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Family Reunion Forum

Re: Create Non-Profit Family Association

Hi Tamecka:

Several of my clients are non-profits who retain me to seek corporate funding for their organizations.

I have some suggestions and comments:

First, I would suggest that you visit the Foundation Center at the link below. Although the site is supported partially by subscribers, you don't have to be a member. You can search and read articles about corporate funding. By using the search engine you can find companies or foundations that support educational scholarships on a local or national level.

Secondly, it is important to find an attorney in your area that specializes in non-profits. Yes, it costs money, but you get what you pay for. There are different types of non-profit foundations and it is important that an attorney explains this to you.

Also many corporations donate money to education programs, but do not donate to foundations that give money to educational organizations or in your case, I suspect individuals. Please understand their thinking, why should they? The corporate foundation is in competition with another foundation.

Lastly, many local offices of major companies support community and educational involvement. Banks in particular are strong supporters of community projects. From my experience, some of the best community oriented banks are Chase Bank, Wachovia, Citibank, and Bank of America. These banks have had sterling community programs for decades. You can visit their sites to find out more information, or contact their local or regional offices.

Having said that, most funders are looking for:

1) a history of fundraising

2) a strong educational program that they can support

I would also suggest that you family explores or attends meetings sponsored by Associations of non-profit organizations. You can find them at the Foundation Center too.

I hope this very brief explanation will help you.

Regards,

K Wyer Lane


18 Dec 2002 :: 14 Nov 2008
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