Fundraising/Nonprofit Final (Rai Spring 2017)

Fundraising/Nonprofit Final (Rai Spring 2017) What is an "elevator pitch" and how does it relate to fundraising? - ANSWER-The brief amount of time you can be engaged and sell your fundraiser and keep people interested enough that they want to donate to your cause. What is one tip (from the book) in how to write effectively for fundraising? - ANSWER-One must talk in a conversational tone and the longer the letter will yield more results. What should you look for in a board member for your nonprofit? - ANSWER-Different people with different professional backgrounds, people whp are passionate about the organization, and who are also willing to donate to the cause. What can you do to get (recruit and retain) volunteers for your organization? - ANSWER-To get volunteers for your organization you need to make it easy and fun, and have a cause people can get behind. What did you learn from our "who gets Rai's $20" activity on Wednesday? - ANSWER-People need to be able to relate and get behind your cause. You also need to believe in your cause and sell it for people to want to get behind it. Discuss the importance of your "ratio" of money raise that is used for administrative costs vs. the actual nonproft activites. What percentage should go to costs vs. activities? - ANSWER-Admin and costs should be about 35% of an org. Nonprofits should be about 65%. It's important because if an org uses a majority of the money for admin and office supplies, a lot of donors won't want to donate because the money is being used recklessly and they might think the org has a lot of money already. How can you show your donors that you care about them and are good managers of the funds they donate? - ANSWER-Thank them seven times and have a breakdown of what their money will be used for and let them know if it was used for that specific thing.