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Why Are Nonprofits Experiencing An Insurance Crisis? And What Can the Nonprofit Sector Do About it?

Blue Avocado

If you’re reading this, you probably already know about the problems that nonprofits like yours are facing with their insurance: Rising insurance premiums, poor coverage from commercial insurance carriers, and in some cases, the loss of coverage altogether. Why are insurance rates soaring for nonprofits?

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Primary School Fundraising Ideas for Every Season | Big Fundraising Ideas

Big Fundraising Ideas

How to do it: Gather donations from familiesespecially those of outgoing sixth gradersbefore the previous year ends. If you plan to serve alcohol (where permitted), check local regulations and appropriate insurance needs. Ask parents or local garden stores to donate seedlings. How to do it: Host a seed or plant sale.

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Which Fundraising Events Bring in the Most Money for Small Nonprofits?

Get Fully Funded

So you’re not asking them for a straight-up donation, even though you should educate them about your organization in some way and hopefully add them to your list of supporters. The cost for these types of events is low so you spend less money to bring in donations. You can maximize your donations by finding corporate sponsors.

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Does Revenue Diversification Actually Work for Nonprofits?

Peak Proposals

But what if your organization has successfully relied on donations and fundraisers for many years? To generate enough unrestricted funding to cover general operating costs, most nonprofits conduct some kind of fundraising, such as holding fundraising events, soliciting cash donations, or both.