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Donation spent asking me for MORE money.
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<blockquote data-quote="phoenix" data-source="post: 151991" data-attributes="member: 12578"><p>According to DUKs financial statement in 2009 (not a good year), they spent 2.1m on trading and they had an income of 3.4m from trading, so seems that they made 1.3million from selling things. I would think that the brochure also acts as a timely reminder to people who might then donate or leave something in their wills. </p><p>By far the largest amount ot their income (78%) comes from donations (10m) and legacies (9. 5m) and membership 2.4m. Each pound spent on fundraising last year yielded £3.70 in income. </p><p></p><p>I doubt they would do as well if they cut out all the fund raising activities and associated staff and just left their money in the bank or invested it on the stockmarket. ("investment income was £743,000 in 2008, but largely due to the collapse in interest rates this dropped to £189,000 in 2009"; "investment portfolio made a gain of £547,000 in 2009 compared to a loss of £2.2m in 2008. This is broadly in line with the stock market.'')</p><p>So what's the alternative?</p><p>source <a href="http://www.diabetes.org.uk/Documents/About%20Us/Report_Financial_Statements2009.pdf" target="_blank">http://www.diabetes.org.uk/Documents/Ab ... ts2009.pdf</a></p></blockquote><p></p>
[QUOTE="phoenix, post: 151991, member: 12578"] According to DUKs financial statement in 2009 (not a good year), they spent 2.1m on trading and they had an income of 3.4m from trading, so seems that they made 1.3million from selling things. I would think that the brochure also acts as a timely reminder to people who might then donate or leave something in their wills. By far the largest amount ot their income (78%) comes from donations (10m) and legacies (9. 5m) and membership 2.4m. Each pound spent on fundraising last year yielded £3.70 in income. I doubt they would do as well if they cut out all the fund raising activities and associated staff and just left their money in the bank or invested it on the stockmarket. ("investment income was £743,000 in 2008, but largely due to the collapse in interest rates this dropped to £189,000 in 2009"; "investment portfolio made a gain of £547,000 in 2009 compared to a loss of £2.2m in 2008. This is broadly in line with the stock market.'') So what's the alternative? source [url=http://www.diabetes.org.uk/Documents/About%20Us/Report_Financial_Statements2009.pdf]http://www.diabetes.org.uk/Documents/Ab ... ts2009.pdf[/url] [/QUOTE]
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