Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Pro sports charities hoarding cash, overspending on fundraising, (Flames worst)

Macindoc · 11-01-2018, 02:09 PM

The major difference I see between the Flames and other teams' foundations is the portion of revenues that comes from non 50/50 and non-event sources. All of the other organizations listed had a substantially higher proportion of (non-50/50) revenue that came from donations and "other" sources. Special events are the least efficient means of fundraising in terms of revenue compared to expenses (whereas accepting donations carries almost no overhead), and since the Flames Foundation had by far the largest proportional contribution of special events to its revenues, it could only be expected that it would rank the lowest on this list of fundraising "efficiency". MLSE, with the lowest proportion of its (non-50/50) revenue coming from special events, had the highest "efficiency", as expected, with 82% of their revenue coming from donations and corporate sponsorships, which have minimal overhead costs.

Having said this, it does raise the question of whether the Flames Foundation should continue to organize special events to fundraise, or whether more net funds could be raised by focusing on other potential revenue sources.

11-01-2018, 02:09 PM	#209
Macindoc #1 Goaltender Join Date: Apr 2017 Exp:	The major difference I see between the Flames and other teams' foundations is the portion of revenues that comes from non 50/50 and non-event sources. All of the other organizations listed had a substantially higher proportion of (non-50/50) revenue that came from donations and "other" sources. Special events are the least efficient means of fundraising in terms of revenue compared to expenses (whereas accepting donations carries almost no overhead), and since the Flames Foundation had by far the largest proportional contribution of special events to its revenues, it could only be expected that it would rank the lowest on this list of fundraising "efficiency". MLSE, with the lowest proportion of its (non-50/50) revenue coming from special events, had the highest "efficiency", as expected, with 82% of their revenue coming from donations and corporate sponsorships, which have minimal overhead costs. Having said this, it does raise the question of whether the Flames Foundation should continue to organize special events to fundraise, or whether more net funds could be raised by focusing on other potential revenue sources. Last edited by Macindoc; 11-01-2018 at 02:17 PM.