October 16, 2011
Stop Running Events That Cost Too Much
Coping in the Downturn
Behind the approach: Fund-raising events cost a lot in time and money, so many groups have been taking a hard look at ways to trim expenses. Others have been working to discard events that weren’t lucrative enough.
What’s working: Father Flanagan’s Boys’ Home (No. 147), in Boys Town, Neb., cut back spending on its big events, especially galas, and told affiliates to do the same. The nonprofit trimmed the number of people
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