• What You Should Know Before You Donate | 801

  • May 8 2025
  • Duración: 38 m
  • Podcast

What You Should Know Before You Donate | 801

  • Resumen

  • "If you're giving millions, treat it like an investment—because your legacy is on the line."


    What You’ll Discover Today:


    In this episode of The Inside BS Show, Dave Lorenzo sits down with Michael Cleavenger, a seasoned fundraising strategist and advisor to affluent donors, to pull back the curtain on how nonprofit organizations really work. They explore how high-net-worth individuals can contribute meaningfully and responsibly, and how to avoid common pitfalls when making large donations.


    Key Topics Discussed:

    • How Michael Cleavenger raised over $260 million for the Illinois Institute of Technology and what he learned in the process
    • The biggest myth about nonprofit donations—and why tax benefits aren’t the main motivator
    • The truth about nonprofit operations: P&L statements, executive compensation, and board oversight
    • Why long-term donors value relationships more than transactions
    • What major donors should demand before giving: contracts, audits, and real oversight
    • The pyramid strategy of fundraising—from large gifts to grassroots donations
    • Red flags to look for in a nonprofit’s Form 990
    • The difference between mission-driven programs and revenue-chasing “mission creep”
    • How naming rights work—and why they’re rarely permanent
    • Why some donors choose to sunset their foundations and how that affects future giving

    Links and Resources:

    • Subscribe Via Email: GetInsideBS.com
    • Listen on Spotify: Inside BS Show on Spotify
    • Listen on Apple Podcasts: Inside BS Show on Apple Podcasts
    • Call Us: (305) 692-5531

    Call to Action:

    If you’re thinking about making a significant contribution to a nonprofit organization—or advising someone who is—listen to this episode first. Then, connect with Michael Cleavenger to ensure your legacy is protected and your impact is real.

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