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Dec 25

How To Deal With Unpaid Fundraising Pledges_1

Many groups depend on fundraisers to raise money that will help them host a variety of activities for their members and act on their causes like giving donations to charitable institutions. These groups need to organize fundraising activities that will attract a lot of attendees and donors that will sponsor and contribute money and items to them. Fundraising events such as casino nights, live auctions, formal dinners and the usual fundraisers like bake sales, car wash days, concerts, and sports competitions are all great ideas for groups to raise funds.

If groups want to have a steady fundraising income, they can also ask individuals, companies and other groups to make pledges to help fund their activities. Small and large organizations can approach local restaurants, shops and companies to make a monthly or yearly pledge that will certainly help in keeping their groups active. They will find that there are a lot of people who are willing to support their organizations causes.

However, there will be times when an organization will encounter problems dealing with unpaid fundraising pledges from donors. Ideally, it is not difficult to deal with people who have generously made pledges, but the group should know how to handle such a situation. The first thing the group should do is to thank the donors appropriately after an event or after they made their pledges. The group should let them know when their first payment is due and what the details of their pledges are. If the fundraising pledges remain unpaid, then the group should remind the donors of what they committed to. Sending another invoice with a letter reminding them of the pledge they made is a good action to take.

The group should keep in mind that the donors might have just forgotten about the pledges because of their busy schedules and only need a little reminding. People usually pay after being reminded. However, if the donors with unpaid fundraising pledges do not respond, send another letter reminding them of their pledges and asking them if their circumstances have changed and if they need to change their pledge. The group can ask the donors to just call and simply let it know of any changes. If they cannot pay, the group can simply let them off the hook if their circumstances call for such action.

If there are still unpaid pledges after sending letters of reminder to donors, then the group should pick up the phone and call the donors. If the donors cannot be contacted, then the group simply has to write off the pledge as uncollectable. Every contribution is important; unfortunately, there will be unpaid fundraising pledges from time to time.

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