Remove Budget Remove Donation Remove Letter Of Intent
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Turning One-Time Gifts into Multi-Year Commitments: Strategies for Major Donor Fundraising

Center for Major Gifts

Why Multi-Year Commitments Matter When donors pledge support for multiple years, nonprofits gain a predictable revenue stream that simplifies budget forecasting and program planning. Formalizing the commitment through pledge agreements or letters of intent protects your organization and the donor.

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Two years later: how our fundraising strategy changed overnight 

Candid

Fueled by passion for our mission, she made lists of the most likely supporters and then got to work, sending out 300 letters of intent (LOIs) to potential funders in New York with an interest in horses. They generously decided to make a $125,000 donation (representing approximately 20% of our yearly budget).

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What Is an RFP and How Is It Best Used to Apply for Grants?

GrantNews

In essence an RFP is a solicitation released by a funding agency who has money to donate to a good cause. This final section includes deadlines, conference dates, and the potential need for an LOI or letter of intent. For example, things like requests for additional documentation or letters of stakeholder support.

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4 Things To Do Now to Pursue (and Win) Grants

Grant Geek

You will need financial documentation, including an operating budget, all sources of income and donations, and financial statements from a certified public accountant. You can get a waiver on audited financial statements from most funders if your operating budget is under a certain amount. Operating Budget.

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