Powering Up, Philanthropically |
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Authors: | Keith Whitaker |
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Institution: | (1) Center on Wealth and Philanthropy, Boston College, Chestnut Hill, MA, USA;(2) Family Dynamics at Calibre, Division of Wachovia Wealth Management, Reservoir Woods, 930 Winter Street, Suite 1500, Waltham, MA 02451, USA |
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Abstract: | Faculty members have an important role to play in helping to fund programs and direct donor dollars at colleges and universities.
This paper outlines the ‘golden age of philanthropy’ that the United States has currently entered, explaining the combination
of material resources and spiritual inclinations that have led to increased giving. It then outlines several principles that
faculty members should keep in mind in approaching prospective donors, including the reasons for giving, donors’ interest
in ideas, and the importance of persistence, local focus, and collaboration. Finally it offers several practical steps that
faculty members can take to marshal philanthropic support for their visions.
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Keywords: | Philanthropy Wealth USA |
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