Wednesday, July 27, 2005

Average Charity Netted 41 Percent From Commercial Fundraising In 2003

Average Charity Netted 41 Percent From Commercial Fundraising In 2003: "Average Charity Netted 41 Percent From Commercial Fundraising In 2003
Attorney General Releases Annual Fundraising Reports; Publishes Donor Guide On Solicitation
By: Office of the Attorney General
Published: July 22, 2005 at 09:00

Attorney General Bill Lockyer today released a report that shows the average charity in 2003 received just over 40 percent of the revenue raised in donation campaigns run by commercial fundraisers, with roughly one-quarter of the campaigns netting nonprofits 15 percent or less.

'Charities need to carefully assess whether employing commercial fundraisers is the wisest, best way to raise money for valuable programs that serve our communities,' said Lockyer. 'The average nonprofit's receipts from these campaigns improved slightly in 2003. Unfortunately, the numbers show that too many charities receive too few dollars from too many commercial fundraising efforts.'"

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