Sustaining Dialogue

 

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INTRODUCTION LETTER

Dear All,

In 1966, Dialogue: A Journal of Mormon Thought began its extraordinary journey with a powerful charge from Eugene England. “My faith encourages my curiosity and awe,” Gene wrote in the very first issue of the journal. “It thrusts me out into relationship with all creation” and “encourages me to enter into dialogue.”

Since that first issue, Dialogue has published thousands of articles, short stories, poems, personal essays, sermons, and works of art and has become the periodical-of-record for the cultural and intellectual life of the Mormon people. The nascent vision that Gene expressed more than 50 years ago has become a tangible reality. Dialogue matters, and Gene’s vision is more important now than it has ever been.

It is time to secure the future of this vision by ensuring the sustainability of Dialogue for the next fifty years and beyond, and we need your help to achieve this lofty goal.

The Dialogue Foundation Board proudly announces the kickoff of the SUSTAINING | DIALOGUE campaign which, with your help, will create the Sustaining Fund—a capital fund that will finance the journal, and all of its associated resources, in perpetuity. This is an ambitious goal, but the vision of our founders requires nothing less.

In 2019, we made the decision to change the way that we finance the journal’s operations. We moved from a subscription model to a donation model, which allowed us to make all 54 years of Dialogue entirely free for online users. This was the right choice. The growth of the Internet has fundamentally changed the publishing business. By placing Dialogue online and making it free, we ensured that it would always be available to readers, scholars, re- searchers, and anyone with an interest in Mormon thought and culture.

Since making this switch, we have also enhanced our web presence, listed all of our content on the JSTOR academic database, launched successful online Sunday study and monthly fireside series, and created a network of podcasts aimed at thoughtful Latter-day Saints. And we now offer all of these resources at no cost to any user.

We have been able to do all of this with the generous support of donors like you. And, with your help, we can now make sure that Dialogue continues forever. The goal of our campaign is to raise 1.25 million dollars, which, added to our existing capital reserve, will produce enough income to fund Dialogue’s activities in perpetuity and allow us to meet current and future challenges with the boldness that Gene England’s original vision requires.

Here is our vision of what this means:

  • First and foremost, the quarterly journal, in both print and online formats, will always remain the center of our efforts. Dialogue will maintain its field-defining standards, even as it continues to broaden its voices and reach. Especially now that all content is free online from the moment of publication, the Sustaining Fund will eliminate any need to rely on subscriptions, thus freeing the editor and board to instead focus on content and audience.
  • We plan to expand our digital reach, particularly our new and growing podcast efforts. The Dialogue Podcast is an increasingly popular vehicle to highlight the journal’s contents as well as engage broader issues crucial to the Mormon community. It includes Dialogue Heritage, Book Report, Dialogue Topics, and Dialogue Out Loud episodes, as well as our expanding Dialogue Podcast Network. Stable financial resources will assure the podcasts’ quality and production.
  • The Sustaining Fund will enable us to continue developing and updating a cutting- edge and engaging website that prominently features our past work, current projects, and future initiatives, including the growing amount of content appearing with our DiaBLOGue. This website allows us to address pressing issues with a faster pace than what a traditional publication schedule allows.
  • We will also be able to maintain and expand on recent successful programs like the Dialogue Book Club, Dialogue Gospel Study, and Dialogue Firesides that reach a growing audience often not familiar with the journal and fulfill needs that will only increase in our modern environment.

No independent association or venue has matched Dialogue’s importance in both tracing and shaping Mormon culture since 1966, or the journal’s ability to adapt to new circum- stances. As stewards of that legacy, we need your help to make sure that this mission continues far into the future.

Shall we not go on in so great a cause?

 

 

 

Michael Austin
Chair, Dialogue Foundation Board
Charlotte England
Honorary Campaign Chair

INFORMATION BOOKLET

My faith encourages
my curiosity and awe;
it thrusts me out into
relationship with all
the creation.

The Christ I have come
to know through my
Mormon faith affirms
the world as good and
each of its people as
eternally precious;

The Christ I have come
to know through my
Mormon faith affirms
the world as good and
each of its people as
eternally precious;

that they not just speak
to it but really make
the connection. – Eugene England

Our Goal

The Dialogue Foundation Board proudly announces the SUSTAINING | DIALOGUE campaign which, with your help, will create the Sustaining Fund—a $2.5 million capital fund that will finance the journal, and all of its associated resources, in perpetuity. At an average return rate of 5%, this fund (not an annual budget or an operating account) will generate operating income of $125,000 per year. This is an ambitious goal, but the vision of our founders requires nothing less. Benefiting from years of generous donations, careful planning, and pre-release commitments to this campaign, we are already half-way to our $2.5 million goal. As a result, this capital campaign is not about operating in the current year, or even next year. We want to sustain Dialogue for the foreseeable future.

Operating Dialogue

Currently, fixed costs for editorial and office expenses are approximately $60,000 per year on a carefully-constructed budget. Without these expenditures, there is simply no Dialogue, and we expect these costs to steadily increase in the future. We also currently pay approximately $25,000 a year to print and distribute the physical journal and $35,000 a year to create and host our digital content. These costs are variable in that they increase or decrease according to the number of journals we print or the amount of digital content we host.

Dialogue has historically operated on subscription revenue, annual appeal donations, and donated time and materials. As we have responded to shifts in the publishing industry by making the journal’s content free online, we have seen sharp decreases in subscription income. Revenues in 2019 were less than half of what they were in 2007, and we expect this trend to continue as readers become more comfortable with digital reading formats. For our long-term budgeting, we anticipate that the fixed costs of producing the journal in all of its forms will increase to $80,000, including printing costs. We also anticipate that print subscription revenue will offset printing costs and that some special initiatives will continue to be funded through annual donations.

We also project that the development, distribution, and maintenance of electronic material—including podcasts, firesides, and Dialogue Sunday Study—will increase gradually to $60,000 per year as we expand the digital initiatives that we now have in place. Most of this cost is for people’s time and service. While the members of the Dialogue Board all donate their time, effort, and expertise without compensation, there are many professional services that we must pay for, and we anticipate that these costs will continue to increase. A relatively small portion of our operating budget goes to online services, storage, and communication tools. We expect these costs to remain relatively stable with modest increases due to normal inflation.

We need your help

The nascent vision—aligning our words and actions—that Gene expressed more than 50 years ago has become a tangible reality. Dialogue matters, and Gene’s vision is more important now than it has ever been. It is time to secure the future of this vision by ensuring the sustainabil- ity of Dialogue for the next fifty years and beyond, and we need your help to achieve this lofty goal.

We appreciate your generosity.


WAYS TO GIVE

Subscribe: Decline a paper copy or double your subscription and take only one copy.

Online: To give by credit card or PayPal, go to Donations to access our secure server.

Mail: You can send a check made payable to Dialogue to P.O. Box 1094, Farmington, UT 84025, using the enclosed envelope.

Matching gifts: You may be able to double your gift if your employer has a matching gift program.

Donor-Advised Fund: A Donor-Advised Fund (DAF) is a professionally managed charitable investment account that you contribute to, and then direct gifts out of to qualified nonprofit organizations. The Dialogue Foundation is one such qualified nonprofit organization. DAFs are a popular and effective vehicle for charitable donations. We can provide
more information about setting up and using a DAF.

You will need the following information to direct a gift from your DAF to Dialogue:
Legal Name: Dialogue Foundation
Federal Tax ID: 94-1630730
Mailing Address: P.O. Box 1094
Farmington, UT 84025

Stock and Other Securities: Donating appreciated marketable securities is an easy and tax-effective way to make a gift to Dialogue. You may be able to claim a charitable deduction for the full value of the security while avoiding any tax on the appreciation.

NOTE: Tax consequences depend on your personal or family tax situation, but in all events avoiding tax on appreciation is only possible with a direct gift of stock. Consult your tax advisor before you consider selling stock. Before initiating a stock transfer, contact us:
[email protected]

We will provide you with transfer information, and we will ask for the name of your brokerage house, the account name and number, and the DTC number, so we can identify the transfer and acknowledge your gift.

IRA Distribution: If you are 70 1⁄2 years old or older, you can give up to $100,000 from your IRA directly to a qualified charity such as Dialogue without having to pay income taxes on the money. If you are married, and if you and your spouse are both over 70 1⁄2, you may each give up to $100,000. In addition, if you are 72 years old or older and required to make a minimum distribution from your IRA, a transfer to a qualified charity can satisfy the minimum distribution requirement.

NOTE: This short description is not intended as tax advice to any individual. The mechanics of making a gift from an IRA can be very simple. However, the tax consequences are technical and can be complicated. Please consult with your tax advisor.

Planned Gifts: A bequest is one of the easiest gifts to make. With the help of an attorney, you can include language in your will or trust specifying that a gift be made to Dialogue (either a gift of a percentage of your estate or a specific dollar amount), or you can make a bequest using a beneficiary designation form.

You can also designate Dialogue as a full, partial, or contingent beneficiary of your retirement account (IRA, 401(k), 403(b), or pension), and designating Dialogue as a beneficiary of your life insurance policy. If you have been so generous as to include a bequest to Dialogue as part of your estate plan, please let us know. We would like to recognize you and your family for your generosity.

For your convenience, we provide sample bequest language here:

I give to the DIALOGUE FOUNDATION, a Utah nonprofit corporation, the sum of ___ dollars ($ ___ ) OR ___ percent (___%) of the residue of my estate to be used in such manner as its Board of Directors may direct.

Multi-period Gifts: Dialogue would be delighted to accept a multi-period gift. The PayPal link at givetodialogue.com allows for recurring contributions. Many Donor-Advised Funds allow for repeat donations. We would be happy to discuss more complicated plans. We would appreciate knowing your schedule and the full amount of your gift over time.

Memorial Gift: A tribute or memorial donation is a meaningful way to support Dialogue and honor someone special. Any form of donation described above can be a memorial gift. Please let us know how you would like your memorial gift recognized.

Contact us: If you have any questions about giving to Dialogue, please contact us at [email protected] or call (385) 988-0852. We would be happy to assist you.