...Nontraditional sources of funding, I think would be to commercial venture. Organizations could sell it services to people who can pay for them. Bequest program - having people leave money to the organization in their will. Affinity marketing- a store could its customers that they will put a certain portion of their profit towards the organization. Phoenix Homeless Agency needs funds to continue providing counseling to qualifying recipients, so they would need to come up with the best possible way to fund their efforts. They could try several fund raising strategies to do that such as Client donations, special events, and annual campaign. I think these would do best because you would think that with the economy being the way it is that donations would not come in but that is just not true. If you make it known would your cause is for and appeal to passionate people that want the same thing they will donate. Special events are another fundraising idea I think would work, especially raffles. The organization could have another organization donation something that people would want such as a gift cards, or maybe tickets to something, I say small things like this because they could have many company’s donate this and that way there are more prizes at the end which when you think about it more people will play. Annual campaign I think would be a good idea because the organization is not new so you would think that have had donors in the past that they could contact to make...
Words: 269 - Pages: 2
...Finances HSM/240 October 12, 2014 Kisha Talbert Finances The Star of Hope is a Christ-centered community organization that is committed to meeting the needs of the homeless. They have a variety of different programs that have been implemented to assist in the encouragement of success positive life changes for the clients they serve. The programs services that are used to focus on the mission of the Star of Hope, includes; education, employment, life management, substance abuse and spiritual growth. Although the Star of Hope is dedicated to providing the services needed to transform the life of homeless, men, women, and their children, these services do not come without a price to the organization. The Star of Hope utilizes many different funding sources to support the program services, such as public and private donations, the United Way, churches, civic and community groups, corporations, grants and foundations. In addition there is also the memorial and tribute program, according to the Star of Hope this program gives people the opportunity to remember special individuals with a memorial or tribute gift. The wills and estate program, which allows a person, to plan a tax deductible gift to a ministry service or other charitable programs, and finally there is the stock donation program, which allows a person to transfer their donated stock directly to the organization for the full value. Technology has paved the way for online giving for individuals making cash...
Words: 896 - Pages: 4
...Case Study #1: Can Research Rescue the Red Cross? Business Research & Applications Summary The American Red Cross (Red Cross) had been a reputable non-profit organization and its function is to provide help to victims as well as those involved in rescue and relief efforts. There is a national chapter and there are local independent chapters as well that respond to smaller tragic events that upset people’s lives. The Red Cross operates 24 hours a day, seven days a week; their goal is to be there when crisis strikes. They do not receive financial support from the government; they rely on contributions from U.S. citizens to fund its efforts. For many years, it had a policy of fund raising through advertising during high profile period surrounding a disaster. Its wed-site states “One of the best ways to help disaster victims, people in need where you live, and people around the world right now is through a financial donations”. Donors are asked to contribute to the Disaster Relief Fund, their local Red Cross chapters, or the International Response Fund. The work that they do has prompted millions in donations each year. However, after the September 11, 2001 terrorist attracts, their practices came under fire and scrutiny by the media and their long standing reputation was in jeopardy. When disaster stuck, it was their normal practice to estimate the total monetary goal and advertise and collect donations to reach it. Moreover...
Words: 2120 - Pages: 9
...Hsm260 Collaborative Funding July 25, 2013 Bonnie Gusman The Phoenix Homeless Agency (PHA) is in the need of increased funding to further future funding toward job counseling for qualified clients. Regularly agencies get traditional contracts and grants; but the economy has increased the need and requires them to find other sources. The Executive Director and Board of Directors have begun their search by using the internet, other agencies, and community networking. They have agreed on, that there are three options that will yield revenue while keeping costs under control. This will result in money left over for their program; appealing to local government officials, contacting local businesses for donations, and holding a strong public donation campaign. Contacting local government officials the agency may access information about funding that is available to community agencies that are not related to federal or state traditional grants and contracts. These may include United Way, connections to people who might donate, grants from large out-of the area businesses and foundations, or city donations to help unemployment. They may also receive (employ, volunteer, students) grant writers who will be willing to help organization understand, locating, and the writing process, that achieve better results. Local businesses are often feeling the same negative...
Words: 307 - Pages: 2
...Ethics Audit Questions April Whitehead HSM/230 February 1, 2015 Erin O'Brien Ethics Audit Questions Board: Does the board let each member know what is expected of them? This is crucial because it is pertinent for all employees or board members to know what is expected from each of them individually and as a whole. All tasks, or projects, must be clear so that the members know exactly what goals to work towards and that will also improve staff performance and in turn the organization as a whole. Staff: Does the staff members show good partnership skills (being able to work on a team)? It is crucial for all staff members to be able to work with one another. This not only helps the staff to work together as a whole toward common goals, but it also allows the organization to operate more smoothly. If staff members cannot work together, then they cannot communicate efficiently and effectively and not only does the work environment suffer but the organization also suffers as a whole. Donors/Fundraisers: Are the donors aware and informed of all of the different ways that their contributions, or money, is helping the organization? Donors like it when the results of their donations are visible. Donors also like to see that they are helping the organization that they donate to. Donors should know, and like to know, what changes, improvements, or any other positive results have been made or completed because of their donations. They like to see how their money is being...
Words: 535 - Pages: 3
...NFPO’s Dr. Contributions Pledged $25,000.00 Cr. Unrestricted Donations $25,000.00 To record the pledge received Dr. Contributions Receivable $23,750.00 Cr. Unrestricted Donations $23,750.00 To record the pledge received Dr. Cash Account $24,000.00 Cr. Unrestricted Donations $24,000.00 To record the pledges received Dr. Investment Expense Account $15,000.00 Cr. Temporarily Restricted Donations $15,000.00 To record the donation received Dr. Cash Account $17,000.00 Cr. Temporarily Restricted Donations $17,000.00 To record the donation received as sales of shares Dr. Music Expenses $15,000.00 Cr. Temporarily Restricted Donations $15,000.00 To record the donation used to buy musical instruments Dr. Sales Account $5,000.00 Cr. Service sales $5,000.00 ...
Words: 859 - Pages: 4
...During his first year as a social studies teacher at Wings Academy in the Bronx, New York City, Charles Best had some powerful experiences that would significantly transform his life as well influence the lives of countless others. Best recounts both the frustration and inspiration of lunchroom conversations with his fellow teachers. He remembers, “there were great ideas for programs and projects that we talked about in the teachers’ lunchroom that could never leave the teachers’ lunchroom”20 due to a lack of resources to implement them. “Funding for the basics was woefully inadequate, and teachers routinely dipped into their pockets to buy even paper and pencils for their students.”21 Best’s brainstorm for DonorsChoose.org emerged during one of these lunch conversations with colleagues. “Best figured there were probably plenty of people who would rather fork over a bit of cash for a specific classroom project than write a check to a traditional charity. So he moved back to his parents’ home to save money and designed the Web site”22 for DonorsChoose.org. To convert the idea from a pipe dream to a viable venture, Best needed the help of his fellow teachers and his students. His students’ volunteered to help start the Web-based organization. To lure his fellow teachers into trying out the organization’s new Web site, Best offered them his mother’s famous pear dessert.23 Best then used his savings to fund these projects anonymously. 24 And DonorsChoose.org has been growing...
Words: 863 - Pages: 4
...The outside of your view Organ and tissue harvesting is a very big issue. People die every single day and or suffer from pain. The organs go to the doctors to tell for money, and the needed organ goes to someone who needs it. Organ removal, while not as prevalent as sex and labor trafficking, is quite real and widespread. Those targeted are sometimes killed or left for dead. More frequently poor and desperate people are lured by false promises.( Rabbi Dr. Reuven P. Bulka) The reason that they take poor and desperate people is because of these people have really nothing to fight for. They don’t know what’s going to happen when they go to trust someone who promises that they will be in a better place. Also they will get food and a place to go, but yet, they don’t go anywhere but a surgery table. This goes back a while. Like years and years. It’s mostly in china. But it also happens in other places too. Like in the Africa area and Egypt ect. In china, they do it in a different way. They do it in rooms like in hospitals and also right in public. They go on public streets and do the surgery. Everyone can see what happens and people sit there and watch too. This is okay in china; you cannot get in trouble from doing this. It’s normal there. Organ and tissue harvesting is basically a type of human trafficking where sick people either kidnap or trick people of all ages to come in to get surgery. When they get surgery, a lot goes on. They get put down to sleep...
Words: 975 - Pages: 4
...Calculate the following: Current ratio, long-term solvency ratio, contribution ratio, programs/expense ratio, general and management/expense ratio, and revenue/expense ratio for the years 2003 and 2004. Current Ratio 2003 [pic][pic] [pic] [pic] 2004 [pic][pic] [pic] [pic] o Long-Term Solvency Ratio 2003 [pic] [pic] [pic] 2004 [pic] [pic] [pic] Contribution Ratio 2003 [pic] [pic] [pic] 2004 [pic] [pic] [pic] Programs/Expense Ratio 2003 [pic] [pic] [pic]1.0 2004 [pic] [pic] [pic]1.11 Management/Expense Ratio 2003 [pic] [pic] [pic] 2004 [pic] [pic] [pic] Revenue/Expense Ratio 2003 [pic] [pic] [pic] 2004 [pic] [pic] [pic] Included are the current ratio, long-term solvency ratio, contribution ratio, programs/expense ratio, general and management/expense ratio, and revenue/expense ratio calculated in the Week Four Assignment. 2002 [pic][pic] [pic] [pic] 2002 [pic] [pic] [pic] 2002 [pic] [pic] [pic] 2002 [pic] [pic] [pic] 2002 [pic] [pic] [pic] 2002 [pic] [pic] [pic] Provide a 200- to 300-word explanation of the importance of each ratio for all three years listed in Appendix D. Include a statement of whether the organization’s financial picture has improved or not within the three-year period specified in Appendix D. The importance of each ratio in...
Words: 1061 - Pages: 5
...With Singapore's changing demographics and the harsh social and economic pressures of the modern world impinging on our society, the demand for both structured and voluntary social services has grown exponentially. However the social problems and the social needs have also been increasing. Some of the social problems are the assistance of less fortunate children like children with disabilities, in need of shelter, suffering from terminal illnesses, suffering from abuse and at risk. Also problems like teenagers sexual identity, relationship problems are also challenges that the society are facing. These people need generous donation and recognitions from the public. But the recent charity saga by the national kidney foundation overshadowed, the conception of charity have been misunderstood by the public. Thus most of the charity organisations which help these needy people did faced difficulties in rejections by the public. When I was doing charity sales with an organisation called we share-care society, I did approached to some parents bringing their children and asked for donations. But they were not convinced by the organisations and they did not want to donate. My first thought was that they should donate as an educational lesson to their children that they should also help these children and also to learn how to be kind hearted. Also these adults felt that these people should be taken care and helped by the government, and not by the public. At that moment I was disappointed...
Words: 784 - Pages: 4
...BBA Scholarship Fund Benefits of donating 1) Tax-deductible donation Actual benefit depends on client’s tax bracket 2) Recognition Recognition levels are outlined in package you have 3) Stronger economy Research has proven that the more educated the community, the wealthier it is 4) Long-term reduction of taxes Higher level of education increases number of higher income earners, which in turn leads to more tax revenue. Bigger tax base should lead to lower taxes per person 5) Better return on your donation investment Investing in education returns greater overall financial benefits to society than any other “social endeavor” AND, 100% of donation goes to benefit students directly. Nothing is deducted for admin or overhead. 6) Association with Kwantlen Access to qualified and job ready grads Wide range of applied programs based on industry standards Largest undergraduate business program in Western Canada Award Donors are invited to scholarship awards night and can meet top students Donors can email their job postings to me and I will send out to my BBA grad list. Major donors are invited to scholarship night and other events. Definition of Scholarship Fund Three levels of donations 1) Donation to endowment fund Minimum donation must be $25. Principle of the fund is never spent. Donations to the Endowment fund are invested in safe interest bearing investments. A portion of the earnings are...
Words: 757 - Pages: 4
...January 16, 2009 To Whom It May Concern: I am writing you on behalf of our Headstart Program. As you may not be aware, our program is primarily a federally funded organization. We get the majority of our funding from the Department of Health and Human Services in the form of a grant. With this grant we are able to provide services in fourteen migrant and seasonal head start centers. As a grant requirement we must meet a twenty percent matching requirement (In-kind), which is extremely tough to meet in the rural areas that we operate. We are now nearing the end of our 2008-2009 season and are asking for donations in order to reach our required match. A donation can be in the form of many things such as, cash, office supplies, curriculum approved education supplies, supplies to maintain our centers, hygiene supplies, etc. If you would like to donate to our program please contact Susie Smith at (208) 453-1111. She will be able to supply you with a receipt and can provide you with any other information you may need. If our program is unable to meet the required amount of In-kind, it could have a huge impact on our children, families and communities. Our funding would be cut back and therefore result in a reduction in services to our families. In our rural communities it is extremely important that we all stick together. It would be very detrimental if we were unable to provide services to so many families that desperately need it. Any help you can provide...
Words: 287 - Pages: 2
...Project Charter Your Name: Tiffany S, Deborah H, Sam C Project Name: Training Program for Campaign Fund Drives Project Authorization: A brief statement should identify the authorized project by name. The Partnership Fund has authorized the development and presentation of a training program for their upcoming campaign fund drive. | Project Manager Authorization: The name of the project manager, including a description of his/her responsibilities should be clearly identified. Deborah H. is the project manager. Her duties include overseeing the team processes, collaborating with team member to delegate roles, monitoring team progress, and providing feedback to team members. | Key Stakeholders: All key stakeholders identified in the project proposal, those who can positively or negatively influence the success or failure of a project, must be identified. Their functions and roles must be defined clearly to avoid role confusion. List all stakeholders their roles, and how they will contribute to the project. Name | Role | Contribution to Project | | Board Members | Lead the fund Drive | Learn new fund raising techniques and solicit for donations. | | Volunteers | Assist board members in the fund drive | Assist the board members and learn new fund raising technique and solicit for donations. | | Recipients | Receive the donations provided by the fund drive | Will help publicize the fund drive.The stakeholders who will benefit from the fund drive...
Words: 1733 - Pages: 7
...Veronica Knox Ethic Situations in Business September 18, 2013 Part A: Evaluate Company Q’s current attitude toward social responsibility. Company Q’s current attitude toward social responsibility seems to be obsolete. Company Q appears to be one of a company which is implementing decision making out of frustration based on a series of events experience by the company which has impacted the company profit making ability. However, social responsibility calls for Company Q to act on the benefit of society or in this case the community at large. As a small grocery store the company depends on the business of locals in their surrounding areas in order to generate revenue. However, the fact that some of their stores are in higher crime areas this deters consumers from shopping in their stores which leads to a low profits and high expense for the inventory they carry in their stores. The passage mentioned that Company Q has had to close a couple of stores because of the higher crime rate in the areas of these locations. Therefore, it is likely that the company would not be thinking about social responsibility when asked by area food bank for donation of day old products. Frustration would be a logical justification for why Company Q would cite loss of revenue due to possible fraud and stealing by employees because the donations should actually have a positive effect by improving company, employee and community relations. If Company Q proceeded with actually donating...
Words: 716 - Pages: 3
...Checkpoint: Collaborative Fund-raising Activity Dora McKinney November 21, 2012 HSM/260 Instructor: Greg O’Donnell Checkpoint: Collaborative Fund-raising Activity Phoenix Homeless Agency (PHA) needs funds to continue providing job counseling to qualifying recipients. Discuss with your assigned group how nontraditional sources of funding might be used to solve the funding problem for the Phoenix Homeless Agency. Be creative! Determine the strategies from your discussion group that you feel would best solve the funding needs for PHA. In dealing with the Phoenix Homeless Agency, the mission that is providing a good and sufficient service to the clients. The agency needs to figure out the most efficient ways to fund it. To fund, there is a variety of fundraising strategies with effort and dedication will be successful. The first strategy that is in mind for our agency could be to try promoting and soliciting money by using different kinds of campaigns. This would if successful, far as generating money. The large supporters and companies would be able to donate funds to benefit both sides, so in doing so the companies and supporters would be able to have a lower tax and...
Words: 560 - Pages: 3
