In order to increase the amount of fundraising brought in and increase the levels of volunteers, we have jointly identified two methods of which this can be achieved. Using community involvement funds provided to nonprofits from major corporations in medically related fields, and incentivizing both fundraising and volunteering.
When talking about community funds, the two larger striking ones were the IU health “Community Impact Investment Fund” and “The Lilly Foundation” by Eli Lilly. In the course of 2024 Eli Lilly has given 171.3 million dollars to USA Tax Exempt organizations. Their goals for the foundation are to improve global health, strengthen communities, improve educational opportunities, and combat inequality. The IU Health fund has donated 6.1 million dollars, with long-term contracts for continued giving. Their goals are to give back to the community and invest in different counties of Indiana. By seeking grants such as these, CWWD will get secure payments that will allow for the ability to grow fundraising opportunities.
The second problem brought to us was how volunteers’ numbers can be increased. We did a study and received 22 responses, this study was based on volunteering, nonprofits, and incentivization. Our results show that only 27.3 percent of our participants have received incentives while volunteering, and that 72.7 percent of participants feel if they were to receive incentives, they would be more likely to volunteer. We find that if CWWD would offer incentive including but not limited to free food, or free gear you would be more likely to increase volunteers and retain volunteers.