Mastering Planned Giving for Nonprofit Sustainability

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Wondering how to ensure the long-term sustainability of your nonprofit? Our latest episode with philanthropy expert Mike Goorhouse dives into the often-overlooked world of planned giving strategies. Mike joins host Meghan Speer to share his journey from a youth grantmaker to leading a philanthropic consulting company, revealing why delayed gratification is essential for securing your mission's future. Learn how to make strategic asks that promise future rewards, even when the immediate benefits are not visible. From creative approaches to measurable metrics, this episode offers actionable steps to foster estate gift commitments, ensuring your nonprofit’s future is secure. Tune in for a comprehensive guide to mastering planned giving in the nonprofit sector.
Mike Goorhouse is Founder and Lead Consultant at Inspiring Impact, LLC, a firm dedicated to helping nonprofit and philanthropic organizations effectively inspire change in their community.
He has spent his entire career in philanthropy including working with Family Foundations, Community Foundations and Youth Grantmakers while at the Council of Michigan Foundations and serving as President/CEO for the Community Foundation of the Holland/Zeeland Area (CFHZ) for 10 years.

Over the years Mike has been recognized for his commitment to philanthropy and the community. In 2011 he was named one of the top 30 Civic Leaders under the age of 30 in the nation by the National Conference on Citizenship. In 2017 he was named Young Executive of the Year as part of the MiBiz Best Managed Nonprofit Awards. Finally, he has been recognized as one of the Grand Rapids Business Journal's Forty Under 40 Business Leaders six times and three times has been named one of GRBJ’s top 200 most influential business leaders in West Michigan.

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Chapter

1. Planned Giving Strategies for Nonprofit Fundraising (00:00:00)

2. Estate Planning and Nonprofit Giving (00:13:55)

3. Charitable Giving and Estate Planning (00:21:11)

4. Measuring Success in Estate Giving (00:26:28)