One of the great pleasures in working with nonprofits is being part of the excitement of a monumental announcement. Yesterday one of my clients, the Santa Monica-Malibu Education Foundation, announced the largest gift in its 30-year history. A donor bequeathed $4.8 million to the Foundation to assist the 16 public schools in the Santa Monica-Malibu Unified School District with critical needs in this era of dramatic budget cuts, as well as to establish an endowment in the donor’s name, honoring her parents’ legacy while providing ongoing individualized mentoring in the arts for underprivileged children in these schools.
The magnitude of this gift underscores the fact that donors are out there. They may not be well-known. They may not even be alumni of the schools they choose to support. But they are out there. It’s all about building relationships. Continue reading