CATHOLIC PHILANTHROPY TRANSACTIONS VERSUS RELATIONSHIPS USF Institute on Catholic Educational Leadership.

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Presentation transcript:

CATHOLIC PHILANTHROPY TRANSACTIONS VERSUS RELATIONSHIPS USF Institute on Catholic Educational Leadership

Today’s Roadmap Wealth Today: New Realities for Jesuit Education How have the Donors Changed? Why Do Wealth holders Need You?

RECOVERING PHILANTHROPY Household Income Declined By 25% Richer households have disproportionately benefited from the boom in the stock market. Dow average more than doubled in value since 2009 Charitable Contrib. ( $ 307b) declined by 6% - largest in 53 years Charitable Contrib. ($335b) increased by 4.5% over previous year

New Heights for Jesuit Education Boston College “ Light the World” $1.5 B Georgetown University “ Generations to Come” $1.5B 10 Top Jesuit Universities $7 Billion in Endowments

CATHOLIC ALUMS IN THE SUPER CHIPS  Mario Gabelli - $69 M GAMCO  Brian Moynihan - $12 M Bank of America  Jack Dorsey – $ 2.2 B Twitter  Kevin Plank - $3B Underarmour

“The worship of the ancient golden calf has returned in a new and ruthless guise,” in the idolatry of money and the dictatorship of an impersonal economy lacking a truly human purpose.”

THE US CHURCH $171 BILLION ANNUALLY Health Care $98 Billion Higher Education $48 Billion Parishes and Schools $11 Billion Charities$4.7 Billion Other$9.3 Billion

COMPARING THE OLD AND NEW CATHOLIC PHILANTHROPY Today Fewer Connections Weak Per Capita Giving Demands for Transparency Diminishing Public Support Foundations Many more in super wealth More Competition for Their Funds from Secular Causes Pro Active Independent/ More secular influ. Yesterday Institutional Generous Low Accountability Public Support Foundations: Few Localized Passive Loyal to Leadership Religious

New Initiatives in Catholic Philanthropy

BUILDING A CULTURE OF ENGAGEMENT New Possibilities for Jesuit Education’s Formation of Donors More course work in philanthropy/ New Center for Catholic Philanthropy Wealth as the subject of lectures and conferences Research on Giving and Volunteering Donor forums for Foundation interaction with Faculty and students Intensified recruitment of students from affluent families Formation of giving circles among students Help wealthy board members evaluate and professionalize their philanthropy Sponsor international donor immersion travel Recognize philanthropy that reflects Catholic social principles

COLLABORATORS IN MAKING GOD’S MERCY AND LOVE COME ALIVE

DISCUSSION QUESTIONS Take 20 Minutes and choose one or two of the following: How would you describe the relationship with major donors on your board? In what way could your institution help its donors to be more self reflective about the social impact of their wealth? How can your institution better engage its stakeholders around the use of wealth and their role as agents of God’s mercy and love?