Confidence, Competence & Cultural Dexterity with Megan Bell

Well, one of our conversations that we, of course, keep nerding out on Meg is about this transference of wealth.

There is a lot of money out there and you have helped to shape conversations around modern philanthropic advising, all advising, but really how has the role of advisors evolved beyond traditional charitable giving conversations? Because you and I are having what I think are some like disruptive conversations and I know they're happening elsewhere.

So how have you helped to shape these conversation and what do they look like right now?

I love that question.

And I appreciate that you recognize that this space is shifting with that transfer of wealth.

I mean, we're talking about trillions of dollars that are about ready to be transferred from baby boomers to the next generation.

Right.

So we have a whole new generation that's going to inherit this wealth.

And I believe it's 18 trillion dollars.

That will be available to philanthropy from the $124 trillion that's supposed to transfer.

So there is a great generational wealth happening here.

And I think what we need to recognize is that the landscape has evolved drastically.

And to your point, it is not so much more about the tax and charitable advantage of giving, but it's really around mission, purpose, and and legacy.

And so I think as fundraising professionals specifically, we need to recognize that there's a broader understanding around philanthropic landscape and philanthropy.

And so how can we better meet donors and clients in their communities? So I think that I think the conversations we're really trying to engage our learners in is being simply more conversant.

And when I mean more conversant, it's how do you talk about philanthropy to your donors and that those conversations extend beyond the tax advantage.

So, you know, again, back to purpose, back to values and back to legacy, I think those conversations have to exist and being confident in those conversations are also really important.

So understanding the terminology and the shared language around philanthropy.

Does that make sense?

That makes so much sense to me.

There's a lot of information there and thank you for throwing out some stats and numbers, right? That's always really important.

We like to say data is sexy.

So having that data is really good.

I want to build on that word confidence because that is something that Daylight emphasizes, right? Confidence, competence, and cultural dexterity really in this philanthropic advising space.