Sigma Alpha Iota

SAI Pan Pipes Spring13

Issue link: http://saihq.uberflip.com/i/139092

Contents of this Issue

Navigation

Page 11 of 27

SAI Philanthropies, INc. Philanthropy: It's A Matter of Potatoes O ne potato, two potatoes, three potatoes, four..." If you're part of my generation, you may remember singing this English rhyme. In our early school days it served as a way to choose teammates, but now we are all grown up and finding ways to teach the next generation about the discipline and joy of charitable giving choices. One percent, two percent, three percent… ten, fifty percent or more! How do we educate young adults to become generous and committed to a life-long philanthropic strategy with their peers? Who will lead the Millennial 50 percent giving pledge challenge? Who will pick up the torch from the likes of Warren Buffett, Mark Zukerberg, and Bill and Melinda Gates? In 2011, Americans gave $300 billion to charitable causes (only 2 percent of the Gross Domestic Product, GDP), but spent 50 times as much on politics and 10 times as much on professional sports, according to an article in the fall 2012 issue of Philanthropy Magazine by Adam Meyerson, President of the Philanthropic Roundtable. Two percent! What T about three? Meyerson advocates that a "three percent solution" for philanthropy would raise an additional $150 billion, which could make a huge difference as "individuals step up to solve problems without waiting for government to act." Two percent we have; three percent and much more is on the wish list. How about a universal buy-in by young adults to annually give one percent, not of GDP, but of earned income? Research from the One Percent Foundation shows that those who start giving early in their lives become even more generous over time. The Foundation leaders believe that philanthropy "should not be driven by income or age, but by the power of collective action to create lasting change." It is their goal to build a broad based movement for philanthropy by educating and mobilizing young adults to give away at least one percent of income annually and encourage every person to increase the percent over time as incomes grow. What if all Americans start today to honor a one percent giving pledge? That's a lot of potatoes! "Five potatoes, six potatoes, seven potatoes, more." Go team! Margaret May Damen is founder and president of the Institute for Women and Wealth. She was initiated by the Gamma Alpha Chapter at Boston University and is a member of the Fort Lauderdale Alumnae Chapter. She served as keynote speaker at the 2009 SAI National Convention in Chicago. Her renowned workshop series, "The Life You Live is the Legacy You Leave," transcends traditional estate planning and empowers women to resolve existing psychological or emotional barriers that inhibit meaningful individual and family philanthropic giving. Her latest book, co-authored with Niki Nicastro McCuistion, is Women, Wealth & Giving, The Virtuous Legacy of the Boom Generation, published by John Wiley & Sons. CLICK FOR MORE To donate to SAI Philanthropies, Inc., please visit sai-national.org P AN 'S LE GA CY he Board of Sigma Alpha Iota Philanthropies, Inc. is pleased to to acknowledge the names of the members who have included SAI Philanthropies in their estate plans, becoming part of PAN'S LEGACY. By making a gift to SAI Philanthropies through your estate, you too can provide perpetual support for future projects designed to carry out the ideals of SAI. The scholarships and grants that are awarded to individuals and music institutions create ongoing inspiration for the next generation of musicians and teachers, and your gift will make that possible. All donors making a documented commitment in their estates are entitled to be listed as PAN'S LEGACY. National Headquarters features a mural with brass plaques bearing the names of those who are a part of PAN'S LEGACY. A Statement of Intent may be downloaded from the SAI website, sai-national.org. S AI Philanthropies, Inc. gratefully acknowledges a sizeable bequest from the estate of Elizabeth Drysdale Franklin, long-time supporter of the many projects of SAI. Elizabeth was initiated in 1933 by the Sigma Alpha Chapter at Illinois Wesleyan, and she was affiliated with the Urbana Alumnae Chapter for over 60 years. Elizabeth passed away at the age of 101, and until the last year of her life maintained a regular correspondence with SAI National Headquarters, including letters and little notes with her annual gift to Philanthropies. At the 2000 National Convention, the Philanthropies Benefit concert was dedicated to her in "grateful appreciation for her generosity to SAI Philanthropies, Inc. and the Century Drive." Elizabeth's name appears on the Pan's Legacy wall at SAI National Headquarters, and her generosity truly helps the music live on, as the mural depicts. She would certainly be proud of the rising musicians benefitting from her bequest. Marilyn L. Allen Mary DeLoache Jennings Tracy Reinhardt Goss Emily D. Andonian Virginia A. Johnson E Jane Ruby Emily Stevens Baumann Ruth Sieber Johnson Amy H. Saylor Alice F. Berman Janet Jones Loryce A. Sivertson Christine D. Bruns Karen S. Kimball Beth E. Stanberry Fran Cartier Creasy E. Melba Kirkpatrick Barbara Staton Marilyn P. Daggett Kate Slaboch Kirkpatrick Elsie W. Sterrenberg Marie E. English Dr. Mildred Koger Viola M. Stoskopf Elizabeth D. Franklin Dr Jocelyn E. Mackey Elleanor Tapscott Daryle J. Gardner-Bonneau, Ph.D. Lisa A. Marchal Betty J.Vlasnik Rev. Mae Goulet Griffin Meliné A. Markarian Dr. Deborah R.Volker Peggy L. Hall Margaret May Damen Margaret Wheeler Marian Henry Lorna J. McCormick Joan S. Willis Mary J. O'Toole 10 PAN PIPESSPRING 2013 sai-national.org

Articles in this issue

Links on this page

Archives of this issue

view archives of Sigma Alpha Iota - SAI Pan Pipes Spring13