Use Donations as Intended
Friday, February 10th, 2006Make sure corporate donations given to a nonprofit organization that are earmarked to help start or support a specific program get allocated to the intended program. If the program is discontinued or doesn’t receive all the necessary funding to move forward, the nonprofit needs to be transparent and let the corporation know about the change; not just deposit the donation in their general administrative account. After being updated as to the status of the program, corporation staff then must decide whether they are willing to have their donation spent another way at the same organization or if they prefer to withdraw the donation to fund another agency with immediate needs that meets their current giving strategy.




