10 Foolproof Fundraising Tactics
6. When it comes to foundation funding, research, research, research
Remember that foundations are created with the sole purpose of supporting philanthropic causes — regardless of the state of the economy. To maintain their legal status, foundations must donate an amount equal to 5 percent of their assets averaged over five years. The Chronicle of Philanthropy has reported that small to midsized foundations actually have increased their giving during these challenging times to offset decreases in giving from other sources.
Pamela Grow is the publisher of The Grow Report, the author of Simple Development Systems and the founder of Simple Development Systems: The Membership Program and Basics & More fundraising fundamentals e-courses. She has been helping small nonprofits raise dramatically more money for over 15 years, and was named one of the 50 Most Influential Fundraisers by Civil Society magazine, and one of the 40 Most Effective Fundraising Consultants by The Michael Chatman Giving Show.
