Grand Rapids, MI (PressExposure) October 26, 2009 -- In the midst of the worst economy in decades, traditional methods of fundraising are not providing charities the means necessary to meet their ongoing expenses, according to Dennis Tubbergen, CEO of Charitable Concepts, LLC and inventor of Immediate Legacyâ¢. Camps are closing their doors, scholarships are nearing extinction, and charities are frequently unable to serve the needs of those who they've helped in the past.
It's no surprise to Tubbergen traditional fundraising methods are falling short as these methods often rely heavily upon stock market performance. When the donors' investment portfolios are suffering or are in danger of suffering, donors are simply less likely to make charitable contributions. And, charities are painfully aware of this fact.
In these tough economic times, charities are now exploring new methods of fundraising, methods that get results, according to Tubbergen. They are finding these results in the patent-pending giving strategy called "Immediate Legacyâ¢", Tubbergen explains.
Immediate Legacyâ¢ is one of the many topics that will be discussed at the "Increasing Charitable Contributions in the Current Economy" workshop being held in Grand Rapids, Michigan, this month. Charities are able to explore ways to expand their budgets and exceed fundraising goals when other organizations are tightening their belt or closing their doors all together.
Charities aren't the only ones that can benefit from the Immediate Legacyâ¢ concept, Tubbergen explains. A charitable supporter who might be able to use the Immediate Legacyâ¢ giving method could give a donation without permanently parting with an asset and still receive a tax deduction. This means if they qualify, the donor isn't giving to charity at their family's expense--their family will be made whole.
"We are very excited that this patent-pending program can create donations even in this tough economic environment," Tubbergen says.