What are the common expenses associated with fundraising?
An example of an AI chatbot conversation about fundraising expenses.
What are the common expenses associated with fundraising?
Common fundraising expenses include venue rental, marketing materials, catering, and staff costs.
How can I minimize these expenses?
You can minimize expenses by seeking in-kind donations, using digital marketing, and negotiating with vendors.
Are there any hidden costs I should be aware of?
Yes, hidden costs can include transaction fees, permits, and unexpected last-minute expenses.
What percentage of funds raised should go to expenses?
It's generally recommended that no more than 20-30% of funds raised go to expenses to ensure maximum impact.
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