Hello Joanne & Heather, Great interview, truly enjoyed it !!! My organization exclusively uses corporate and high-net-worth individual sponsorships versus chasing small-time donors. We are achieving much larger success without putting so much capital and acquisition cost into chasing smaller donors. Smaller nonprofits interested in doing sponsorships should make themselves aware of IRS rule 513(i)or qualified sponsorship payment rules (meaning you should NOT be promoting the products or services of the sponsor)
@@CauseSpecialist I would strongly suggest you use your "FRIENDLY" disclaimer. Your guest did make some minor errors concerning tax law you will find the correction in IRS 513(i)
Thank you! I specialize in nonprofits based in the US and Canada, but I would suggest researching and approaching companies that operate in your area. Even where I live, many corporations prioritize funding in the areas they work and operate. What country are you in?
It is challenging - and to be honest, corporate partnerships might not be the best strategy. UK companies are known for being more invested in international issues than some other countries. I'd definitely focus my research on finding companies that have done so in the past, as it is a select group that see this sort of support as part of their portfolio of support. Best of luck @spencerharvey9044
@@DeaconAL35 Aw, then you’re looking for investors. I am not very well-versed in venture capital, but as with most things money related, I would think it would start with having a great pitch and getting in front of the right people.
@DeaconAL35 getting in front of the right people is always the hard part. I did a video on using LinkedIn sales navigator. It’s called NAVI fundraising, but you might want to check that out because there’s some really great tips in it for getting in front of the big players. 😊
