Three things were worth noting for my nonprofit, Congo Helping Hands.
#1. "Fund-raising's gone viral." Social Media, a form of electronic communication, is important for any nonprofit. It helps you save operating cost to stay connected with your community.
#2. "Even we are cutting back on donations." Reduced investment income and losses has affected every nonprofit. Everybody is cutting back. But the needs have in many cases increased.
#3. "Giving globally can sting locally." I think it is the other way. Giving locally can cost global efforts. Global giving was reduced by everyone, individuals to governments.
10 Things Nonprofits Won't Tell You (Page 2 of 2) at SmartMoney.com.
8. “Giving globally can sting locally.” IN THE WAKE of Hurricane Katrina, more than $5 billion was donated toward relief for the city of New Orleans and its citizens, according to Giving USA Foundation. A worthy cause if ever there was one. And yet, as often happens when donors respond to a major disaster, other kinds of charities felt the pinch as giving dropped, says Margaret Linnane, executive director of the Rollins College Philanthropy & Nonprofit Leadership Center. “Individuals simply have a finite amount they can donate. A disaster somewhere in the world will have an impact on local communities,” she says. How to decide where to send your money when there are so many good charities to choose from?
