Monday, March 28, 2011

Donations Welcome

Today helping my brother sponsor his local high school scholarship essay contest I received $50 from a concern donor toward the prize money. This is where accounting record keeping becomes important. Make darn sure you note this money as a significant revenue source donated especially for the scholarship fund. Your organization may have approved and allotted the funds expenditure already but be on the safe side and recognize this nonreciprocal revenue.1 This is not an ownership investment so good record keeping is necessary. We must not skimp.2 Even when there seems to be more important needs for the donation one must recognize a contribution in the right way.

Wednesday, March 23, 2011

Columbus Day is the Trash to Treasure Fund-raiser Dinner and Auction

I am organizing an October 10 Columbus Day fund-raiser event this year . Donated goods will be collected during August and September. All you have to do to donate goods is call me. We will come and gather everything, price and prepare for a good cause. All proceeds will be donated to various sub-recipients who mange recognized charities

Price of admission will be $25 dollars. This contribution entitles you to have an excellent dinner before the privilege opportunity to join us in an elegant auction. There will be a browse time before dinner. You can either place a pre-bids on reserved priced items or wait and make an offer during the auction action for that special desire piece.

Friday, March 18, 2011

Easter Baskets for the Chilfdren

During a recent meeting I requested from a collective non profit organization a small $ 75 donation for a favorite sub-recipient to help her prepare 200 Candy Easter Baskets for children under 12. I am part of this select organization and know their accounting system of funds their own internal functions. The general rule for cooperative non-profit is to expend all funds available on expenditures before the end the fiscal year. The general fund for this collective has their own special funding established and budgeted with reserve money for their perpetual activities. However, there was a small excess to be appropriated for requests for unreserved activity. When tax issues leaves unreserved excesses to be expended I try to submit a valued charity with as much pleasurable persuasion as possible. I was appropriated this reasonable request but found that generally there is a committee to check out every detail before any encumbrances are granted for an allotment of funds.

Monday, March 14, 2011

Sunday Fundrasier Breakfast

First hand experience is the best method for collecting data. Other secondary areas for information are found online reports; magazine articles; interviews and related text. Treasurer experience has allowed me to constantly be active in one project activity or another. One activity known to all fundraisers which everyone can attend in your local area is the breakfast fundraiser for raising restricted funds for a particular group. Sunday I attended a baby shower fund raiser in Allentown. I purchased ten promised tickets for the event and my members and wives used them to attend. It was sponsored for two different organizations. The first was a retreat counseling center for troubled women who had undergone an abortion. The findings were many women suffered guilt because of these awkward terminations. The other charity was a half way house for unwed mothers who wanted to keep their child but face much difficulty in doing so. The group who organized this is part of a network of non-profits. It turn out to be successful, a full basement of good people. Now no fundraiser pancake and egg breakfast is complete with out raffle and the proceeds half to the winner and half to the recipient organization. All five network groups offered money, children consumer goods and gift certificates for a contribution. A few caring groups also pledge donations to be mail in the future. The guest speakers talk about their particular activities and concerns. This prompted a doctor to report a large donation was received for ultra- sound equipment for the Good counsel half way house. All in all everyone had a great time socializing with friends and supporting good pro life functions. I suggest if you can attend a fundraiser dinner or breakfast do, it is well worth your time. I am starting a communication outreach with organization to locate mission ministries in the Mercer County area TO expend donations received to charity projects. The non profits funds raisers and grant funding recipients’ are responsible fiduciary for moneys and supplies to offer to sub recipient charitable concerns. Many concerns for funds become perpetual so the need to launch a pilot program to research new funding revenues for charities is excellent activity to start.