Gift givers contribute to organizations without expecting compensation, including money, services, and items. Donors can be recognized through events, plaques, and other acknowledgments. Organizations may cultivate donors through fundraising efforts and soliciting community businesses.
A gift giver is a contribution made to an organization without expecting collateral compensation. Typical gifts can include money, equipment and services. A gift from the giver can be a one-time offer or part of a series of gifts to be distributed over time.
One of the most common and sought after types of donors is money. There are several ways a donor can make this type of contribution. It can be a single donation, an annual offering, or a large amount made in multiple payments. Large amounts of money can come from the deceased’s estates, transferred stocks, and other investments.
Another type of donor is professional services. This can include virtually any field. Some of the common services that a business can offer to an organization include printing, legal aid, and special event services such as catering and public relations.
A gift from the giver can also be an item or a series of items. Some of the small things an associate might offer include office supplies, equipment specific to the needs of the organization, and other items needed for day-to-day operations. Larger items may include building materials, playground equipment, or vehicles needed for the organization to operate. In some cases, a donor can provide a significant amount of the materials needed for a large project.
While there are many contributors who will give a donor gift to an organization on their own initiative, most organizations need to have some type of donor cultivation program. This may include ongoing and annual fundraising efforts such as auctions, galas and telephone solicitations. An organization may also solicit items and services from community businesses for use in regular operations or in fundraising events such as auctions and sweepstakes.
While an organization does not provide collateral compensation for a donor gift, it will often have a way to recognize donors. One of the most common ways to acknowledge donor contributions is to list the donor’s name in a prominent place such as company literature; plaques; or objects such as furniture, buildings and tiles. An organization may also recognize donor gifts by hosting a special event for the contributors, such as a show, special meal, or exclusive access to articles or events relevant to the recipient’s work. Some organizations also offer small gifts such as bags, water bottles and travel mugs. Often these items will be inscribed with the organization’s name.
Protect your devices with Threat Protection by NordVPN
