A vital part of your Pandemic Fundraising Strategy

Over the course of these conversations, we have learned that many of the tried and true strategies charities have relied on to guide their Fundraising Strategy and efforts in 2020 have proven inadequate.

Those reasons are:

Predictable giving – Foundations exist to donate to charity, unlike individuals and corporations, who have a variety of shifting interests and priorities that are dependent on a robust economy. Foundations often publish giving guidelines relating to geographic and philanthropic areas of giving interest – furthermore, analysis of giving through time indicates that most foundations maintain a strong, consistent focus in the areas they support.

Low risk / low cost – unlike high expenditure / high risk fundraising efforts like golf tournaments and galas, foundation fundraising requires very little upfront investment, typically $5,000-$15,000, and with the average single foundation grant amount of $59,300 (2019, 2020), it provides the most cost efficient method of fundraising – all that is required to start is a funding database which identifies good funding prospects, a good letter, and a few stamps and envelopes.

Growth – the most recent CCS Fundraising survey (August, 2020) indicates that foundation funding was the fastest growing giving source since 2015-19, growing at a rate of 5.7%, compared to 3.2% for giving by individual donors. Foundations gave $72 billion, in the form of an estimated 1,164,000 grants – that is more than one grant for every two charities in the US so your odds of getting funded – if you apply of course – are good
Predictable giving – Foundations exist to donate to charity, unlike individuals and corporations, who have a variety of shifting interests and priorities that are dependent on a robust economy. Foundations often publish giving guidelines relating to geographic and philanthropic areas of giving interest – furthermore, analysis of giving through time indicates that most foundations maintain a strong, consistent focus in the areas they support.

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funding information for non-profits

Vidhi

Hi, I'm Vidhi! I have 2 years of content writing experience. I am running think-how.com, myinvestmentplaybook.com and smallpetanimals.com websites individually. And also I work for many other agencies and websites.

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