Published on League of Women Voters of Maryland (http://lwvmd.org/Member)

Finance and Allocation

The LWVMD and MVEF engage in fundraising at the state level, soliciting contributions primarily from businesses, corporations and organizations that operate throughout the state, foundations and individuals (including members of the League). Activity is under the general direction of the finance committee chairman.

In approaching contributors the following factors are assessed:
  1. What is the contribution history of the contributor?
  2. Is the contributor giving a minimal amount which might be substantially increased?
  3. Has there been a relationship with a LL?
The following principles guide fundraising efforts:

The LL will be notified of LWVMDs intention to solicit a contributor in its area. If the contributor to be approached is already giving at the local level, the LWVMD will not solicit without agreement by the LLP. Nothing in this policy prohibits LLs from continuing local fundraising drives soliciting funds from local businesses and corporations for that LL only. The LWVMD should be notified to avoid duplications.

Allocation Formula

New contributions: 10% of the contributions go to the LL if it supplies the name of the potential contributor and provides one person to serve on the team making a solicitation call. Plans for approaching the contributor and follow-up solicitation will be the responsibility of the LWVMD.5% go to the LL where the LWVMD initiates the contact, follows through on the solicitation and produces a contribution. (I.e., When the contribution was developed entirely by state initiative.)Increase over present contributions: 20% of additional contributions go to the LLs where the LWVMD succeeds in securing a larger contribution from an "old" contributor unless specified differently by the contributor. If more than one LL is involved, the percentage going to LLs will be determined or negotiated at the time the contribution is received. The LL is guaranteed to receive no less an amount than it received from that contributor in the preceding year providing that the contribution received is not less than that amount received in the preceding year. 
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League of Women Voters of Maryland
106-B South Street, Annapolis MD 21401
Tel. 410-269-0232
Email: info@lwvmd.org or web@lwvmd.org Website: LWVMD.org

Source URL: http://lwvmd.org/Member/node/506