Using the Whole Whale - A Nonprofit Podcast WholeWhale.com

The Giving Block makes accepting Bitcoin donations easy with the #1 crypto solution for nonprofits, charities, universities, and faith-based organizations. We make fundraising cryptocurrency easy for nonprofits. Discover why cryptocurrency is the fastest-growing donation method for Millennial and Gen-Z donors.
 
This podcast discusses the current state and future potential of cryptocurrency philanthropy, featuring Pat Duffy from The Giving Block. The main topics covered include:
Crypto market recovery and its impact on philanthropy Despite the recent crypto bear market, the user base and total investments in cryptocurrency remain significant, with 1.4 trillion USD invested in the US and 1.3 trillion USD internationally. As the market recovers, nonprofits that continued to engage with crypto donors during the downturn are better positioned to benefit from the resurgence in giving.
Adoption of crypto donations by top US charities 56% of the top 100 US charities now accept crypto donations, driven by increased institutional adoption, regulatory clarity, and the emergence of cryptocurrency ETFs. This mainstream acceptance has led more nonprofits to recognize the importance of engaging with the growing crypto donor base.
Crypto donor demographics and giving behavior Crypto donors span multiple generations, with Gen Z, Millennials, and Gen X being the most active. On average, crypto users have higher incomes and are more likely to give larger donations compared to traditional donors. The average crypto gift size is 30 to 80 times larger than the average online gift.
Strategies for nonprofits to engage with crypto donors Nonprofits should make it easy for donors to give cryptocurrency by providing clear donation options on their websites and in fundraising communications. Engaging with crypto donors throughout the year, not just during market highs, is crucial for building relationships and maximizing the potential of crypto philanthropy.
Tax benefits of donating appreciated crypto assets Donating appreciated cryptocurrency directly to nonprofits allows donors to avoid capital gains taxes while still receiving a tax deduction. Educating donors about these tax benefits can encourage larger gifts and help nonprofits tap into the growing crypto wealth.
Overlap between crypto, stock, and donor-advised fund (DAF) giving Donors who give through appreciated assets like crypto, stocks, or DAFs tend to be higher net worth individuals who are aware of tax optimization strategies. Nonprofits should actively promote and solicit these giving methods to maximize fundraising potential.
The future of crypto philanthropy and the great wealth transfer With a significant portion of the $83 trillion expected to be passed down to younger generations (who are more likely to invest in crypto) through the great wealth transfer, nonprofits that engage with crypto donors now will be well-positioned to benefit from this shift in wealth and giving preferences.
The podcast emphasizes the importance of nonprofits embracing cryptocurrency as a giving method, making it easily accessible to donors, and actively engaging with the crypto community to maximize fundraising potential in the coming years.

NonprofitNewsfeed.com 
**This Week's Highlights: Tax Deductions and Corporate Philanthropy Shifts**
Welcome back to the Nonprofit News Feed with your hosts, George Weiner, Chief Whaler of Whole Whale, and Digital Strategist Nick Azulay. This week, we dive into the misconceptions surrounding charitable donations and tax deductions, and explore the evolving landscape of corporate philanthropy.
**Myth-Busting Tax Deductions in Charitable Giving**Despite popular belief, the majority of donors do not make charitable contributions solely for tax benefits. With most people opting for the standard deduction over itemizing their taxes, the tax incentive for charitable giving is not as significant as presumed. Research indicates that charitable giving is more influenced by economic growth and personal income levels rather than tax deductions. This revelation prompts a reevaluation of how nonprofits emphasize tax benefits in their fundraising appeals, suggesting a pivot towards showcasing impact and building donor trust instead.
**Corporate Philanthropy Undergoes Transformation**In a notable shift, major Minnesota companies like 3M, General Mills, and Thrivent are moving their philanthropic efforts in-house, away from separate charitable foundations. This transition raises concerns among nonprofit leaders about potential declines in funding and reduced transparency, as internal company-controlled organizations are not obligated to disclose as much information as traditional foundations. Despite assurances from these corporations about their ongoing commitment to community support, the move signals a broader trend in corporate social responsibility focusing on sustainability, diversity, and employee volunteerism.
**Insights and Implications**These discussions underscore the importance of transparency and the true motivators behind charitable giving. For nonprofits, the emphasis should be on the tangible impact of donations rather than tax benefits. Meanwhile, the corporate sector's pivot towards in-house philanthropy invites a closer examination of how these changes will affect the future of nonprofit funding and accountability.
**Final Thoughts**As we navigate these evolving narratives in the nonprofit sector, it's crucial to stay informed and adaptable. Whether debunking myths about tax deductions or understanding the implications of new corporate philanthropy models, the goal remains to foster a more transparent, impactful, and responsive nonprofit ecosystem.
 

nonprofitnewsfeed.com
Headline: AI's Impact on Nonprofit Sector: Language Translation, Education, and Philanthropy Trends
This week on Nonprofit News Feed, George Weiner and Nick Azoulay of Whole Whale discuss the potential implications of AI-powered language translation for the nonprofit sector, survey data on AI adoption in nonprofits, and optimistic predictions for philanthropic giving in the coming years.
The conversation kicks off with reflections on an article from The Atlantic pondering the future of foreign language education in light of AI advancements. The Whole Whale team acknowledges the incredible potential AI has for bridging language barriers, particularly in the context of nonprofits that serve communities with English as a second language. They explore the possibilities of using AI to increase accessibility to services and information, while also considering the cultural nuances and emotional aspects that AI may not fully capture.
George and Nick transition to discussing a Google survey revealing that while nonprofits recognize AI's transformative potential for marketing, many lack familiarity and in-house education on the technology. Despite the challenges, they underscore the importance of AI in increasing nonprofit employee productivity and the need for further education in the sector.
In a positive turn, the Lilly Family School of Philanthropy at Indiana University forecasts a rise in nonprofit giving over the next two years, attributing this growth to factors such as personal income, net worth, and stock market performance. George and Nick express cautious optimism, emphasizing the importance of such forecasts in boosting sector morale.
The duo also touches on Canada's nonprofit sector, which contributes a significant 8.2 percent to the country's GDP, highlighting the sector's role in the economy and society. They note the high percentage of women on nonprofit boards and the reliance on individual donations, comparing sector contributions between Canada and the U.S.
The episode concludes with a feel-good story about a local nonprofit in Milwaukee delivering 4,500 meals to seniors during Easter, showcasing the spirit of volunteerism and community support in the nonprofit world.
George and Nick's discussion paints a picture of a sector that is both excited and cautious about the rapid advancements in AI, aware of the potential benefits and the need for education and cultural sensitivity. As technology continues to evolve, nonprofits are encouraged to embrace AI tools while staying true to their missions and the communities they serve.
 

Transcript of NonprofitNewsfeed.com summary by CauseWriter.ai  
### Nonprofit News Roundup: Mackenzie Scott's Millions, Catholic Charities Under Fire, and the Battle for DEI
🎙️ **Mackenzie Scott's Philanthropic Impact and the Nonprofit Lottery**In this episode of the nonprofit newsfeed, your hosts George and Nick from Whole Whale dive into Mackenzie Scott's latest philanthropic move, where she donated a staggering $640 million to 361 nonprofit organizations, chosen from 6,353 applicants. This round of giving emphasizes supporting grassroots organizations tackling systemic challenges. The donations are "no strings attached," which, while beneficial, also present pressure for the organizations to use the funds wisely without the guarantee of ongoing support. The hosts explore the significance of Scott's approach to giving, which contrasts the traditional methods of philanthropy and her commitment to immediate impact.
🎙️ **Catholic Charities Facing Harassment Amid Political Tensions**The conversation shifts to a troubling trend highlighted in America Magazine: Catholic Charities staff are experiencing increased harassment, accused of aiding illegal immigration. Despite the challenges, Catholic Charities remains steadfast in their humanitarian mission to serve those in need. The hosts discuss the broader implications of such threats, not just for Catholic Charities but also for nonprofits working in politically sensitive areas.
🎙️ **The Legal Battle Over Diversity, Equity, and Inclusion (DEI) Initiatives**The episode also touches on a critical issue reported by Nonprofit Quarterly – the rising tide of anti-DEI lawsuits that threaten to reshape the nonprofit sector. Legal experts caution that affirmative action and race-conscious practices are under scrutiny, and nonprofits must navigate these challenges while staying true to their social justice missions. The hosts advise organizations to consult with legal experts to ensure they have diverse processes rather than rigid quota systems that could lead to litigation.
🎙️ **Elon Musk's Lawsuit Against Nonprofit Dismissed**In another segment, George and Nick discuss a dismissed lawsuit by Elon Musk against the Center for Countering Digital Hate. The judge's decision underscores the protection of free speech and the importance of nonprofits in standing up to bullies and misinformation. This victory for free speech reaffirms the rights of organizations to conduct research and make findings without fear of retaliation.
🎙️ **Feel-Good Story: Rescued Horses Helping Veterans**To end on a high note, the hosts share a heartwarming story from Redding, California, where the Caring Heroes Ranch is making a difference by pairing rescued horses with veterans coping with PTSD and high-stress jobs. This intersection of animal welfare and community service exemplifies the unique ways nonprofits can create positive change.
🎙️ **Final Thoughts and Dad Jokes**The episode wraps up with a bit of humor, including a punny joke about "prime mates" in light of Mackenzie Scott's donations, which originate from her Amazon wealth. The hosts also mention CauseWriter.ai, a tool for creating nonprofit-themed jokes, showcasing the lighter side of the nonprofit world.
**Engage with the Conversation**Listeners are encouraged to reflect on the implications of these stories for the nonprofit sector and to consider how their organizations might respond to similar challenges. For more insights and to keep up with the latest nonprofit news, make sure to subscribe to the nonprofit newsfeed email.
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Inside the Movement to Ban Lab-Grown Meat | Mother Jones
 
Nonprofits like the Good Food Institute are stepping into the fray, advocating against bans on cell-cultured meats and pushing for progress in alternative proteins, arguing that stifling this nascent industry could hinder innovation and fails to advance health or safety. These organizations emphasize the potential environmental benefits of lab-grown meats, considering the significant methane emissions from livestock, and seek to safeguard the freedom of consumers and businesses in the food system. Their involvement underscores the critical role nonprofits play in shaping food policy and promoting sustainable solutions in the face of legislative challenges that could impact the future of food and the environment.
 
 
 
Tax exemption on catered fundraiser meals for nonprofits
 
Michigan House Bill 5596 is on the legislative menu, and it's serving up potential savings for your next big event. This bill is all about dishing out a tax exemption for catered meals at nonprofit fundraisers, which could slice a nice piece off the costs of hosting those grand soirees. If this bill gets the legislative thumbs-up, nonprofits could find themselves plating extra cash towards their mission-critical programs instead of forking it over in taxes. It's a fiscal move that could have nonprofits saying "Bon Appétit" to more effective budgeting and amplified community impact.

Nonprofitnewsfeed.com
George Weiner and Nick Azulay of Whole Whale discuss various topics including a milestone for Whole Whale's YouTube account, the first nonprofit-backed satellite launched into space, election concerns for nonprofits, and a nonprofit initiative to eliminate medical debt.
The Environmental Defense Fund's MethaneSAT, the first nonprofit satellite, aims to map methane emissions globally.
Nonprofits are preparing for the upcoming election season and its impact on communications and fundraising.
Legal challenges faced by the Annunciation House, a nonprofit supporting migrants, highlight the political pressures on nonprofits.
RIP Medical Debt's partnership to alleviate $700 million in medical debt in Wayne County is celebrated.
Critical Insights, Statistics, and Quotes:
MethaneSAT is a game-changer, providing high-resolution data on methane emissions to the public, which could hold industries and governments accountable for climate change mitigation.
Methane, though less discussed than CO2, is a potent greenhouse gas responsible for 20% of global warming from human activities.
Nonprofits are both concerned and optimistic about the upcoming election; they must navigate a political climate that could overshadow their messaging.
Legal battles such as the one faced by Annunciation House underscore the intersection of nonprofit work and political agendas.
The collaboration between nonprofits and municipalities, as seen in the partnership with RIP Medical Debt, showcases innovative approaches to solving pressing social issues.
Calls to Action:
Nonprofit professionals should consider how their messaging may align or conflict with political narratives in the upcoming election season.
Organizations might explore partnerships similar to RIP Medical Debt to amplify their impact.
Closing Thought: The nonprofit sector continues to innovate and push boundaries, from space missions to social justice, demonstrating the power of focused efforts and strategic partnerships on Earth and beyond. Let's celebrate these milestones and brace for the challenges ahead, always remembering the core mission of serving communities and the planet.