In the last two weeks, the stock market has sunk to two of its lowest days of trading in Wall Street history. The media is riding the panic selling and it feels like they are actually reveling in a recession. Everyone is concerned, but what does it all mean to non-profit organizations who depend on sponsorships, underwriting and other forms of generous donations to assist their cause?
There is no need to harp on the obvious of economic strife in the USA, but the US economy is not dead. Wall Street is designed to bend and not break. It is like a rubber band. It stretches as far as it can go and it snaps back. Then it starts to stretch again. Traders buy, buy, buy then sell, sell, sell then its back to buy, buy, buy. The stock market is not your guide to non-profit support.
In a time when giving to charity could be dropped down the list of priorities, I have found that hasn't been the case at all. People and companies are still buying table sponsorships, attending galas and participating in lively bidding during auctions. If you give your guests a reason to bid, they will come through!
In nearly five years of conducting auctions I have successfully exceeded the money goal for every auction. I have a 100% return on investment for my clients! This has occurred in a time where companies have shutdown and people have left the Midwest for other opportunities in the South. The market may be down right now but when I conduct a benefit auction giving is UP! Let me help you raise your funds because giving is UP!
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