THE
FUNDRAISING
BOOK
Create a strategy, plan events, increase visibility,
and raise the money you need
Rich Mintzer with Sam Friedman
The Everything Fundrasing Book
Dear Reader:
In the twenty-first century, fundraising has emerged as a significant part of our American culture. The events of September 11, 2001, coupled with a struggling economy, have resulted in many individuals taking stock of what really matters most in li fe. People have tu rned to focusing on helping others in their community and in the world around them. The increase in fundraising efforts is seen at all levels from public schools to For t un e 500 corporations.
The Everything Fundraising Book takes a look at the world of fundraising as it impacts us today, and we invite you to take on the challenge of raising funds for something you believe in. From a school bake sale to a golf tournament to e-fundraising efforts, there are so many ways in which you can raise money. The goal of reaching out and soliciting funds from donors is explored throughout the book from many perspectives. Various aspects of the fundraising process, including bookkeeping, accounting, taxes, communications, and computer equipment, are also included.
While there are many how tos involved in learning the best means of raising funds, the important element of FUNdraising is brought to the forefront on several occasions as a reminder that you can get great joy from, and take great pride in, your fundraising efforts.
Sincerely,
The EVERYTHING Series
Editorial
Publishing Director | Gary M. Krebs |
Managing Editor | Kate McBride |
Copy Chief | Laura MacLaughlin |
Acquisitions Editor | Eric Hall |
Development Editor | Karen Johnson Jacot |
Production Editor | Khrysti Nazzaro |
Production
Production Director | Susan Beale |
Production Manager | Michelle Roy Kelly |
Series Designers | Daria Perreault |
Colleen Cunningham |
Cover Design | Paul Beatrice |
Frank Rivera |
Layout and Graphics | Colleen Cunningham |
Rachael Eiben |
Michelle Roy Kelly |
Daria Perreault |
Erin Ring |
Series Cover Artist | Barry Littmann |
Visit the entire Everything Series at everything.com
I dedicate this book to my parents, Muriel and Jerry, for
their many years of inspirational and devoted fundraising
work, from which I learned so much.
Copyright 2003, F+W Publications, Inc.
All rights reserved. This book, or parts thereof, may not be reproduced
in any form without permission from the publisher; exceptions
are made for brief excerpts used in published reviews.
An Everything Series Book.
Everything and everything.com are registered trademarks of F+W Publications, Inc.
Published by Adams Media, an F+W Publications Company
57 Littlefield Street, Avon, MA 02322 U.S.A.
www.adamsmedia.com
ISBN 10: 1-58062-953-9
ISBN 13: 978-1-58062-953-9
Printed in the United States of America.
J I H G F E D C B A
Library of Congress Cataloging-in-Publication Data
Mintzer, Richard.
The everything fundraising bookRich Mintzer with Sam Friedman.
p. cm.
(An everything series book)
ISBN 1-58062-953-9
1. Fund raising. I. Friedman, Sam. II. Title.
III. Series: Everything series.
HG177.M56 2003
658.15224dc21 2003007425
This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
From a Declaration of Principles jointly adopted by a Committee of the
American Bar Association and a Committee of Publishers and Associations
Many of the designations used by manufacturers and sellers to distinguish their products are claimed as trademarks. Where those designations appear in this book and Adams Media was aware of a trademark claim, the designations have been printed with initial capital letters.
This book is available at quantity discounts for bulk purchases.
For information, call 1-800-289-0963.
Contents
Acknowledgments
A very special thank-you to some of the people who work in fund-raising and helped provide valuable information for this book: Robert Altman, senior vice president for Development and Corporate Relations for Public Broadcasting Service, national headquarters in Alexandria, Virginia; June Badham, CEO and president of Corporate DevelopMint, a nonprofit consulting firm in Charleston, South Carolina; George C. Ruotolo, Jr., chairman and CEO of Ruotolo Associates Inc., professional fundraising consultants in Cresskill, New Jersey; Murray Brower, associate executive director of the Kidney & Urology Foundation of America, based in New York City; Felix Fornino, former president and current treasurer of the Adoptive Parents Committee, based in the New YorkNew JerseyConnecticut region; Ed Federman of Federman Consulting, a New York Citybased fundraising consulting firm.
I also want to thank Eric Hall and Nicole Faraguna of the Borough News magazine in Harrisburg, Pennsylvania, and journalist Rebecca Sultan. And, finally, Id like to thank my family, whose hard work for the Kidney Foundation of New York was inspiring, and my wife, Carol, who has always shown great dedication and has worked hard for the Adoptive Parents Committee as a copresident, workshop leader, and more.
Top Ten Fundraising Tips You Will Learn from This Book
. Networking is importanthave everyone in your group consider who they know who can donate goods and services to your fundraising activity.
. Choose a locale for your fundraising activity that reflects the members of the organization and what the organization stands for.
. Budget wiselyit is quite common for 50 percent of the income from a fundraiser to just cover expenses.
. Highlight the accomplishments of your group in any grant proposal.
. Provide proper lead time when trying to get media coverage. Magazines need greater lead time than newspapers and Web sites.
. Take advantage of lower overheadit costs almost nothing to send mass e-mails, including fundraising appeals, invitations, information on upcoming events, and thank-yous.
. Raise money from corporationsstudies have shown that over 80 percent of corporate employees feel a greater sense of pride and dedication to a company that is involved in philanthropic endeavors.