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Community Foundation of Tampa Bay on Cafe con Tampa
President and CEO Marlene Spalten and Vice President of Community Impact Jesse Coraggio discuss the nonprofit sector and community needs — especially the impact of COVID-19. They explain why it’s beneficial for donors and nonprofits to work with the Community Foundation. Issues discussed included education, the arts, economic development and more.
Nonprofit organizations have long known that the IRS Form 990 is more than just a tax filing. It is a public document that funders, donors, watchdog organizations, journalists, and community partners often review to better understand an organization’s governance, financial stewardship, and mission impact.
As Millennials accumulate wealth and Gen Z advances through its early working years, these younger donors are increasingly embracing strategic philanthropy, with many prioritizing purpose-driven giving, recurring donations, donor advised funds, and charitable organizations.
For years, experts have talked about the coming “Great Wealth Transfer”—the massive movement of wealth expected to pass from Baby Boomers to younger generations over the next two decades. But are you seeing it at your organization?
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