Pledge Model
Definition
The Pledge Model is a fundraising strategy where potential donors pledge to give a certain amount of money towards a project if certain conditions are met.
Benefits
The pledge model enables donors to commit funds to a project if certain conditions are met, ensuring focused support.
Frequently Asked Questions
What is a pledge in fundraising? A pledge in fundraising is a commitment to donate a certain amount of money if specific conditions are met.
What does it mean to pledge money to a specific purpose? Pledging money to a specific purpose means committing funds to a particular cause or project with specific conditions.
What is the difference between a grant and a pledge? A grant is a gift of funds with no expectation of repayment, while a pledge is a promise to provide funds under certain conditions.
Summary
Pledge Model enables donors to commit funds to a project if conditions are met.