Use a giving day to raise money — and awareness — for your nonprofit

What are you doing November 28? If that date doesn’t ring a bell, your not-for-profit probably hasn’t made plans to participate in National Giving Tuesday. But considering the opportunities associated with it, maybe it should.

What is it?

Giving Tuesday, or National Day of Giving, was created to encourage Americans to contribute to charity during the holiday season, similar to how they participate in commercial shopping events such as Black Friday and Cyber Monday. Like Cyber Monday, Giving Tuesday wouldn’t be possible without technology. Participants use social media to raise awareness about issues and how their nonprofits are responding to them. Raising money online is a central goal, but Giving Tuesday is also intended to educate potential supporters and encourage them to volunteer in their communities.

Since its establishment in 2012 by New York City’s 92nd Street Y, Giving Tuesday has grown into an enormously successful global event. It has more than 40,000 charitable, for-profit business and government participants, and in 2016 it raised more than $168 million in a 24-hour period.

Get involved

If you’re interested in participating, sign up at GivingTuesday.org. You must be registered as a 501(c)3 organization and you’ll need to provide a link to your own website or a third-party payment service that supporters can use to make donations. Donors can’t directly give money to your charity through the Giving Tuesday website. What the site does offer, however, are free marketing tools and advice on leveraging your social media presence and support base for maximum impact.

Your nonprofit’s participation in this designated day can be minimal or substantial, depending on your resources and greater objectives. If this is your first year, try a simple, focused goal. For example, use the day to remind supporters to make tax deductible gifts by year end. Or publicize the list of supplies your facility needs on an ongoing basis.

Start planning

If you hope to participate this November, start planning now. Or, consider participating in another 24-hour fundraiser. In addition to city-specific events held throughout the year, such as Pittsburgh’s Day of Giving and Seattle’s GiveBIG, there are more general options, such as Give Local America.

Upcoming Events

NYSSCPA Single Audit and Yellow Book Deficiencies Seminar

New Jersey State Bar Association Annual Meeting and Convention

Long Island C-Suite Breakfast

Opportunity Zone Forum 2019

AICPA Not-for-Profit Industry Conference

NJCPA'S Governmental Accounting & Auditing Conference

The New Yellow Book: Government Auditing Standards

Not-for-Profit Financial Reporting: Mastering the Unique Requirements

Applying the Uniform Guidance in Your Single Audits

Accounting & Finance Show