The nonprofit sector has never had more assets at its disposal, or
faced more pressing demands and challenges. Nonprofits are currently
estimated to have assets of $2 trillion and annual revenues exceeding
$700 billion. However, between now and 2052, baby boomers are expected
to transfer an additional $6 trillion in bequests to nonprofit organizations.
The unprecedented size of this opportunity has forced traditional Planned Giving organizations, such as community foundations and federations, into direct competition with traditional financial services organizations and wealth management providers.
The major challenge is for Planned Giving organizations to continue to grow and support their philanthropic mission in the face of this stiff new competition.
Fiduciary Technology Partners ("FTP") can help Planned Giving organizations grasp this opportunity and overcome the challenges to maximize their mission.