June 6, 2013
Susan G. Komen for the Cure, the nonprofit dedicated to education and research about causes, treatment and the search for a cure for breast cancer, has been holding runs and walks for roughly two decades, but has been forced to cancel many of its eventsin 2014 due to economic uncertainty and competition from other charities.
Komen cuts its number of events
The nonprofit is canceling its three-day, 60-mile races in Arizona, Boston, Chicago, Cleveland, San Francisco, Tampa Bay and Washington, D.C., but will still hold events in Atlanta, Dallas, Michigan, Philadelphia, San Diego, Seattle and Minneapolis in 2014. Each participant in the race is required to raise $2,300, which may play a role in the decreased interest in the event. The economy is simply making it difficult for racers to gather the necessary amount of money.
"Many participants have reported that enthusiasm for the series remains very high, but it is more difficult for people to donate at levels they had in the past," said Andrea Rader, spokeswoman for Komen. "We hope to one day return to a larger number of markets, but believe strongly that this adjustment will allow us to return the greatest amount of dollars to the cause at this time."
The recession puts a damper on fundraising
While it may be a stretch to say that the economy is the only thing to blame for the the forced cancelation of races, the recent release of the "Run Walk Ride 30" report revealed that 3-Day for the Cure, which is put on my Komen, suffered the largest hit to revenues in the whole study. This points to the fact that the events are not as fruitful as they once were. The total gross revenue in 2012 for the races fell $57.5 million, or 31.9 percent, from the previous year. However, a lack of sponsorship could also play a role in the falling revenues.
"It's a little bit of everything," Rader told The NonProfit Times about the event's fundraising and participation troubles. "The fundraising environment has been challenging over the last few years, and it's been difficult for some of our participants to do these big events that have a high fundraising requirement. Things have been relatively steady but participation has been declining since about 2009."
First Nonprofit has saved us so much money over the state’s program. We had one little glitch with the state recently and we contacted FNP immediately. FNP staff called us back immediately and moved to remedy the problem.
First Nonprofit has been a great partner. They have helped us saved hundreds of thousands of dollars! They have awesome resources for our nonprofit organization. Thanks for the partnership.
Life is certainly busy these days but having business partners like First Nonprofit has made some of the process hassle free. We have worked with this team for years. When we changed payroll systems, they outlined every step. I think this team is terrific and I know they get the job done! Thank you, Cruz, to all the team at FNP.
FNP has helped our agency to save thousands of dollars every year on our unemployment coverage. The service is phenomenal, and we are thankful to their team as our partner. My experience working with Marshall on the advocacy around UE for nonprofits was also a highlight as someone who teaches advocacy and lobbying for nonprofits. Really, your whole team is top shelf, so thank YOU!
Chicago Children’s Theatre has greatly benefited from our partnership with First Nonprofit, and I have always enjoyed working with the staff on our filings and any complicated questions. I would not hesitate to recommend First Nonprofit to fellow nonprofits. We’re very happy customers.
FNP is a great resource for Daniel Kids. To have a TPA that we can count on to take point on not only managing our unemployment claims, but to support and guide any protest hearing, is invaluable. All the professional support staff we have worked with have been excellent, very knowledgeable and responsive. We are grateful for the help and support, thank you.
When I first began in my position at my organization, I hadn’t had experience working with a company like FNP. The staff was so patient and helpful in helping to explain the benefits of First Nonprofit. Anytime I reach out with a question I receive a quick, clear, and thorough response. I’m so thankful that we decided to partner with FNP. Their excellence in customer service, coupled with their variety of packages frees us up to truly serve our staff and community with a peace of mind knowing that our organization is protected against unanticipated unemployment insurance expenses.
First Nonprofit gets an A+ in my book. You are so easy to work with & very knowledgeable! Whether it is my quarterly correspondence with Kim or my random interactions with Dawn about a bond … I am so pleased that I get to work with such a helpful company. Thank you!