The
organization can decide the best balance by analyzing the costs that ate
associated with each type of funds. Usually for generating finds various
activities are performed like fund raising dinner etc. So the organization have
the choice to choose those funds which are not costly.
What
would you want
to ask of
a specific first-time
donor to ensure
that he or
she returns next
year and gives
more?
The
first time donor should be treated in such a way that he comes again for
donation. The nonprofit organization can build strong relationship with the
donor and can even inform the donor regarding the usage of funds and where the
organization has used the denotation. Through this the organization can build
strong relationship with the donor. When the donor stays in touch with the
organization through social media platform or through email than the chances of
giving more donation next time increases up to lot of extent.