Fundraising
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Don’t Conduct Your Raffle Like the “Big Boys”
If you attended an NFL, MLB, NBA, NHL, or MLS game in Texas over the past couple of years, you may have seen the home team conduct a raffle as a fundraiser for their own charity or foundation. By state law, these teams are allowed to host raffles at each […]
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4 Important Fundraising Questions for Youth Sports and Booster Clubs
Here are four questions that every board and committee member should be able to answer about their fundraising efforts. 1. What defines a sponsorship versus an advertisement? For tournaments and other events, it is imperative to know the difference because one qualifies as a possible tax-deductible contribution and the other […]
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Texas Nonprofit Fundraisers and Sales Tax
Now that the holiday season has arrived, I’m seeing many nonprofits promoting their holiday fundraising sales. Everything from candy and fruit cake to gift wrap and candles is available as well as events such as carnivals, breakfasts with Santa, and more. Are you aware of how Texas sales tax may […]
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Did yesterday’s election affect nonprofit organizations?
If you voted in Texas yesterday, you saw a proposed constitutional amendment on your ballot addressing certain organizations’ ability and qualifications to hold charitable raffles. If your organization has ever conducted or plans to conduct a raffle to raise funds, are you well-versed in the law? When I ask people […]
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Increasing Donor Involvement Through the Art of Acknowledgement
Few organizations have truly harnessed the power of simple, yet powerful methods for acknowledging donors and event sponsors. Be aware, however, that by “acknowledgement,” I am not referring to just the “thank you” note for a contribution. I am referring to donor engagement to lead a donor from the simple […]