Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

6331 Module 1

403 views

Published on

Published in: Education, News & Politics
  • Be the first to comment

  • Be the first to like this

6331 Module 1

  1. 1. Chapter 1 Gearing Up for Fundraising What You Need to Know
  2. 2. Nonprofit versus Charitable Nonprofit Organizations • Nonprofit organizations may be eligible for certain benefits such as state property, sales, and income tax exemptions. • Nonprofit charitable organizations are set up and operated to improve some part of society without a profit motive. © 2013 Pearson Education, Inc. All rights
  3. 3. Nonprofit versus Not-for-Profit Organizations • Not-for-Profit organizations are devoted to some sort of activity, such as a hobby. • Nonprofit organizations or agencies are founded for purposes other than profit making. © 2013 Pearson Education, Inc. All rights
  4. 4. Nonprofit Fundraising Registration • The Federal Trade Commission is the government’s chief consumer protection agency. Laws may vary state to state. • Applicants must submit determination letters, audit paperwork, bylaws, fundraising contracts, IRS 990 forms, notarized signatures, and fees. © 2013 Pearson Education, Inc. All rights
  5. 5. Unified Registration System, 1997 • The URS was developed to merge the information and date requirements of those states that require registration of nonprofit organizations, which solicit for funds within their jurisdictions. • As of August 2010, 37 states accepted the URS. © 2013 Pearson Education, Inc. All rights
  6. 6. Three Stages of the URS 1. Assembling an inventory of registration information requirements from all states. 2. Constructing a form which includes all (or most) of these requirements. 3. Persuading states to agree to this “standardized” format as a replacement for their own forms. © 2013 Pearson Education, Inc. All rights
  7. 7. Unrestricted versus Restricted Funds • Unrestricted funds are available for the agency to use toward any purpose. • Restricted funds are limited to a designated purpose as per the donor’s request or are raised for a specific purpose or project. © 2013 Pearson Education, Inc. All rights
  8. 8. Temporarily or Permanently Restricted Funds • Temporarily restricted funds have donorimposed restrictions; either by time or purpose. • Permanently restricted funds are also restricted by the donor and never expire. © 2013 Pearson Education, Inc. All rights
  9. 9. Understanding the Ethics of Fundraising • Agencies may be tempted to seek funding wherever they can find it. • The leaders of the organization must embrace ethical decision-making and recognize the importance of values and ensure that no one individual is to profit from the organization. © 2013 Pearson Education, Inc. All rights
  10. 10. Some Fundraising Pitfalls • Failing to have a solid team in place. • Failing to motivate the team. • Failing to have a mission statement and set of goals. • Failing to plan, develop evaluation, and seek consultation. • Failing to choose the best fundraisers. © 2013 Pearson Education, Inc. All rights

×