Sep 14, 2009
Chapter calls on supporters for donations before fiscal year end
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In light of the current economic downturn, the National MS Society, Minnesota Chapter for the first time will call on supporters to make donations before its 2009 fiscal year comes to a close on Sept. 30.
While Sept. 30 may seem insignificant, donations received before the end of an organization’s fiscal year can be important, especially during tough economic times. “During times like these, it matters that donations come in sooner rather than later — this helps ensure we meet our financial goals for the year and are prepared for the next,” said Minnesota Chapter Vice President of Development and Major Gifts Shannon Wolkerstorfer. “Gifts to the society are important any time of the year, but right now, we’re asking for help with a last-minute rally so we can regain our financial footing as we enter 2010.”
According to a June 2009 study released by the Minnesota Council of Nonprofits, the recession has seriously affected the state’s non-profit sector, showing an across-the-board decrease in all major revenue sources. Plus, of the 571 Minnesota non-profits surveyed,
a majority reported an increase in demand for services, which rings true for the MS Society.
“Living with a chronic illness can pose a number of financial challenges such as lost wages and medical bills,” said Sarah Danen, Director of Client Services for the chapter. “For many people with MS, every day is an economic downturn, even when times are good.”
Get involved
To make a donation to the chapter, click here.