"Focus: Banking & Finance" piece on the intense competition for fundraising doll

Authors

Kerry Elson

Source

Mainebiz

Date

12-10-2007

Pages

34-35

Abstract

"Focus: Banking & Finance" piece on the intense competition for fundraising dollars, which has Maine nonprofits sharpening their money-raising strategies. The number of nonprofits in Maine has risen 34 percent since 1996, and many say government funding is flat or in decline. Though individual donations are up, business giving is down. Matt Hoidal, executive director of Camp Sunshine in Casco, has been successful by giving donors a variety of charitable options, making the organization's finances transparent, and holding ever-larger fundraising events in Maine and out-of-state. Hoidal has raised $7.2 million over the last year and a half for the organization's $14.5 million capital campaign. Some Maine nonprofits have had to cut programs, lay off staff, or merge to save money. Others have had success working with consultants. The Maine Discovery Museum in Bangor last year began working with BHC Consulting Group, securing sponsorship for one of its programs. Portland-based Youth and Family Outreach last year hired Portland event planner Kirsten Cappy to produce its first major fundraising event. Mugglefest, a Harry Potter-themed event, raised more than $30,000 after expenses.

Subjects

Fund raising, Camp Sunshine, Maine Discovery Museum Bangor, Youth and Family Outreach Portland

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