Major donors can literally transform an
organization and make a magnificent impact on the communities
that the dollars assist. What motivates people to give thousands
of dollars to charity? At the heart of this transformative
giving is a deep-seeded interest in translating values and
beliefs into operational action.
Let's look more closely at what motivates a person to make
this type of investment in your organization:
- People want to be part of change. When
people see that their dollars can make a significant change
in the lives of a child; turn an injustice into a community
of freedom; or help a community after a devastating natural
disaster, they are likely to offer their support.
- To give back to their community. This
is especially true for people who were not raised wealthy,
but worked hard for their wealth. They want to give a transformational
gift as a way to give back to their community.
- To engage in an issue that personally impacted
them. Frequently, these people do more than
just write a check, they also get involved on the board
of directors and as volunteers.
- To ensure that others have what they did not
have when they were a child. We see this with immigrant groups
that have come to America to escape persecution and now
set up major institutions to remember the past or celebrate
the accomplishments of their people. I have seen this
often in the Jewish community where the transformative
donor has gotten back to their roots by supporting major
Jewish-related institutions.
- To support communities that have helped them
turn their job into great wealth. We see this
with corporate executives and CEOs that have made their
money in Detroit or Peoria and now want to give back
to the community that has supported them in their rise
to wealth and power. These people become icons in their
community and give millions of dollars to support the
arts, cultural, educational and medical organizations.
- To schmooze with people that are similar to them. People
like to spend time with people who they jibe with and who
share their values and beliefs.
- To help assure the continuation of the institutions
they love. This is one of the reasons Harvard
University has a $23+ billion endowment -- people who
attended it want to see it thrive.
- To obtain a lifelong legacy and be recognized
in the community. This is why people name buildings,
business schools, hospitals and other major capital projects
after the major transformative donor. The donor wants
the long-term recognition.
- To invest in the future of the community. Some
donors want to be a major part of the growth of an institution
or a community, and they want to be recognized for giving
money by receiving awards, accolades and honors.
- To demonstrate that it can be done and is possible. This
is important especially among entrepreneurs who have overcome
odds to get to where they are.
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