NPM700 Lecture Notes - Lecture 7: Fraser Institute, Advertising Mail, Direct Debit
Document Summary
Fewer canadians are giving, but more is being given. The primary source of funds varies significantly by type/size of organization . Smaller orgs rely more on gifts and donations for revenues than do larger organizations. Larger orgs, particularly hospitals and universities, rely more on government funding. Registered charities also rely upon government funding and also rely upon gifts and donations than non-charities. There are 5 primary ways npos can earn income : membership fees & dues. Earned income sources cont"d : fees for service. Sliding scale often used in social service organizations and flat rates for sport groups/associations. Earned income sources cont"d : membership fees and dues. A source of revenue and given the loyalty usually associated with members, a source of additional future giving. Earned income doesn"t generate enough income to replace the need for a. Organizational needs are often classified into 4 specific categories: ongoing annual needs.
