| According to a recent survey, charitable donations | | | | of revenue. If they do not hold charity fundraising |
| for public charities and private foundations are | | | | events, the organization will not have sufficient |
| down 52 percent. More than half of charitable | | | | funds to support their cause or they may have |
| organizations, that participated in an online survey | | | | no funds at all. |
| conducted by Guide Star earlier this year; | | | | Charitable organizations need to consider other |
| reported a decrease in contributions. And, many | | | | nontraditional fund-raising activities. One of the |
| charities are suffering as a direct result of the | | | | keys to having a successful fund raising event is |
| current economic woes. | | | | to make sure that you're always thinking outside |
| The recent fall in both the stock markets and real | | | | of the box. |
| estate has caused increasing reluctance among big | | | | Both private and public charitable organizations |
| companies to donate, particularly in the financial | | | | need to embrace and implement a different |
| sector, typically a generous giver to charitable | | | | fundraising strategy for raising funds for their |
| causes. | | | | causes. |
| Most organizations have had to reduce their | | | | Fortunately for some organizations, there are |
| budgets to keep afloat; resulting in: reduction in | | | | companies out there that have reported an |
| program activities and services, salary freeze, | | | | increase in revenues. And therefore, they are able |
| hiring freeze, layoffs, salary reduction, reduction in | | | | to give back and support various causes. They |
| employee benefits and reduction in operating | | | | are active in promoting charity donations. |
| hours. | | | | And some companies are being very generous. |
| Fundraising for charity is important because it is | | | | For some charitable organizations there is a light |
| one of the nonprofit organization's major sources | | | | at the end of the tunnel. |