Why The Patch Works Needs to Fundraise
Like all new nonprofits, The Patch Works Art & History Center relies almost entirely on the generosity of the public at large. As a young entity, established in 2016 and receiving its 501(c)(3) status in 2018, The Patch Works has few options when it comes to obtaining financial assistance from grants. The Patch Works must “prove itself” as a viable and worthy charity — only then will major grantors even consider offering financial awards. In other words: a major grantor’s assistance won’t be available until The Patch Works demonstrates that it has long-term support though direct donations.
Most grantors set a minimum age for judging the viability of a new nonprofit: typically, three years after the nonprofit receives a 501(c)(3) status. What this means, essentially, is that a nonprofit must become extremely adept in its outreach, seeking contributions from private donors in order to survive its first three years.
Associative costs for a nonprofit generally fall into these categories:
- Program: Mission-related expenses (anything that pushes the mission forward)
- Administrative: Accounting, filing (daily-grind activities)
- Development: Fundraising, marketing (asking for money)
At this time, bringing in enough money to pay for operating costs and staff is challenging. Since nonprofits are by nature not allowed to generate income through a traditional sales model, only donations will provide The Patch Works with the financial resources to cover these costs.
The Patch Works is now entering its third full year as a 501(c)(3) charity — stymied in its second year by the pandemic. Like the rest of the world, we are adapting to a new “normal” but really need your help in making this transition successful.
So, if you enjoy and appreciate what The Patch Works is doing, please support us with a donation. And the cliché is absolutely true…
…every little bit helps!
On the Please Donate page, you will find several donation options, each with its own qualities, but all designed to bring financial assistance to a nonprofit such as The Patch Works.
Thank you so very much for your support.
The Patch Works Art & History Center is a US 501(c)(3) Nonprofit Organization and a 509(a)(2) Public Charity. Donors can deduct contributions made to The Patch Works under IRC Section 170.
History. Preserve. Cabbagetown.