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Sponsorship v. Donations: The Drawbacks and Benefits

NonProfit Hub

Needing money is a common denominator among all nonprofits. These relationships are typically bound by a written agreement that states the benefits for both your nonprofit and the sponsor. Benefits of Corporate Sponsorships If your nonprofit hosts events or other big initiatives, sponsorships are a great option for both parties.

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[ASK AN EXPERT] What Are Best Practices To Acquire More Corporate Matching Gifts?

Bloomerang

Today’s question comes from a nonprofit employee who wants advice on how to attract corporate matching gifts: Dear Charity Clairity, I have a question about how to attract corporate matching gifts. I have a hunch many qualify for this employee benefit, but they don’t submit requests to their employers. But you do need a plan.

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[ASK AN EXPERT] How To Enter And Credit Donor Advised Fund Gifts In Your Database

Bloomerang

Today’s question comes from a nonprofit employee who wants advice on how to credit and acknowledge donor advised fund gifts in their donor database: Dear Charity Clairity, I’m unsure how to enter donor advised fund gifts in our database so they’re credited and acknowledged appropriately. And do I thank the donor or the administrator?

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Some Money Isn’t Worth The Chase: Why You May Want To Rethink Your Events And Grants Strategies

Kindful

There are much better ways to raise money that are cheaper, require less staff time, and generate more net revenue. . Indirect costs include the time staff spend planning, marketing, and attending the event (salary plus benefits) and board member time as well. Beware: Grants can be just as costly as special events. .

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What are Challenge Gifts?

sgEngage

A challenge gift is a donation that creates an incentive for others to give by offering a financial reward based on an established contingency. Challenge gifts are issued only once a contingency, or “challenge,” has been achieved.

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100+ Fundraising Tasks for Your Nonprofit’s Board

Nonprofit Tech for Good

Many nonprofit organizations struggle to engage their board members with fundraising, especially the act of asking another person for money. Make a “ stretch gift ” that is very generous and is outside your normal giving pattern. For example, could people who donate every year be cultivated for a larger or monthly gift?

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How To Increase Board Fundraising Without Having To Ask for Money

Bloomerang

The objections shared usually involve board members not wanting to ask people they know for money. This means that getting board members to ask their personal network for money is the fastest way to hit your board fundraising goals. Pitch newsrooms Nonprofits can benefit from free or “earned” media.

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