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Are Charity Special Events A Waste Of Money?

Posted on May 16, 2007November 30, 2019 by Roger Carr

Charity Navigator recently published their 2007 Special Events Study questioning the financial value of charities holding special events. Although fundraising is not the only purpose for putting on a special event (and probably not the most important), it was still disturbing to read the details and conclusions of the Charity Navigator study.

I was not the only one who was disturbed.

The report did not sit well with others who questioned the message of the study. I was happy to discover Peter Panepento from The Chronicle of Philanthropy researched the claims and found a different story. The article, Critics Dispute Claim That Charities Lose Money on Special Events at http://www.philanthropy.com/free/update/2007/05/2007051002.htm documents his findings. The Association of Fundraising Professionals also commented on the issue at http://www.afpnet.org/ka/ka-3.cfm?content_item_id=24074&folder_id=2345.

Special events are important to many charities. They can aid a nonprofit organization in raising funds, increasing community awareness, and identifying additional volunteers and advocates to help carry out its mission. Proper planning and a mindful use of funds for a special event can result in helping your cause and making the world a better place.

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