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  • Digg It - 8 Non-profit Fundraising Ideas - From a Donor's Perspective PART 1

    Not a week goes by when I am not approached by a non-profit organization and asked for a donation. Some charitable organizations do it with cold calling, some with selling candy. Some 501c
    According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
    3s offer the most ridiculous items and they are instantly dismissed. Some have great ideas at a reasonable price. Some are WAY off in their thinking.

    Below are the most recent charity fun
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    raising techniques that have come my way. Each non-profit fundraising technique includes the price it was offered to me at, the price I think is reasonable AND what goes through the mind wh
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    n I am being pitched with the technique (and some suggestions for nonprofits to increase their donation potential).

    If you are a non-profit and you read this, please understand that I am a
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ormal guy. I can also tell you that a lot of other people think like me.

    1. Non-profit Scratch off cards
    Price: $15 for one card
    Reasonable Price: $15 for one card
    Donor Th
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    ughts/Suggestions: Are the gifts exciting? Do I use these gifts regularly (I am a 25 year old male with no kids. Do not try to sell me a scratch off card with which I could win “Free trip
    ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
    o the Zoo”. I will gladly buy lots of cards if I could win “a 1/2 priced Dinner at Joe’s” or “Buy 1 hour of tennis court time, get one half off”.)

    2. Charity Scrip
    Price: $20 for a $
    easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
    5 Olive Garden Gift Certificate
    Reasonable Price: $25 for a $25 Olive Garden Gift Certificate
    Donor Thoughts/Suggestions: I go there once in a while. It’s a nice place. Once agai
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    , know your audience and try to match the gift certificate with the potential donor.

    3. 501c3 Candles
    Price: $18 for 2 candles
    Reasonable Price: $10 for 2 candles
    Donor Thoug
    and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
    ts/Suggestions: Candles are nice. Candles appeal more around the holidays. Candles are great around the holidays when they come in scents that my grandmother would like and they are gift w
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    apped!

    4. Non-profit Bricks
    Price: $35 for a brick with my information on it
    Reasonable Price: $50 for a brick with my information on it
    Donor Thoughts/Suggestions: This is c
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    ool. My name (or company name) will be on a walkway at your non-profit forever. I am in! This is a cool idea! Just make sure I can fit all the information I want on the brick.

    5. Charit
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    Calendars
    Price: $10 for one non-profit calendar
    Reasonable Price: $0 for one non-profit calendar
    Donor Thoughts/Suggestions: No. No. No. I use Microsoft Outlook. I never us
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    paper calendars. If I tell you I’m going to buy your calendar and put it up on my wall, you should interpret that as “I think my grandmother will love it” or “I’m throwing this away when y
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    u leave”.

    6. 501c3 Chocolate
    Price: $6 for one box of Godiva chocolate
    Reasonable Price: $10 for one box of Godiva chocolate
    Donor Thoughts/Suggestions: I like a little bit o
    t?

    As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
    chocolate every once in a while. My girlfriend really likes chocolate. Ok, I’ll take some chocolate. 2 boxes please.

    7. Charity Car Flags
    Price: $4 for a your 501c3 car flag
    R
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    asonable Price: $0 for a your 501c3 car flag
    Donor Thoughts/Suggestions: No way. It’s not going on my car.

    8. Non-profit Child ID Program
    Price: $25 for my kids ID, teeth imprint
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    and short video
    Reasonable Price: $100 for my kids ID, teeth imprint and short video
    Donor Thoughts/Suggestions: I don’t have a child but if I did I would do this. This is a good
    .

    As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
    hing, more parents should do this.

    So there it is. Take notes. Listen to my suggestions and you will have a better offer for charity donors to consider. Along with these techniques you s
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    ould also be collecting donations on your website. Your non-profit website is available to the public 24/7 and should be collecting donations, memberships and selling tickets to your events


    tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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