Viken Mikaelian Archives

Two candles with an open book in memoriam conveying wisdom

Honoring the Legacy of Planned Giving Pioneers While Shaping the Future

February 26, 2025 1 Comment

The planned giving community has lost two giants—Roger Schoenhals and Lindsay Lapole—whose contributions shaped the profession for generations. Roger, founder of Planned Giving Today, provided invaluable insights into the practice of planned giving, while Lindsay’s leadership at the ACGA strengthened governance and education in charitable gift annuities. Their legacies live on through the professionals they mentored and the programs they established. In recent years, we also lost Deb Ashton and Robert Sharpe—both dear to my heart and pillars of our field.

Zoomed in image of currency showing the capitol building in Washington DC

Why Grantmakers Are Getting Tougher With Nonprofits

February 17, 2025 3 Comments

The free money era is over. Community foundations and major donors are done funding nonprofits that refuse to plan for the future. If your organization is still relying on grants and emergency appeals, you’re already on borrowed time. No more free rides—it’s survival of the smartest. Funders want to invest in organizations that take sustainability seriously, not those stuck in a cycle of dependency. Stop begging. Start planning. Build an endowment. Invest in planned giving. Adapt, or get left behind. Because in today’s nonprofit world, only the strong will survive.

A picture of a tin can with a pull tab. The label on the can says "risk," to symbolize that fundraisers and nonprofits must be willing to prioritize fundraising over government grants. This ensures stability, while grant funding remains uncertain and restrictive.

No One Ever Made Money by Panicking

February 10, 2025 No Comments

With potential government funding cuts, nonprofits must resist fear-driven reactions and focus on what truly secures their future: philanthropy. Grants come and go, but donor relationships, major gifts, and planned giving provide long-term stability. Relying on political shifts is a gamble—fundraising is the only strategy that puts nonprofits in control. Every handout comes with strings attached, and eventually, those strings can tighten. Now is the time to invest in donor engagement, think strategically, and build financial independence. The strongest nonprofits aren’t the ones that panic; they’re the ones that plan.

Man in a panic (humorous image with exaggerated expression)

Donors Can Smell Fear

January 21, 2025 No Comments

Fear is nonprofit kryptonite, and donors can smell it from miles away. While you’re clutching your pearls in your vanilla comfort zone, bold organizations are reinventing the game. Crisis doesn’t care about your five-year plan or your committee meetings – it’s already here, separating the leaders from the excuse-makers. Here’s the brutal truth: Your competitors aren’t waiting for permission to innovate. They’re treating their nonprofits like the businesses they are, while you’re still debating whether to rock the boat. The next crisis won’t care about your comfort zone, and neither do your donors. The choice is yours: Keep covering your back in mediocrity, or step up and lead. Just remember – no one ever changed the world by playing it safe.

A single, frowning pawn stepping out of the crowd, to symbolize the perception that the system is unfair.

The System Is Not Unfair

January 12, 2025 No Comments

Fairness is subjective, often rooted in financial literacy gaps, not systemic bias. The system rewards those who understand its rules and take personal responsibility, while ignorance fuels the illusion of unfairness. Genuine inequalities exist but don’t define the entire system. This nation offers many free resources—take advantage of them. Blaming the system disempowers; mastering knowledge, strategy, and effort empowers. Success favors those who learn, adapt, and take control.

Two men facing away - democrat and a republican

Next 4 Years: Thrive or Survive?

January 7, 2025 4 Comments

The next four years are yours to shape, no matter who sits in the Oval Office. In times of change, there are three types of people: the delusional, the passive, and the ones who take control and make it happen. Success isn’t about luck—it’s about mindset, action, and personal growth. While the world around you may be chaotic, you have the power to focus on what you can control: your mindset, your skills, and your network. Stop waiting for someone else to change things for you. Will you rise, or will you let life happen to you like the 98% who do nothing but hope and complain? The choice is yours.

A picture of a woman applauding at a gala dinner, to illustrate a blog post concept that philanthropy comes from the heart and is not all about ritzy fundraisers.

The Art of Giving vs. Tuxedos and Hors d’Oeuvres

December 31, 2024 No Comments

Philanthropy: Heart Over Glitz! When we think of philanthropy, it’s easy to picture glamorous galas, tuxedos, and polished speeches. But true giving isn’t about appearances; it’s about connection. It’s about seeing someone’s need, extending a hand, and recognizing our shared humanity. From small gestures, like a simple brownie shared in a dark time, to life-altering mentorships, the essence of philanthropy lies in the heart behind the act. This isn’t about wealth or prestige—it’s about kindness and the power it has to transform lives. Let’s explore how authentic generosity, no matter the scale, can create ripples of meaningful change.

A picture of a woman looking out a window open to opportunities, to symbolize the opportunities the Great Wealth Transfer presents. Nonprofits that focus on estate planning and planned giving stand to benefit the most.

Window of Opportunity for Nonprofits

December 28, 2024 3 Comments

You do not have much time. Over the next fifteen years, Baby Boomers will pass along a staggering $84 trillion to their heirs and to the causes they care about—an incredible $12 trillion of which could land in nonprofit coffers. Is your organization ready to claim its share of this once-in-a-generation opportunity? Setting up a planned giving program doesn’t just secure your mission’s future; it also boosts your nonprofit career. Keep reading to find out why planned giving is the key to unlocking lasting financial stability, deeper donor connections, and valuable leadership opportunities in the sector.

Senior woman reviewing IRA and estate planning documents at her laptop — exploring Qualified Charitable Distributions and Donor-Advised Funds to reduce taxes

Smarter Giving: How Seniors Can Make an Impact and Save on Taxes

December 22, 2024 No Comments

Did you know giving to charity can save you money on taxes while making a real difference? Surprisingly, fewer than 40% of wealthy retirees know about tools like Qualified Charitable Distributions (QCDs) and Donor-Advised Funds (DAFs) that help them give smarter. If you’re 70½ or older, QCDs let you donate directly from your IRA, lowering your taxable income and helping you meet Required Minimum Distributions to avoid penalties. DAFs, on the other hand, offer flexibility to donate now, decide later, and even grow your contributions tax-free. Learn how these strategies can work together to maximize your impact and align your giving with your goals.

The Real Cost of Pet Ownership

December 20, 2024 2 Comments

Thirty years ago, I said goodbye to Thora, my loyal Norwegian Elkhound, as she gave me one last, loving lick—a silent goodbye that still lingers in my heart. Pets teach us unconditional love, but their time with us is far too short, leaving behind lessons in loyalty and the need to plan ahead. From my Yorkie Chloe’s antics to my sister’s legacy fund for UC Davis Veterinary School, I’ve seen how planning can turn love into lasting impact. Pets enrich our lives, but their care—and the inevitable heartbreak—require foresight. Let’s honor their love by preparing for both their joy and their loss.

Author: Viken Mikaelian

Viken Mikaelian