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A New Approach For Non-Profits to Raise Cash



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By : postarticle bosa    29 or more times read
Submitted 2010-06-18 22:04:03
If you're involved with a non-profit organization, you recognize all too well the second most significant factor you are doing is raise money. The fact is you cannot do what you do while not money.

There are over 1.5 million non-profits in the United States, with new organizations being formed every day. There's a finite range of bucks that will be donated every year to the non-profit sector, every of those 1.five million organizations is out there positioning themselves and marketing for his or her slice of that pie. Sounds sort of a powerful gig, however what if there was another pie that no-one was trying at, wouldn't it be easier to travel get a slice of that pie while not all the competition?

It turns out there's another donation pie out there, it absolutely was created by Fees To Funds. The Fees To Funds was developed to assist non-profits raise cash during a terribly distinctive means - thorough merchant account mastercard processing. Most non-profits these days have a merchant account so they'll accept mastercard payments for donations. When a non-profit (or for profit business) accepts credit cards for payments, they pay fees for the acceptance services to Visa and Master Card, and also the processing companies that manage these merchant accounts. When non-profits sign on with the Fees To Funds program, they still pay those fees, but Fees To Funds offers them a lower rate structure - thus they economize on those fees - then they donate 25% of their gross revenue from those fees right back to the non-profit. Sounds nice, however it gets even better...

Every non-profit out there has a supported base, very often, many of the supporters for a given non-profit are business owners. What Fees To Funds provides is an opportunity for the non-profit to partner with them in an exceedingly fundraising campaign to introduce the Fees To Funds program to their business owner supporters; they offer the business house owners the same deal, Fees To Funds lowers their merchant account fees thus they save cash and then donates 25% of their gross revenue from all of the business owners merchant account fees back to the non-profit. The program allows the business owner to extend their charitable giving while not spending a penny. It creates a brand new, monthly residual income stream for the non-profit at no load to the business owners; of course, they really economize in the process.

The business owner saves money on a necessary expense and will increase their financial support to their favorite non-profit at the identical time, and, the non-profit gets a complete new residual income stream - everyone wins.

Advantages of the Fees To Funds Program:

• Converts a portion of an existing expense into donation revenue

• No ongoing fundraising activities

• Creates a passive residual income stream for the non-profit that continues for years

• Simple and painless to implement

An further bonus to the funds raised through the Fees To Funds program is that these funds are unrestricted - the most effective kind of cash a non-profit will receive. Several of the grants and donations non-profits receive are restricted to terribly specific comes or uses, in distinction, the funds generated by Fees To Funds go into the non-profits general fund and will be used for any purpose.

This can be free money out there simply waiting to be collected each month, what non-profit would like that? If you're a non-profit, or a business owner passionate regarding supporting a non-profit, you should check out the Fees To Funds credit card processing donation program.

Author Resource:

Postarticle has been writing articles online for nearly 2 years now. Not only does this author specialize in dating,Relationship
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