Determining the True Cost of Fundraising
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Lowstetter said that popular fundraising measures such as ROI, total revenue, total expense and cost to raise a dollar are important — but, he asked, are they enough? To become truly transparent, Lowstetter and co-presenter Nancy Appel explained, organizations must understand the process of fundraising and determine the true costs, then calculate the costs for the current year — not when the funds actually come in.
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- Companies:
- Blackbaud
- Places:
- Minnesota
- South Carolina
Melissa Dodge
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