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African American Giving. Marybeth Gasman University of Pennsylvania & Nelson Bowman III Prairie View A&M University. African American Wealth. Investment in stock market is up 30% 48% own their own home $1.1 trillion in buying power (2015) - PowerPoint PPT Presentation
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African American Giving
Marybeth Gasman University of Pennsylvania
&Nelson Bowman III
Prairie View A&M University
African American Wealth
•Investment in stock market is up 30%
•48% own their own home
•$1.1 trillion in buying power (2015)
•18.5% of African American families earn $75,000+
•8.5% of African American families earn $100,000+
What are We Losing?
• Donors• Volunteers• Advocates
Diversity in Fundraising
“Black philanthropy is based on a communal notion of philanthropy.”
-National Center on Black Philanthropy
• Beginning in 1600s,a history of self-help and volunteerism
• By the late 1700s, organized philanthropy takes shape with mutual aid societies
• By the 1800s, Black church in full swing• Sororities, fraternities, elite organizations• Civil Rights-oriented philanthropy• Today, African American Foundations
History
• Emergency assistance to family & friends• Religion• Education & Scholarships• Civil rights causes and social issues• Health-related causes, including sickle cell, cancer,
HIV/AIDS
Why African Americans Give and To What Causes
What Motivates African Americans to Give in General
• Racial uplift• Sense of obligation• Religious influence• Peer & family influence• Visible results
Best Approaches
• Appeals tied to “racial uplift”
• Personal approaches• Connections to clergy• Trust• Collaborative
fundraising
Racial Uplift
Personal Touch
Connecting to Clergy
Trust
Collaborative Fundraising
• Blacks give in small amounts over time, and for emergencies
• Tax benefits are not most important • A sense of obligation and commitment to
racial uplift drives Black alumni giving• Trust is absolutely essential to giving;
respond to concrete causes
What You Need to Know
Questions to Ask Yourself
• What percent of your constituients are represented by African Americans?
• What staff positions support your work targeting African American donors?
• Which African American affinity groups do you currently target through your fundraising efforts?
• What have you done so far to reach and engage African American donors?
Contact Information:
Marybeth Gasman
Nelson Bowman III