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Philanthropy in Ohio Using Trends to Plan for the Future May 4, 2013
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Philanthropy Ohio - Our Vision To be the leading voice and premier resource for philanthropy in Ohio.
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Our New Impact Statements Most trusted representative of Ohio philanthropy’s interests Preferred provider of what matters most to Ohio philanthropy Established connection to all forms of Ohio philanthropy
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Philanthropy in Ohio – a little history Charlotte R. Schmidlapp Fund, begun in 1908 in Cincinnati by Jacob G. Schmidlapp after the death of his daughter in a car accident in France. Schmidlapp founded Union Savings and Trust, which later merged into what is now Fifth Third Bancorp. He instructed the fund's trustees to make grants that would aid women to establish themselves in life. Today, the Charlotte R. Schmidlapp Fund in Cincinnati is the largest fund in the country dedicated exclusively to the needs of women and girls.
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Philanthropy in Ohio – a little more history Six years later, in 1914, Frederick P. Goff, President, the Cleveland Trust Company, started the first community foundation in the country and in the world in an effort to make philanthropic funds more responsive to the changing needs of the community. Today, The Cleveland Foundation ranks as the largest community foundation in the state with assets of over $1.7 billion.
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Philanthropy - Today Over 78,000 foundations in the US 72% are unstaffed 62.3% have less that $1million in assets $590.2 in total assets $46 billion in total grants 42% assets in 5 states WA, NY, CA, PA, TX 2011 Data – Foundation Center
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SO WHAT? The ultimate research question Your challenge this afternoon What trends are meaningful to you? Why? Capture a few, and we’ll share
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Philanthropy and the Multiple Matrices OR Using Trends to Thinking Strategically – Who is the Donor? – What does the Donor value? – How does the Donor give? – Why does the Donor give? Plan for the Future Finding the Trends Regional Demographic Psychographic
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Finding Regional Trends
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http://philanthropy.com/givingmap?cid=hag PBA http://philanthropy.com/givingmap?cid=hag PBA
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Philanthropy and Generationals “A generational identity is a state of mind shaped by many events and influences. Only you can define what generation you fit into.” Lancaster & Stillman, 2003
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Generational Diversity
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How People Give
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Women Who Give
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In the United States, the latest statistics show that there are more women controlling more wealth in the U.S. than ever before. (Of those in the wealthiest tier of the country -- defined by the I.R.S. as individuals with assets of at least $1.5 million -- 43 percent are women.)
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Women Who Give Furthermore, women are reported to control 83 percent of household spending and more than 50 percent of family wealth. The reality is that women, strengthened by increasing economic power and education, are the rising wave of philanthropists. About a quarter, or 26%, of all the contributions to candidates, PACs and party committees in the 2010 elections came from women, according to a new report called Vote With Your Purse. That's down 5 percentage points from 2008 and 4 points from 2006
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Women Who Give Women's income has risen more than 60 percent in the last 30 years, but women represent only 27 percent of individual hard money contributions to candidates, party committees and PACs Women drive charitable giving but don't associate political contributions with the social change of charitable contributions Mobilizing more political giving from women will require an emphasis on the 5 I’s that motivate women : impact, inspiration, information, inclusion and interaction
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Women Compared to Men
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Still Thinking Strategically Who is the Donor? What does the Donor value? How does the Donor give? Why does the Donor give?
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2011 charitable giving Total = $298.42 billion
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Types of recipients of contributions, 2011 Total = $298.42 billion
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Total giving by source in five-year spans, 1972–2011 (in inflation-adjusted dollars)
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Giving by type of recipient: Percentage of the total in five-year spans,1972–2011
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Total giving by type of recipient in five-year spans, 1972–2011
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Volunteer Rate 2002- 2011
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Philanthropy in Ohio – Today Ohio ranks 11 th in total giving.
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Ohio Gives Visit our website and download the full report online at: www.philanthropyohio.org
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Total Charitable Giving in Ohio $6.63 BILLION
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Individual Giving 1 in 4 Ohioans reports making charitable gifts in a given year.
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Income Level
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Ohio’s Grantmaking Foundations
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Top 10 by Giving
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What Foundations in Ohio Support
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What Individuals in Ohio Support
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Giving in Ohio 41,262 charitable organizations classified by the IRS as 501(c)(3) entities, Nonprofits employ about 11 percent of the state’s total workforce, close to 478,000 people Ohio’s 14,000+ nonprofits held assets of $102.98 billion and reported revenues of $60.99 billion in 2009.
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Giving in Ohio – What’s important According to the members of Philanthropy Ohio: Initiatives Results
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Initiatives
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Education Research Philanthropy Ohio's Education Advisory Committee report created for grantmakers, policymakers and the general public that identifies top education priorities of Ohio's philanthropic community. January 2013
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[1] Federal reporting requirements have recently changed and children whose parents or guardians do not choose an ethnic category are selected as multiracial by default, explaining the 57 percent increase. [1] Student Demographics 20052011% Change Statewide Student Enrollment1,772,9301,749,395 African American296,861287,974-3 Hispanic41,09761,12449 Multiracial46,69873,10457 White1,361,7741,294,742-5 Students with Limited English Proficiency 28,93635,29322 Students with disabilities254,078259,3022 Economically disadvantaged students 622,698785,08427
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NAEP Performance NAEP 20052011 % of 4 th graders at or above proficient in math 43%45% % of 4 th graders at or above proficient in reading 34% % of 8 th graders at or above proficient in math 33%39% % of 8 th graders at or above proficient in reading 36%37%
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Post Secondary Four-Year Ohio Public University Public University Regional Campus Public Two- Year College in Ohio HS Graduates Enrolling 26,0007,22313,261 Returning for Sophomore Year 91%85%62% Graduating with Degree/ Credential in Six Years 63%37%27%
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Adoption of the tax credit has the potential to raise significant dollars for use in communities, while making only a modest investment from state revenue. With a 20 percent tax credit and a tax credit pool of $20 million, endowment growth could reach $100 million in its first year, with 5 percent of this amount – or $5 million – issued in grants to communities. With a typical return on investment of $8 dollars for every $1 in grants, this would result in a one-year investment of $40 million in Ohio communities and a ten-year investment of $400 million.
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So Now to Trends… Yours: Mine: – Donor-directed funds – New models for giving – Electronic giving – More global – Philanthropy must work with education, health care and economic development – Must teach younger generations about giving
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Your Strategic Thinking Who is your Donor? What does your Donor value? How does your Donor give? Why does your Donor give?
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www.philanthropyohio.org
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