Transformation Through Virtous Philanthropy

Mission: To inspire generations to abundantly fulfill their wealth legacy.

Wednesday, December 21, 2011

Bookmark: Donor-Centered Planned Gift Marketing

I'm pleased to share some news about my friend and fellow John Wiley & Sons author, Michael J. Rosen.

Rosen's book, Donor-Centered Planned Gift Marketing, recently reached the number one planned-giving bestseller spot at Amazon.com! This book "helps nonprofit organizations move beyond traditional marketing techniques that have historically yielded only modest results and reveals how putting the focus on the donor can produce the best outcomes for all."

Visit Michael's website to learn more.

Sign up for Margaret's e-newsletter at Margaret-May.com and get her book reviews and latest thoughts on Women, Wealth and Giving direct to your e-mail inbox.

Thursday, December 15, 2011

Ask Margaret: What Color is Your Abundant Heart?

Q: Does your heart follow philosopher Thomas Hobbes?
A: Philosopher Hobbes defined philanthropy as "desire of good to another, benevolence, good will, charity, good nature." Yet despite these words, Hobbes had difficulty thinking anyone who was a philanthropist did so except to "enhance the esteem or 'honor' in which he was held in the community or to promote his own security and power."

Q: Perhaps you believe the words of Thomas Browne?
A: Browne, an English physician who is credited with the expression "charity begins at home," believed that charity required both cool-headedness and humility.

Q: Do your deeds follow in the footsteps of Andrew Carnegie?
A: Carnegie expressed in his 1889 essay Wealth, which later became known as The Gospel of Wealth, "Thus is the problem of rich and poor to be solved. The laws of accumulation will be left free; the laws of distribution free. Individualism will continue, but the millionaire will be but a trustee for the poor; entrusted for a season with a great part of the increased wealth of the community, but administering it for the community far better than it could or would have done for itself."

Just giving money to the poor or needy was not acceptable without also teaching them moral lessons. Carnegie believed philanthropy's purpose was to "stimulate the best and most inspiring of the poor...for efforts to further their own improvement."

Take time this week to write down two authors or poets that inspire your giving. Does your giving philosophy align with your values? 

Do you have a question about women and philanthropy, wealth management or planned giving? E-mail Margaret at mm@margaret-may.com. Your question might be featured in an upcoming blog and e-newsletter.

Thursday, December 8, 2011

Bookmark: Connected: The Surprising Power of Our Social Networks and How They Shape Our Lives

Whether you prefer to connect face-to-face or via Facebook, you're sure to enjoy the book Connected: The Surprising Power of Our Social Networks and How They Shape Our Lives -- How Your Friends' Friends' Friends Affect Everything You Feel, Think, and Do by Nicholas A. Christakis, MD, PhD and James H. Fowler, PhD.

According to research by Christakis and Fowler, your friends and your friends' friends can make you fat -- or thin. Can they also make you a miser or a philanthropist? The authors reveal how our real-life social networks drive and shape virtually every aspect of our lives. Find out how easily we can be influenced by the people we choose to play, party and plot with.

Visit Amazon.com to learn more and purchase a copy.

Sign up for Margaret's e-newsletter at Margaret-May.com and get her book reviews and latest thoughts on Women, Wealth and Giving direct to your e-mail inbox.

Monday, December 5, 2011

Ask Margaret

Q: What, in your opinion and experience, is the most compelling reason that women donate their money?
-- Shannon, West Palm Beach

A: There are typically three reasons that compel women to give:
1. Tax benefits -- IRS charitable deductions as permitted on Form 1040.
2. Participation in a program sponsored by the organization; volunteered time and talent to the organization; or a connection to an organization through a friend or family member.
3. A personal experience or a family member's experience with services from the organization; or a strong affinity with the cause or mission.

Do you have a question about women and philanthropy, wealth management or planned giving? E-mail Margaret at mm@margaret-may.com. Your question might be featured in an upcoming blog and e-newsletter.