Wednesday, October 27, 2010

How to count fundraising costs

How to count fundraising costs: "How do I count fundraising costs to determine the average per dollar raised?

The average cost per dollar raised is a frequently asked question but the answer is less meaningful if you’re trying to compare dissimilar charities who have traditionally allocated costs differently. With continued media attention, the cost of raising money is in the forefront of many people’s minds. It’s important that the leadership team (board and chief executive) take fundraising costs seriously but it’s hard to ensure we’re comparing apples to apples."

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