From transactional to transformational: Four strategies for donors to drive lasting impact

From transactional to transformational: Four strategies for donors to drive lasting impact

Philanthropy is at a turning point. Nonprofits face rising costs, declining donor participation and shrinking federal support. Yet those who do give are contributing more than ever.  Affluent donors often concentrate their support on a smaller number of organizations, with many making multi-year commitments, according to the 2025 Bank of America Study of Philanthropy conducted in partnership with the Indiana University Lilly Family School of Phi…