Sponsoring the Center's Communication Activities
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Dear Friends and Colleagues:
I am happy to introduce you to the Individual
Giving Model (IGM) developed by my
colleague,
John Havens, and me at the Center on Wealth and
Philanthropy. The model employs a number of
forecasting techniques to produce
estimates on individual household giving. A
description of
the IGM and its first set of findings have been
published in the current edition of
Advancing Philanthropy, the journal of
the
Association of Fundraising Professionals.
We consider the model, even at this early
stage of
development, to be promising enough to
describe its
characteristics, the results for 2008 and
2009, and a
preliminary glimpse at 2010.
I hope you find this research informative and
useful.
As
always, I welcome and look forward to your
comments.
Cordially yours,
Paul Schervish
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| Press Release: Boston College Researchers Design First Model To Produce Quarterly Estimates of Household Giving |
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CHESTNUT HILL, MA (2-1-10) -
Researchers at
Boston College's Center on Wealth and
Philanthropy
have developed the first model designed to
estimate
future charitable giving by households on a
quarterly
basis, and have put it to a successful test
run.
CWP Director Paul Schervish and Associate
Director
John Havens describe the model and the
results of the
first trial in the January/February issue of
Advancing
Philanthropy, the journal of the Association of
Fundraising Professionals. Their report provides
estimates of U.S. household giving for 2009 -
calculations that prior to the development of the model
would not have been available until June 2010 - as
well as preliminary estimates for 2010.
Because there are no quarterly data on giving,
researchers have been unable to generate
national
estimates of either current or near term
household
giving in as timely a way as may be useful for
charities, said Schervish and Havens.
Contact:
Patricia Delaney
Boston College Office of News & Public
Affairs
617-552-3352
delaneyp@bc.edu
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Click here to read the full press release... |
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| Center on Wealth and Philanthropy Individual Giving Model: Forecast for 2009 |
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by John J. Havens and Paul G. Schervish
Advancing Philanthropy
January/February 2010
For the large diverse populations, such as
that of the
United States, household charitable giving is
most
strongly and consistently related to
household income
and wealth. Most national and state
estimates of
future charitable giving are based in large
part on
macro or micro values of income and wealth.
Researchers can measure how changes in income
and wealth, for example during the 2008-2009
recession, affect changes in charitable
giving only
when date on
financial resources and their valuation become
available. Fortunately, some of this financial
information becomes available on a
preliminary basis
each quarter. However, there are no
quarterly data on
charitable giving. To date, researchers have
been
unable to generate estimates of household
charitable
giving (and their relationship to income and
wealth) in
as timely a way as may be useful for charities.
Charities naturally would like to know
estimates of
charitable giving, for example, for the most
recent
quarter and to receive projections for the
near future.
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Click here to read the full article... |
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