NONPROFITS: 101 & FUNDRAISING AYF 2013– PROVIDENCE “VARANTIAN” CHAPTER

TODAY’S AGENDA  What is a NONPROFIT?  Why is the AYF a NONPROFIT?  What’s in it for ME?  Group Discussion  101 ways to FUNDRAISE!

WHAT IS A NONPROFIT?

A LITTLE NATIONAL DATA … An estimated 2.3 million nonprofits in US, 1.6 million nonprofits were registered with the (IRS) in 2010, an increase of 24 percent from 2000 The nonprofit sector contributed $804.8 billion to the U.S. economy in 2010, making up 5.5 percent of the country’s gross domestic product In 2011, $ billion was given to private charities, including religious congregations and public charities In 2011, 26.8 percent of adults in the United States volunteered with an organization Volunteers contributed 15.2 billion hours, worth an estimated $296.2 billion. Source. The Nonprofit Sector in Brief: Public Charities, Giving, and Volunteering, 2012, summarizing the Nonprofit Almanac 2012, Nonprofit-Sector-in-Brief.pdf

SUBSECTORS Education Arts & Culture Health & Human Services Social Services Legal Services Civic and Environmental Advocacy International Relations and Development Many others!

SOME OF THE MOST RECOGNIZED NAMES… Nationally… Red Cross Habitat for Humanity American Cancer Society Locally… Crossroads of Rhode Island Lifespan Rhode Island Foundation

WHAT THEY DO Feed the Hungry House the Homeless Care for the Sick Educate the Public Provide Cultural Enrichment Protect the Environment Advocate for the Disenfranchised Develop People for the Workforce So much more…..

MANY NAMES… Nonprofit corporations Organizations The third sector The voluntary sector Public charities Tax-exempt organizations 501(c)(3)s, 501(c)(4)s, etc. Advocacy groups Associations Federations

THE 501(C)(3) Public charities are the most numerous Classified by IRS as 501(c)(3) Tax-exempt Must apply for this designation IRS will scrutinize their charitable purpose to be sure it qualifies Also must pass a public support test

MAJOR DIFFERENTIATING CHARACTERISTICS… They are MISSION BASED  Mission is everything! They are not for profit but that doesn’t mean they don’t can’t have $!!!  Surpluses get reinvested back into the organization Measure outcomes differently…  Greatest outcome would be: that the nonprofit is no longer needed because the problem is solved!

WHY IS THE AYF A NONPROFIT?

ARMENIAN YOUTH FEDERATION Based on what you’ve just learned, why do YOU think the AYF is considered a nonprofit?

BRIEF SUMMARY OF THE AYF Founded in 1933, the Armenian Youth Federation serves as the youth organization of the Armenian Revolutionary Federation. The AYF stands on five pillars that guide its activities: Educational, Hai Tahd, Social, Athletic and Cultural. Moreover, the AYF promotes a fraternal attitude of respect for ideas and individuals amongst its membership. Unity and cooperation are essential traits that allow members of the organization to work together to realize the AYF’s objectives.

MISSION OF THE AYF The Aims and Purposes of the AYF-YOARF are as follows: To bring together Armenian youth, to work in cooperation with the Armenian Revolutionary Federation To prepare Armenian youth for future membership in the Armenian Revolutionary Federation To engage the youth in active involvement in the Armenian community; To foster nationalistic pride amongst all Armenian youth through educational, political, cultural, athletic, and social activities. To organize, nurture and educate youth in the spirit invoked by the ideals of a united, free and independent Armenia

WHAT’S IN IT FOR ME?

How can being in the AYF help me in the “REAL WORLD”? COMMUNITY LEADERS!  Working side by side with the leaders in your community!  Attending and participating in organizational meetings, community gatherings, political events, seminars, conventions, olympics, and working with advisors, members of the board of trustees, directors etc. POSITIVITY!  Working for a good cause, feeing passionate about what you're doing, increasing your own and others’ awareness about the Armenian culture and history and make the world a better place! EDUCATIONAL!  You learn about our culture, history and traditions and get to "wear many hats" and participate in a variety of activities that you otherwise would only read about…

FUNDRAISING FUNDAMENTALS A SNEAK PREVIEW OF THE WORLD OF FUNDRAISING

DEFINING FUNDRAISING Fund-raising (fund’rā’ zing), noun  the act or occupation of soliciting money for charitable organizations, political parties, etc. More importantly:  The belief and passion for the mission of an organization “Sincerity is a fundraiser’s greatest asset” - GuideStar

PUT ON YOUR THINKING CAP…

FUNDRAISING BRAINSTORM Fundraisers have to be persistent and get creative… How many ways can you think of to raise money?

 Special events  Grants  Individual donors – “friend-raise!”  Corporate donors  Board of Directors  Membership fees

QUESTIONS???