Aug 25, 2015
This is the Nonprofit Leaders Network Podcast: Episode 5. Today
we’re talking with Josh Brooks, Executive Director of Ensuring
Charity Foundation. Here are a few highlights:
THE BOARD LEADS THE WAY IN GIVING: The first group of people that
we went to was the board. Julie, my wife, and I established an
endowment. Dave and Debbie also established an endowment and then
Wayne and his wife, Lanie, established an endowment. So the board
put their money where their mouth is. I also had a couple of close
associates who were wanting to be philanthropic and I described
this vision to them and they were interested as well.
WAYS TO STAY IN TOUCH:
Something I read recommended ten touches a year. So we make a phone
call to each of our endowment founders quarterly, send happy
holiday cards, Christmas cards, and 4th of July cards which no one
else does. So, that kind of gets a little bit extra attention.
We'll probably send Veterans Day cards out because a large part of
our group so far is military folks.
We are doing a semi-annual newsletter and then we've got the
end-of-the-year campaign which includes the thank you phone call, a
thank you letter, an annual report on how the foundation is
performing, and then, of course, toward the end of the holiday
season, the annual solicitation. Last thing, we also do an annual
gift. You know, paper weight or a key chain or something like that.
So, if you're an endowment founder, you'll hear from the Enduring
Charity Foundation at least ten times a year.
SET AND TRACK GOALS: The great success for the first year is that
we achieved and then went beyond our initial goals. The way that I
describe the first year to people is it happened in thirds. The
first third was establishing the organization, getting the bank
accounts and ensuring that we were following regulations and laws.
The second third was getting our tax exempt status. The last third
was setting up seven endowments totaling $25,000 which will
generate a thousand dollars or so of support to those designated
charities year in and year out forever. So, it was a pretty darn
good first year.
Find more information on the podcast at www.SocialGoodInstigators.com.