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Your charity can get funds from small donations, large donations, corporations, foundation grants, and from its own money-making ventures. How would a specific organization decide on the best balance?

Category: Marketing Paper Type: Online Exam | Quiz | Test Reference: N/A Words: 170

        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.

 

 

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