I know where there is an enormous reserve of potential donations in your community. If you know a non-profit organization that struggles for new funding, please follow me as I show you the steps to secure new donations that could exceed all expectations.
Businesses have the funds for your non-profit, but they do not realize it. Specifically, it's the money businesses spend for mundane operating expenses such as utilities, office supplies, garbage removal, telephone and more. Every business overspends in one or more of these areas. Need proof? Search the internet and you will find hundreds of consultants whose businesses thrive on finding cost savings in such expense categories. In fact, in just one category, telephone expenses, it's estimated that businesses overspend by about $15 billion annually.
How do you get donations from this? Serve as a catalyst for bringing savings to the businesses in return for their sharing part of the savings with your organization.
Here's how:
- Locate an established, cost-saving consulting group that works on contingency. I found one in our city whose normal fee is 50% of savings achieved over 3 years.
- Negotiate a special deal with the consultants for working with your non-profit. For example, what seems to work well is a 3-way split of the savings:
- 1/3 to the non-profit
- 1/3 to the consultants
- 1/3 to the business donor
- Find a business owner or chief executive who already supports your non-profit. Maybe they sit on the board, make annual donations or provide volunteer manpower. It's vital that you go to the top of the company to make your appeal.
- Enter into a simple, one-page contingent pledge agreement with the business. Using the example above, the business donor would agree to donate one-third of the savings each month for 36 months. If there are no savings, there's no donation or consulting fee. There's absolutely no risk for any participant.
By following this path, you show your business supporter how to donate more, and not even feel it. The business was already spending the money. But now they are helping your organization even more and can rest assured their business' bottom line just got a little better too. In other words, everybody wins!
The whole process is simple, and extremely powerful. Surprisingly, few people have discovered this source. Here lies your unique fundraising opportunity. Discover more details by visiting http://www.savings2give.com
Don Raymond is a business consultant specializing in marketing and telecommunications. In 2008, he founded Savings2Give, an initiative to encourage businesses to achieve extreme cost savings and increase business donations to the non-profit organizations of their choice.
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