The case that economic forecasting is becoming more difficult and uncertain is compelling. Yet many economists agree that the outlook for the U.S. economy is far worse now than it was just months ago. Considering the projections of weak economic data, not-for-profit organizations may need to gird themselves for another round of difficult budget decisions.
According to Norman B. Gildin, president of Strategic Fundraising Group LLC, the times require creative fundraising solutions to offset continuing shrinking revenues by government and third-party reimbursers. “One approach is to prepare for bad economic times by seeking out new and creative fundraising solutions. A well-established way to do so is to learn about cutting edge methods to raise contributions. Another is to enhance existing fundraising events, as well as to have a clear understanding of the fundamentals of fundraising.” Said Mr. Gildin, “Not-for-profit agencies and organizations that take care of clients and consumers with disabilities or with conditions that limit their activities of daily living must be up to the financial challenges ahead because these folks depend on them.”
Strategic Fundraising Group LLC is taking proactive steps to educate agencies and their development executives about the latest ways to raise the necessary private sector funds to keep these organizations solvent and thriving. Three seminars sponsored by Strategic Fundraising Group LLC are slated to take place this month and next to address these concerns. “The Art of Asking: How to Ask Donors for Gifts,” “Creating Your Special Event: What You Need to Know,” and “The ABC’s of Fundraising: A Primer in ‘How To’,” are designed to help not-for-profit agencies to prepare for the thorny economic times they face.
Mr. Gildin continued to state, “The metrics show an economy that is slowing down more and more. Less jobs are being added than are needed, the median salary has declined by more than $5,000 in the last four years, inflation and energy prices are up, the housing market is in a slump, and the vice president of the United States admits that ‘the middle class has been buried for the last four years.’” “Donors are rightfully concerned, but there are still many good reasons for them to support their favorite charities, and we have to be astute enough and sincere enough to reassure them that their support is possible and absolutely essential.”
The seminars by Strategic Fundraising Group LLC are scheduled for three consecutive Thursdays, October 18, October 25, and November 1 all at Congregation Bnai Yeshurun, 641 West Englewood Avenue, Teaneck, New Jersey–less than ten minutes from the George Washington Bridge. Sign-in and refreshments are scheduled at 8:30 a.m. in the Social Hall with the programs to begin at 9:00 a.m. and all seminars slated to end at 12:30 p.m.
These seminars are appropriate for development executives, volunteers, board members, administrators, and all those involved in raising funds on behalf of a not-for-profit organization.
For more information or to make reservations, visit www.strategicfundraisinggroup.com and click on “Events.”
Strategic Fundraising Group was established to give the small fundraising shop and the large one an opportunity to engage a firm that adds sophistication to their operation. SFG provides the resources and the capability to organize or undertake essential tasks that provide fruitful fundraising results especially during hard economic times.