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🕵️‍♂️ INVESTIGATION: How Donation Platforms "Lock-In" Nonprofits By Making Migrating Monthly Donors Nearly Impossible (news)

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Manage episode 493013391 series 3078796
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In this week's episode of the Nonprofit Newsfeed, George and Nick delve into the critical issue of donor data ownership within donation platforms. They reveal that for 25% of platforms, nonprofits cannot seamlessly migrate recurring donors, potentially severing relationships with monthly contributors. George emphasizes the importance of understanding donor payment tokens and the impact of being locked into platforms without data portability.

The episode also touches on the philanthropic landscape, highlighting Warren Buffett's record $6 billion donation to various foundations and the ongoing influence of billionaire philanthropy. This brings into focus the necessity of smart, long-term philanthropic planning to avoid potential pitfalls of sudden funding withdrawals.

Moreover, the conversation shifts to the legislative sphere, discussing the ramifications of the "big, beautiful bill" that threatens significant cuts to Medicaid and SNAP benefits, impacting millions of Americans. The hosts underline the urgency for nonprofits to prepare for increased demand on their services and the potential closures of rural hospitals and food banks due to these cuts.

  continue reading

300 episodes

Artwork
iconShare
 
Manage episode 493013391 series 3078796
Content provided by WholeWhale.com. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by WholeWhale.com or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this week's episode of the Nonprofit Newsfeed, George and Nick delve into the critical issue of donor data ownership within donation platforms. They reveal that for 25% of platforms, nonprofits cannot seamlessly migrate recurring donors, potentially severing relationships with monthly contributors. George emphasizes the importance of understanding donor payment tokens and the impact of being locked into platforms without data portability.

The episode also touches on the philanthropic landscape, highlighting Warren Buffett's record $6 billion donation to various foundations and the ongoing influence of billionaire philanthropy. This brings into focus the necessity of smart, long-term philanthropic planning to avoid potential pitfalls of sudden funding withdrawals.

Moreover, the conversation shifts to the legislative sphere, discussing the ramifications of the "big, beautiful bill" that threatens significant cuts to Medicaid and SNAP benefits, impacting millions of Americans. The hosts underline the urgency for nonprofits to prepare for increased demand on their services and the potential closures of rural hospitals and food banks due to these cuts.

  continue reading

300 episodes

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