Donations from mentoring organizations
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- "A mentoring organization with sources of income should have a planned budget. Money that isn't required for the budget should at least be considered for donation. A mentoring organization might want to put aside money for expensive purchases occasionally but otherwise making money is not a commendable goal for a mentoring organization. Money allocated for donation can, for instance, be spend for good gifts or OLPC laptops, depending on the votes of the organization members. Donations require a vote because the organization as a whole bears the responsibility of making good use of economic resources allocated for general welfare. Another rationale is the beneficial psychological effect for the decision makers to make a responsible and beneficial decision in common public interest, which is why the decision making process shouldn't be restricted to (e.g) a donations committee." (Quote from Mentoring Handbook)
Projects with fundraising potential
- A mentoring organization could be publisher of a mentoring magazine. (Google Print Ads could be used for a printed magazine)
- A mentor conference could host fundraising events.