Looking for grant resources? Check out the University of the District of Columbia (UDC). Click here to read the news article.
Category Archives: Fundraising
Last week President Obama submitted his budget for 2013. In the budget is a proposal to limit the percentage of charitable deductions than can be taken. Many nonprofit leaders are critical of the plan because they think it will reduce contributions. Here is an article on the budget by Lisa Chiu of the Chronicle of Philanthropy.
Rick Cohen of the Nonprofit Quarterly thinks contradictory messages are being sent from the White House. A month earlier he reported White House officials as saying the charitable deduction cap was off the table for 2012. (No change to charitable deductions) Now it seems the White House has reversed itself. Read Cohen’s article about President Obama’s plan.
Do you want to know the reasoning behind the charitable deduction cap? Read a post by Jonathan Greenblatt, Director of Social Innovation who lays it out.
So what does all of this mean for nonprofit funding in the future? Will the charitable deduction cap affect future contributions? That remains to be seen.
Do you think the proposed change in the charitable deductions cap will negatively impact contributions? Has the proposed legislation affected your fundraising plans?
Fundrasising in 2012 is going to be more challenging that ever. The challenges call for a new approach to funding nonprofits. Here is an article from The Nonprofit Quarterly on financial leadership. An Executive Director’s Guide to Financial Leadership
Anyone ever heard of Crowd Funding??? Gartner reseach shows this form of ecommerce is set to explode across the world, and fund businesses, creative arts, and charitable endeavours. Read on….
iPledg, launching January 1, is a broad based crowd funding platform, best suited for very early stage seed capital. No equity needs to be sold off, and there are no loans to repay. Crowd funding offers project creators the chance to engage their networks to pledge small amounts to achieve quite sizeable pools of funding for projects. In return for pledges, project supporters are offered small rewards or gifts. This is the best way to raise $2,000 – $25,000 quickly and simply (although this is the “sweet spot” for funding, much larger amounts have been raised). Fund raising on iPledg is “all or nothing” funding, meaning that if your funding target is not reached by the end of the funding deadline, no money changes hands (and the project creator pays no fees). iPledg – launching January 1 at http://www.ipledg.com
A nonprofit consulting firm, Social Velocity has what I think is a different approach to funding nonprofits. They have created a blog series on the subject. I’ve read a few of their posts. The whole cocept makes a lot of sense to me. Here is the link to the blog series. Financing Not Fundraising: A Social Velocity Blog Series