The Future of Fundraising

Paul D’Alessandro, J.D., CFRE, is a vice president at Innovest. He is also the founder of High Impact Nonprofit Advisors (HNA), and D’Alessandro Inc. (DAI), which is a fundraising and strategic management consulting company. With more than 30 years of experience in the philanthropic sector, he’s the author of “The Future of Fundraising: How Philanthropy’s Future is Here with Donors Dictating the Terms.” 

He has worked with hundreds of nonprofits to raise more than $1 billion dollars for his clients in the U.S. and abroad. In addition, as a nonprofit and business expert — who is also a practicing attorney — Paul has worked with high-level global philanthropists, vetting and negotiating their strategic gifts to charitable causes. Paul understands that today’s environment requires innovation and fresh thinking, which is why he launched HNA to train and coach leaders who want to make a difference in the world.

Many in the nonprofit industry think things will always remain the same or evolve slowly. However, that couldn't be further from the truth. There’s a growing opportunity for innovation in social good — and one approach is impact investing, also known as mission- or values-based investing.

As a nonprofit fundraiser and attorney, I do my due diligence if I support a new nonprofit. Unfortunately, it's an open secret that financial firewalls within some nonprofits can be thin or non-existent. But nonprofits are businesses, and we should treat them as such.

Here are several reasons why it’s a bad idea to use year-end giving as a significant fundraising strategy.

More Blogs