The Future of Non-Profit Organization Memo.edited

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1 The Future of Non-Profit Organization Memo Student’s Name Institution Course Name and Number Instructor’s Name Date

2 MEMORANDUM DATE: TO: Board of Directors FROM: Executive Director SUBJECT: Recommendations for Engaging Fundraising Professionals Background Save the Elderly is a for-profit organization headquartered in Tampa, Florida, and has been in operation since it was established more than twenty years ago. With its organizational vision of providing housing, food, and clothing Shelter to the homeless elderly population, Save the Elderly partners with wide-ranging agencies and entities to provide supportive and care services to help them return to a productive society. In its twenty years of operation, the organization has always worked in collaboration with other entities not only towards achieving its vision but also to realize its mission of providing necessities, medical care services, and rehabilitation counseling for the homeless and elderly population across the state of Florida. Save the Elderly is currently working across major cities in Florida, supported by a team of fifty volunteers and thirty dedicated staff working across its officers in the subsidiary branches. The annual operating budget for Save the Elderly organization is $ 1 620 6580. The operation cost covers the expenses of programs, the needs of eighty employees, and other necessities to achieve the organizational objectives. Save the Elderly has been in operation for the past twenty years. Therefore, the longevity of the organization is guaranteed. On average, Save the Elderly served over five thousand participants across its program domains. The organizational programs include food, shelter, rehabilitation, and medical care services. Save the Elderly also offers other services, including counseling, physical and emotional, to those elderly

3 in need. The organization's funding mix includes a continuum of sources, essentially donor funding. Recommendations Given that the organization is largely dependent on donor funding, it threatens the long- term longevity of its operations and achieving its goal of returning the homeless older people as independent and self-supporting individuals. Therefore, the consideration of engaging fundraising professionals to create an experiential donor event is significantly imperative. To effectively build a donor experience in the following fundraising, the fundraising professionals would establish an environment that allows donors to interact with the organizational mission. Fundraising professionals use their management skills to bring numerous benefits to non-profit organizations (Hommerová & Severová, 2019). Engaging these professionals would support Save the Elderly in securing regular donations from donors, allowing the organization to achieve its short-term objectives, long-term goals, and broader audience scope. The economic change is potentially impacting Save the Elder's operations differently. In economic downturns, more individuals are often out of work and require a hand. Therefore, the recommendation would be to engage the fundraising professionals during the economic sessions when most people can donate and engage in philanthropic activities. Changes in the economy with globalization significantly affect fundraising activities (Rrustemi & Tuchschmid, 2020). When the fundraising professionals are involved in the donation event, they would be able to support Save the Elderly in pitching its programs to attract more donors and support in creating a compelling proposal that would make it easy for the organization to understand the program scope of the organization. In brief, therefore, widening the scope of the

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4 source of funds through working with the fundraising professional would potentially increase the funds needed for the program's operations and achieve Save the Elderly's long-term vision.

5 References Hommerová, D., & Severová, L. (2019). Fundraising of non-profit organizations: Specifics and new possibilities. Journal of Social Service Research , 45 (2), 181-192. Rrustemi, J., & Tuchschmid, N. S. (2020). Fundraising Campaigns in a Digital Economy: Lessons from a Swiss Synthetic Diamond Venture's Initial Coin Offering (ICO). Technology Innovation Management Review , 10 (6).

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