has taken the lives of nearly 600,000 Americans, many in the U.S. have lost their jobs (some permanently), and the economy has been uncertain for most of 2020 and into 2021. COVID-19 has also impacted charitable giving and estate planning but not …Read More