Planning for Fundraising

Any nonprofit that wants to successfully fundraise needs to plan. Nonprofits can receive revenue from a wide variety of sources including individual donors, grants and contracts from government programs, earned income practices, grants and sponsorships from corporate giving, private foundations and community foundations. All the revenue received from these sources must be used towards mission-related programs and administrative costs.

While many nonprofits spend much of their fundraising resources pursuing gifts from foundations and corporations, that vast majority, generally 75 – 80 percent, of giving in Minnesota is done by individuals. Giving from private foundations in Minnesota comprises about 10 percent of charitable dollars, gifts from corporate foundations make up another 10 percent and community foundations account for about three percent of charitable donations. 

 

Planning for Fundraising Articles

 
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