Mitch is a social entrepreneur, community builder, and impact innovator. He is currently the Head of Strategy for Chariot, a Donor-Advised Fund solution for nonprofits to solicit, maximize, manage & steward DAF donors and their gifts. He previously founded a nonprofit marketplace and community called Pond after leaving his role as a VP on Goldman Sachs' Technology Investment Banking team. He's a long-time board member at The LGBT Center of NYC and an active alum of the Startup Leadership Program NYC.
Key Takeaways:
“There's $230 billion sitting in these vehicles called donor-advised funds. That means money that has already been set aside for charity, the only way it can be used is for charity, and yet this money is sitting there and not yet helping an actual operating nonprofit organization.”
“One of the big innovations of doing this through your own system is you capture that donor name and email immediately so you're not hunting down trying to figure out who this check came from, you can thank them appropriately right away and steward them accordingly.”
“Through a better engagement of [board members], you're going to get them more, even like a better fundraiser, they're probably going to contribute more to your organization financially because they feel personally more invested with their time and how they're sharing their talents with the organization. ”
- Mitch Stein
Reach out to Mitch Stein at:
Website: www.givechariot.com
LinkedIn: https://www.linkedin.com/in/mitch-stein/
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