Description
Standards for Excellence 3.0
34 Sources of Income 8
34.1: What does it mean to consider the source of income? 9
34.1.1: Consider the source: Some practical examples 9
34.1.2: Types of sources that may cause concern 11
34.1.3: Assessing sources of income 11
34.2: Managing the risks associated with sources of income 12
34.2.1: Risk associated with individual donors – managing the relationship 12
34.2.2: Risk associated with business 13
34.2.3: Risk associated with investments – perception of public 13
34.2.4: Risk associated with “revenge gifts” 14
34.2.5: Board and staff working together 14
34.3: Sources of income 14
34.3.1: Mail solicitations 14
34.3.2: Peer-to-peer fundraising through social media 15
34.3.3: Major gifts 16
34.3.4: Grants and foundations 16
34.3.5: Special events 17
34.3.6: Planned giving 17
34.3.7: Cryptocurrency 18
34.3.8: Federated fundraising 18
34.3.9: Specific campaigns 18
34.4: Promoting equity in philanthropy – foundations and public charities working together 18
34.4.1: Creating more inclusion, diversity, and equity in foundation and grant distributions 19
34.4.2: Working with funders to increase equity-based projects and initiatives 19
References 20
Selected Resources for Sources of Income 20
Grants 20
Individual Giving 20
Social Media/Crowd Sourced Fundraising 20
Special Events 21
Social Enterprise 21
Government Contracts 21
Supporting Organizations 21
Other Earned Income 21
Assessing Sources of Income for Mission Alignment and Program Partners 21
Attachments 22
Attachment 34A: Mail Solicitations 23
Attachment 34B: Major Gifts 25
Attachment 34C: Considering Grants from Foundations 26
Attachment 34D: Special Events 28
Attachment 34E: Typical Fundraising Event Expenses 29
Attachment 34F: Sample Budget for Fundraising Events 31
Attachment 34G: Sample Event Timeline 33
Attachment 34H: Telemarketing and Phone-a-Thons 35
Attachment 34I: Planned Giving Overview 37
Attachment 34J: Nonprofit Cryptocurrency Basics Guide Key Terms, Steps to Set up, Resources 38
Attachment 34K: Federated Fundraising Organizations 43
Attachment 34L: How to Run a Specific Campaign 44
