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MenuAre there any professional services available in the U.S a non profit can hire to pitch specific corporations for donations?
Just launching my for profit startup (app) which has a non profit section to help families in tragedy. Looking to hire a professional who can pitch my company to the right corporations to get donations to start helping families immediately as to also have funds to continue to hire this individual ongoing to broaden my companies reach.
Answers
So, is the charity whats receiving the funding or is your for-profit company. From the sounds of it, it seems the for-profit company is more important than the for charity. I would raise money for your for-profit company and create a structure that when your "profit" company does "X,"you're not for profit company gets "X." Think Warby Parker, buy a pair of glasses they give a pair of glasses. Or bonobos.
I know this isn't exactly what you were looking to hear, but I only say it because you seem to be a caring individual putting the not for profit first to help others, but you can continue to help others if the for-profit succeeds. Otherwise, you should create a not for profit.
We should talk, seriously. I specialize in development and throughout my extensive professional experience I have structured succesful major gifts programs for numerous nonprofits. Corporate giving is usually restricted: 1. Can be donated to 501 (c) 3 or 7 orgs. without exception. 2. Will be designated or restricted to a specific need or program area. In other words the donations will not permit operational expenses to be covered - this includes program admin. I specialize in unrestricted major gifts. My background includes nonprofit development, operations and executive director, as well as advisor, so I have a unique understanding of what you seek to accomplish and how it should be done. Reach out and let's get this done.
Related Questions
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What companies have successfully implemented both B2B and B2C products or services? Which should I start with for the non-profit sector?
I would suggest the first question to ask is "what problem do I solve?" And of those people I solve problems for "who do I create the most value for?" In the non-profit world you need to add "How does my business help the non-profit run better and/or help the group the non-profit focuses on?" For example, if you've created a platform that drives donations, your company "has created a platform that helps you reach fundraising goals faster." What you don't want to do is market and sell to B2B and B2C audiences simultaneously. They have different ways of buying - a B2B audience needs to have their benefits quantified (using your thing makes me x amount more) - and it's extremely hard for a startup to be able to do both well. Better to start with one, execute really well and move into the other. Feel free to give me a call and we can dig into who your most valuable audience is.AV
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Where does an organization find their audience?
This is not a sarcastic comment: you hire a marketer or marketing firm that knows what they are doing. Marketing is a science and art that requires skill-- it's like a doctor/surgeon for your company. You wouldn't do open heart surgery on yourself-- why would you try to do surgery on your company? If you'd like more help, feel free to set up a call.AM
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What is the difference between a social business (social enterprise) and non-profit?
Non-profit is incorporated as a 501c(3) and must be approved by the government for the tax advantages to take effect. A social business or perhaps a Benefit Corporation is a new corporate structure available in certain states that allow the for profit corporation to put the "Social Mission" of the company ahead of the "Shareholder Profits".MS
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An app/website for concert fans to have easier access to face value tickets. I have wanted to know if this could be created as a non-profit?
You would have to apply for non profit status, which means you would have to incorporate as one of the 29 different 501c classifications. Since I don't know of the details of your business model I would not be able to say for certain, but it is contingent on your company fitting the description of one of those 29 classifications.DJ
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What is the most important detail in asking someone to be on a BOD for a non-profit?
For background, I'm an active board member for two charities, am a past board member of CIRA (which runs the .CA domain) and am a graduate non-profit governance essentials course from the Institute of Corporate Directors. I also built Canada's first crowdfunding website that distributed over $3m to charities from over 115,000 members and in the process interacted with literally hundreds of charities on social media and cause marketing. Every board member needs to be willing and able to raise funds. I believe that every board member of a small non-profit (less than $250,000 in operating budget) should be able to raise at least 10% of the annual budget. Also important is values alignment ensuring that the board member understands and agrees with what the organization stands for. Finally, as much as is possible, ensure that each board member brings a missing skillset. Social Media competency in one, accounting in the other, for example. Final piece of advice is that good board members should be hard to get. The commitment of time and energy is significant and so therefore, anyone who is willing to join without much convincing or discussion is probably someone who isn't going to be prepared to do the heavy lifting. Happy to talk to you in a call about board composition or anything else. I have a huge passion for helping the non-profit sector and especially grassroots organizations like yours.TW
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