Sharpe Blog

With Dec. 31 right around the corner, another calendar year is drawing to a close. Traditionally, the final quarter is the most generous time of the year for charitable giving. Many charitable organizations receive between one fifth and one quarter of their yearly gifts in December alone! In addition to your other fundraising activities, you …Read More

Introduction The price index for American consumer goods rose at an annual rate of 4.2% for the month ending in July. This is the fastest pace since January of 1991. While Fed Chairman Jerome Powell believes the inflation spike is temporary, now might be an appropriate time to examine how an inflationary environment would impact …Read More

Nudge theory suggests positive reinforcement and indirect suggestions can influence the behavior of an individual. The concept became mainstream with the 2008 book “Nudge: Improving Decisions About Wealth and Happiness” by professors Richard H. Thaler and Cass R. Sunstein. They argued that more people would have more saved for retirement if employers created default retirement …Read More

The final three months of the year are traditionally the busiest for fundraisers at charitable organizations, and now is the time to prepare. Many nonprofits receive between 30% and 40% of their yearly gift total during the final six to eight weeks of the year. Understanding how and why people choose to give at this …Read More

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