Forecasting Fundraising: What the Intergenerational Wealth Transfer Could Mean for Our Sector
Modelling growth scenarios through to 2047 based on what we've achieved in the past - and with a 1% improvement
I recently produced this chart and thought it worth sharing…
I’m currently wrapping up my presentation for the CIOF Fundraising Convention on the impact of the Intergenerational Wealth Transfer on fundraising – which we are already starting to see reflected in giving trends (consider the growth in size of average gift).
As part of this, I’ve modelled some projections for sector income based on CAF data based on three scenarios:
The average annual growth over the past 20 years (2.14%)
Average growth over the past 10 years (4.31%)
And an 'ambitious' scenario where we boost growth by just 1 percentage point to 5.31%.
What’s most exciting is that this extra 1% could be worth around £10 billion more each year by 2047. It's a small shift, with huge implications.
But it's something that we could all help make happen by focusing on how we can encourage larger gifts from those people who can (easily) afford it.
Loads more to share on the day, which happens to be at 2.45pm on Monday, 9th of June!