Has the latest news about the Dow Jones Industrial Average falling created fear in your fundraising departments? (Read this USA Today article here.) Even though many popular stock market indexes are experiencing the first market correction of at least a 10-percent decline in 5-6 years since the financial crisis saw the Dow Jones Industrial index fall from over 14,000 to less than 6500, few people are predicting that the markets will fall below pre-recession highs. Under this scenario, wealthy donors still have quite a bit of appreciated property when compared to previous years’ lows for real estate and securities.
Look for more information about the impact of the Dow’s latest news in our October issue of Give & Take, which should be available during first week of October. In the meantime, you might consider fortifying your end-of-year donor appeal with one of our Year-End Giving brochures.