JACKSONVILLE, Fla.--(BUSINESS WIRE)--Florida’s nonprofit and philanthropic sectors have been set up for success thanks to cutting-edge data from the Florida Nonprofit Alliance (FNA) and the Florida Philanthropic Network (FPN). Florida is currently the only state in the country that has this level of data available for nonprofits. The data sets include the transfer of wealth taking place in the state, the giving occurring in the state and growing generosity in those under 45.
These studies looked at donors and potential donors to better understand their reasons for and patterns of giving, their perceptions of nonprofit efficacy, and how they compare to their national peers. The research also looked at a variety of types of generosity—including monetary, donations of items, and time—and contributions to organizations, individuals, informal groups, and more.
- View FNA’s full Florida’s giving trends research portfolio here
- View FPN’s Florida transfer of wealth report
“Our nonprofits serve critical needs in communities across the state, especially as we have one of the fastest-growing populations in the country. The sector is planning for the future thanks to research like this,” said Sabeen Perwaiz, president & CEO, Florida Nonprofit Alliance. “Florida’s nonprofit sector continues to grow, with 22,710 nonprofits generating more than $116 billion in annual revenue. These 22,710 nonprofits employ 456,800 employees, or 5% of the state’s workforce, and pay annual wages of $27.5 billion. “This growth requires a thoughtful strategy on fundraising, impact and outreach. Nonprofits must lean into innovation and leverage data and technology to move their missions forward.”
“Community economic development takes time. Local organizations should be planning for population shifts and areas of growth, recognizing that $884 billion will transfer from one generation to the next by 2030,” said Ashley Dietz, president & CEO, Florida Philanthropic Network. “Frequently, place-focused foundations need to wait for the grantee with the right set of skills, a government that is ready to partner, or for the right donor with aligned priorities. Developing a strategy to retain just a portion of a region’s transfer of wealth needs to start now. Fortunately, Community Foundations across the state are creating and implementing strategies for the transfer now, but it’s something we all need to consider.”
“As we work to grow Florida from the 14th to 10th largest global economy, a vibrant nonprofit sector is vital to our continued economic growth and diversification,” said Mark Wilson, president and CEO, Florida Chamber of Commerce. “Nonprofits enable private sector strategies and solutions at a time when it is becoming clear government is often too slow and bureaucratic to compete with the speed, focus, and nimbleness of the private sector.”
About Florida Nonprofit Alliance
The Florida Nonprofit Alliance (FNA) is a statewide coalition of nonprofits focused on research, collaboration and advocacy. FNA serves as the state's collective voice, respected advocate, effective connector, and powerful mobilizer for the nonprofit sector. FNA represents Florida as the state association member of the National Council of Nonprofits. Visit www.flnonprofits.org.
About Florida Philanthropic Network
Florida Philanthropic Network is a statewide association of grantmakers working to strengthen philanthropy through research, education and public policy. FPN's members are private independent, corporate and family foundations, community foundations, public charity grantmakers and corporate giving programs - from Miami to Jacksonville; Naples to Pensacola - who hold over $8 billion in assets and invest over $600 million annually (excluding members located outside Florida) to improve the quality of life of Floridians. Visit www.fpnetwork.org.