Minorities & Charitable Giving: Short Research Paper

Published: 2021-06-29 06:40:40
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Minorities & Charitable Giving: Short Research Paper[pic 1][pic 2]Table of ContentsTable of Contents        Abstract        Defining Minorities in Philanthropy        Implication of statistical data        Challenges of Minority Population in Fundraising        Biases        Difficulty in understanding the cultural values        Ineffective outreach to ethnically and racially diverse populations        Highlights on the Minority Giving Trends        Charities Response to Minority Inclusion        Organization level        Donor level        Case Study: Asian Culture        Giving trends        Conclusion        Appendix        Religious diversity by population…………………………………………………………………….. 8Language diversity by population        Ethnical diversity by population………………………………………………………………….. 8     Business firms owned by race………………………………………………………………………….. 8Sample: Targeting South Asian donor’s for higher education giving        AbstractThe paper examines the impact of the shifting racial demographics within the United States on fundraising. Members of minority groups are expected to outnumber whites in the United States by the year 2050, according to projections based on current population trends. Raising money from minority groups is still not a priority for a majority of institutions, but changing demographics may persuade them to chart another course as the minorities (Blacks, Asians, Hispanics, and Native Americans) begin to give more. Charities will need to interact with donors who may not necessarily look like them, think like them, or act like them in terms of their giving habits.The paper highlights the trends and examines ways in which charities can be proactive in embracing the new demographics. The paper looks at the specific case of: South Asian philanthropic habits. Through this, it attempts to deliver specific guidelines that charities can adopt when approaching the donors. Defining Minorities in PhilanthropyThe United States is gradually becoming more culturally and ethnically diverse nation. As minority groups grow in proportion to the United States population, charities are increasingly reaching out to more and more people with diverse backgrounds in terms of clients, staff and donors.  Thus it is important for charities to understand that diversity brings a different array of experiences and perspectives to the table; allowing an organization to better adapt programs for the ethnic population group and account for things that otherwise might have been missed.

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