Fundraising, Friend Raising, Crowdfunding, Corporate Donors, Individual Donors, Loans…all are ways of fund development for your creative reuse center.
|photo courtesy of sxc.hu|
There are some distinct areas of difference between doing business as a for-profit and a nonprofit organization. This is one of those areas. You can’t offer a return on investment for an interested donor as a nonprofit but in most cases, you can offer a tax deduction to friends, fans, and funders
If you decide to become a for-profit venture, you can look at bank loans, investor capital, Kick Starter, or other ways of getting the money together. Here, the opposite is true; you can’t promise a tax deduction, but you can offer a return on investment or other stake in your company.