RBW Strategy
JUNE 11, 2024
Procurement and Modified Total Direct Cost (MTDC) Thresholds Increase (§200.313(e)(1), §200.314): Upon closeout of a federal grant award, recipients can retain, sell, or dispose of supplies and/or equipment at a threshold level of $10,000 instead of $5,000. This allows for more flexibility at the end of a grant award period.
Greater Giving
DECEMBER 2, 2024
As it’s estimated that the cost of acquiring a new donor is five times that of retaining a current donor, it’s essential to have a dedicated staff member planning how to engage donors and keep them interested in your nonprofit’s mission and activities. When filling this role, look for someone with a wealth of event planning experience.
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Qgiv
NOVEMBER 13, 2024
To run a silent auction, you’ll need to plan many logistics, such as how guests will bid on items, what items you’re procuring, and how you’ll process donations. In addition to your fundraising tools, in-person venue, and auction entertainment, you must consider the price of procuring items and paying staff. Procure auction items.
CauseVox
JANUARY 2, 2025
The difference is with a 50/50 raffle, you can skip the prize procurement process. For example, if you sold 1,000 tickets at $5 each ($5,000 jackpot), your organization retains half of the proceeds ($2,500) and the winner takes home the other half ($2,500). The higher the total pool, the more the winner gets.
DonorSnap
MARCH 28, 2024
You will often need volunteers to help with event planning, procuring auction items , and helping run your event. This can help nurture your volunteers and retain them. Find Volunteers Great volunteers can be the lifeblood of your nonprofit events. It is worthwhile to invest in building a volunteer program at your nonprofit.
DonorSnap
MARCH 28, 2024
You will often need volunteers to help with event planning, procuring auction items , and helping run your event. This can help nurture your volunteers and retain them. Find Volunteers Great volunteers can be the lifeblood of your nonprofit events. It is worthwhile to invest in building a volunteer program at your nonprofit.
Get Fully Funded
JUNE 23, 2023
In most cases, the smaller and lower in value an auction item is, the easier it will be for your nonprofit to procure. Leverage Your Nonprofit’s Partnerships According to the fundraising experts at Winspire , how you procure auction items is just as important as what items you procure.
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