The First Five Lessons in Fund Raising 101 Page 2
Initial spending is unavoidable with a
fundraising campaign and unless you have enough money in your
pocket to shoulder the capital expenses, it’s wiser for you
to appeal to the bigwigs for financial aid. Explain to them
the need for capital money for your campaign to hit the
ground running and give them a detailed accounting of how you
plan to use the money.
Corporations and wealthy
citizens would welcome the idea of donating more warmly if
their donations are tax deductible. For this to happen, you
must file the necessary documents to make your foundation
legally recognized. Next, you do everything possible to
ensure that your foundation is given the approval by the law
to solicit tax-deductible-donations. Research well because
this particular step would prove to be very beneficial later
on. Organize diversified events for your fundraising
campaign to be able to tap all sections of the market. It’s
imperative that you think of your fundraising campaign as a
business knowing you’re striving to earn profit for the
benefit of others. Make some of these events regular
occasions to foster the feeling of tradition and permanency
among your donors. That’s it then. Good luck on your
endeavor!
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