479. Fundraising AI: The Opportunity, The Ethics + Why It Matters Right Now - Mallory Erickson, Meena Das, and Nathan Chappell

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Overview

Meet Mallory, Nathan and Meena. They’re the guiding hands in the Fundraising.AI movement + upcoming summit. The Fundraising.AI Global Summit will be the largest gathering of nonprofit and for-profit professionals and organizations to explore the role of Responsible AI in fundraising. On the podcast, they’re unpacking the data and ethical considerations that come with AI, and discussing how inclusivity and transparency can help foster trust and drive innovation in the nonprofit sector. This episode paints a picture of an AI-powered future for nonprofits, highlighting both the exciting opportunities and the pivotal challenges that lie ahead🤖 Don’t miss it!

💡Learn

The role AI plays in fundraising today
Overview of the Fundraising.AI Framework
What to expect during the Fundraising.AI Global Summit

Today’s Guest

Mallory Erickson, Founder + CEO, Power Partners Formula + Co-Founder, Fundraising.AI

Nathan Chappell, Senior Vice President, DonorSearch AI + Co-Founder, Fundraising.AI

Meena Das, Founder + Principal, NamasteData

“What can I do for a future I want to live in?”

— Meena Das, Founder + Principal, NamasteData

Episode Transcript

Download Full Episode Transcript Here

Episode Highlights

AI use in the in nonprofit sector (4:20)
Demystifying AI (11:50
Leaning into the discomfort around AI adoption (15:10)
Creating a framework for responsible AI use (16:50)
Importance of trust, and ethics in AI (23:15)
Examples of nonprofit orgs using AI well (27:10)
Challenges and ethical concerns to be aware of (33:00)
Overview of the 2023 Fundraising.AI Virtual Global Summit (38:35)
Mallory’s One Good Thing: It makes sense I'm feeling overwhelmed and I can still do this. (46:30)
Nathan’s One Good Thing: Be vulnerable and recognize that you're not alone. (48:25)
Meena’s One Good Thing: What can I do for a future I want to live in? (47:35)

POWERFUL QUOTES

"The barriers of using AI have been diminished extensively.” -Nathan

“The world is moving fast. If nonprofits, don't compete, they will be less relevant. But, we have to do it in a way that's extremely thoughtful, strategic and responsible.” -Nathan

"We need those conversations to happen, where we can acknowledge together what questions to really ask when it comes to ethics." -Mallory

"I think AI actually has the ability to become much more ethical by being done responsibly, by identifying and removing bias from models and being much more holistic." -Nathan

"This could be an opportunity for us to truly get into why the work matters and how we do the work in the ways that we do." -Becky

"What can I do for a future I want to live in?" -Meena

“Show up, lean in, be vulnerable." -Nathan