Who Said it?

Who said “Philanthropy can be a key part of your overall wealth management plan?"

A.  President of Princeton in address to donors
B.  Warren Buffet
C.  Goldman Sachs and Co. promotional material
D.  Cleveland Clinic promotional material


The Answer:

C.  Goldman Sachs and Co.

This quote from Goldman Sachs materials in 2009 was the first time that they overtly promoted philanthropy as a planning strategy. 

This change of approach in the for-profit sector is great news for us because the more people talk about philanthropy the more it will happen.

But it also means that we, as giving officers and nonprofit representatives, need to be prepared for our donor's questions.