Tips for Thriving During the Downturn part 3
The economy being what it is, many nonprofits are revisiting their fundraising strategies. In their recent article “9 Innovations That Are Helping Charities Thrive in the Downturn”, universities and other nonprofits share some efforts that have worked for them.
- Accept Cars, Homes & Even Islands! – Naturally non-cash gifts require a bit more work for an nonprofit, but they are increasingly becoming a way for people feeling “cash poor” to contribute to the health and welfare of their favorite organizations. Investments are probably some of the easier gifts to accept but art, jewelry, houses and cars are becoming increasingly popular. If you are short on staff but now think this may be a true future funding stream, contact a local estate attorney, financial advisor or community foundation to see what kind of help they can provide.