Hot Topics in Philanthropy Breakfast Series
The New Philanthropy: What Donors Want. What Donors Need
featuring Keynote Speaker: Claire M. Costello, National Executive for Philanthropic Management for Bank of America
June 6, 2008
7:30 a.m. to 10:00 a.m
registration and continental breakfast beginning at 7:30 a.m.
Blake Student Commons
FREE and open to the public! Register online today!
Since 1990, charitable donations by individuals have grown by half, from $110 billion to $164 billion in 2001, and then sky-rocketed to $295.02 billion in 2006. Despite erratic markets, the wealthy continue to get wealthy, and many are looking at ways to create a philanthropic impact beyond writing a check. But outside the uber-wealthy of the country, about 65% of households with incomes less than $100,000 give to charity. What motivates these individuals to give, especially in the midst of difficult economic times?
So what is this new philanthropy? What is the impact of these changes in how people think about their giving and what does it mean for nonprofits and their fundraising efforts? In this new era of philanthropy, what do donors want? What do donors need?
Come hear about the new philanthropy. It is hands-on, ambitious, targeted, global and results-driven.
Join us to hear keynote speaker, Claire Costello, National Executive for Philanthropic Management for The Bank of America, who will overview the most important trends in this new philanthropic era. Prior to this appointment, Ms. Costello was an independent consultant serving the philanthropic management needs of wealthy individuals and institutional clients. Previously she founded and directed the philanthropic advisory services group for Citigroup’s private bank.
Panel Discussion -
Moderator: Joel Weiss, President & CEO, United Way of Pioneer Valley.
Hear firsthand from local nonprofit and corporate leaders who will respond to Ms. Costello’s presentation with their own personal insights about what this new philanthropy means for our region.
Panelists:
- Susan Dunn, President and Chief Executive Officer, United Way of the Capital Area of Connecticut
- Beverly Holmes, Senior Vice President and Executive Officer of Retirement Services, MassMutual
- Dianne Fuller Doherty, Regional Director of the Western Massachusetts Regional Office of the Massachusetts Small Business Development Center Network (MSBDC)
Keynote Speaker:
Claire M. Costello, National Executive for Philanthropic Management for Bank of America
Claire Costello is a graduate of Amherst College and NYU School of Law. She practiced law as a litigator in both the public and private sectors for 12 years, prior to which she clerked in the U.S. District Court. She has extensive experience in the nonprofit sector and has served as a Director of several organizations. Claire is the National Practice Executive for Philanthropic Management for Bank of America. In this capacity, she addresses the philanthropic needs of both individual and institutional clients. Previously, Claire founded and directed the Philanthropic Advisory Service of The Citigroup Private Bank. In that capacity, she worked with high net worth individuals and their families to address the unique personal and interpersonal issues that accompany substantial wealth. Her mission was to help clients define and reach goals consistent with their values regarding family, wealth and philanthropy, and move from a general sense of purpose to a more specific and strategic way of giving. Through the identification of clients’ personal values and vision, she helped to make their philanthropic commitment more effective and rewarding. Claire has had extensive involvement with a variety of nonprofit ventures which enables her to better assist clients in making a broad range of philanthropic decisions.
For more information on this event contact Mary Carsten at 413.565.1056.
Sponsored by The Graduate School at Bay Path College
The M.S. in Nonprofit Management and Philanthropy/Graduate Certificates in Fundraising Management and Nonprofit Management
