Rowman & Littlefield Publishers
Pages: 150
Trim: 5½ x 9¾
978-1-5381-3788-8 • Hardback • November 2020 • $54.00 • (£42.00)
978-1-5381-3789-5 • eBook • November 2020 • $51.00 • (£39.00)
Deborah Kaplan Polivy served as the Director of the Endowment Foundation of both the Jewish Federation of Greater Springfield (Massachusetts) and New Haven (Connecticut). She started both of these organizations “from scratch” and also began a formal endowment development effort at Goodspeed Musicals, the original producer of Annie, as well as Connecticut Public Television.
As a consultant, Polivy has helped numerous organizations create endowment programs including training boards and staff on gift giving; developing recognition policies and procedures, as well as those for investing and managing monies; creating marketing materials and designing strategic plans for launching and implementing the respective efforts.
She is the author of two books on using the Donor Lifecycle Map to obtain and retain philanthropic contributions up to and including the endowment gift: Donor Cultivation and the Donor Lifecycle Map: A New Framework for Fundraising (Wiley, 2014) and TheDonor Lifecycle Map: A Model for Fundraising Success (Charity Channel Press, 2017.)
Polivy has conducted workshops across the United States and in Israel and has written numerous articles on the nonprofit sector in general and endowment development in particular. Her doctoral degree is from The Heller School for Social Policy and Management at Brandeis University where she is a member of the Board of Advisors.
Acknowledgements
Preface
Chapter 1: Let’s Call It What It Is: Endowment Development
Chapter 2: What Is An Endowment Contribution?
Chapter 3: Why Do We Need an Endowment or Maybe We Don’t
Chapter 4: A Case Study: The LIFE & LEGACY® Program of the Harold Grinspoon Foundation
Chapter 5: Who Are Endowment Donors?
Chapter 6: Welcome to the Office of the Chief Legacy Officer
Chapter 7: It’s Not All About Bequests
Chapter 8: How to Build an Endowment Program
Chapter 9: Conclusion
Appendices
Appendix #1: The LIFE & LEGACY® Program Generic Letter of Intent
Appendix #2: The LIFE & LEGACY® Program Legacy Plan Guide
Appendix #3: The LIFE & LEGACY® Program Partnership Agreement
Deborah Kaplan Polivy has written a very important book that should be read by anyone involved in financial resource development in nonprofit organizations. It has relevance for members of the professional staff and volunteers—both those sitting on the board and those involved in raising funds. In addition, it will be valuable for financial advisors, lawyers, and bankers who advise their clients when and how to allocate resources to the endowment funds of voluntary organizations they wish to support.... Overall, Polivy’s book can be useful both for nonprofits beginning to build endowments and for those with established funds that should review their practices and evaluate the success of their present approaches. It makes a valuable contribution to a field where there is a great lack of clarity about the purpose and structures of endowment funds.
— eJewish Philanthropy
It's high time for The Time for Endowment Building Is Now. For charities that intend to serve society into the future, ensuring financial sustainability is more important than ever before. Understanding and employing a common, clear language that describes the components of creating and building an endowment are crucial to the actual manifestation of the task. In The Time for Endowment Building Is Now, Deborah Polivy identifies and clarifies the many components of the confusing world of endowment building to help fundraisers develop and effectively employ policies, as well as convey what's important to philanthropically minded supporters. Today - not tomorrow - is the time to prepare for tomorrow, and this book explains how and why to do that.
— Doug White, philanthropic advisor, teacher, and author of five books, including Abusing Donor Intent: The Robertson Family's Epic Lawsuit Against Princeton University and Wounded Charity: Lessons from the Wounded Warrior Project Crisis Project