GLOSSARY OF INDUSTRY TERMS
Has It happened to you that when looking for funds, often do not understand the terms? Do they repeat themselves? Are they confusing?
To us Yes! This is why we compiled this glossary of terms primarily focused on fundraising:
· Support Capital: donations specifically dedicated to heritage, construction and renovation of facilities, or the acquisition of equipment, or long-term physical improvements
· General operating support: donations granted without restrictions on organizations for its operating expenses or to advance the mission of the organization. They differ from those labeled donations that are given for a specific project or purpose
· Seed money: contributions to organizations to undertake, constitute, or start a project or new organization; It includes funds for salaries and other operating expenses of a new project, also known as "start-up funds"
· Crowdfunding: also called collective finance, is the collective procurement conducted by people who perform a network to get money or other resources. It is commonly used Internet to gather resources, there are many platforms in Mexico and abroad. Used for many purposes in addition to social causes such as artists, political campaigns, birth of companies or small businesses
· Donor: an individual or organization that gives grants or donations. Also referred to as funder or "grantmaker"
· Donating: The entity that receives a donation; known also as beneficiary organization or "grantee"
· Donation: resources monetary or in kind which are granted as support for civil society organizations, also known as "grant"
· Matching gift/matching grant: donation which is delivered only if the organization manages to gather the same amount from other sources of income. They are often used to stimulate additional donations
· Donation pro bono: work voluntarily and without monetary compensation for the sake of the public interest, is the volunteer difference because uses specific professional skills to organizations and/or beneficiaries who cannot pay for the service
· Institutional strengthening: also called technical assistance or capacity building which consists of advising organizations to assist them in the fundraising, planning, development projects, legal matters, marketing, and other administrative activities. The support is offered directly as a professional support staff or members of the Board of the funder or donation to pay for these professional services
· Foundation: Organization nonprofit that has resources or own assets distributed to institutions that support social projects in a direct way. They are sometimes called second tier institutions since they do not operate programs directly. There are several types that are described in this glossary. In Mexico the term is commonly confused with any Civil society organization
· Community Foundation: organization offering donations to organizations of the civil society of a region or specific community. Community foundations seeking funds from the public and other institutional donors and invest them; interest revenues are used to make contributions. There are 1,500 in the world and in Mexico there are 21, being the country of Latin America where there are more
· Corporate Foundation: private foundation that derives its goods from the contributions of a company or enterprise. Although it maintains strong links with the Corporation, the Foundation is an independent entity, with its own heritage. In Mexico until 2012 there were 131 and together they donated more than $2,697 million pesos
· Family Foundation: private and independent foundation established by a family with funds from that same family. The members of the family are part of the Council and often take positions of leadership within it. They play an important role in decisions about the granting of donations from the Foundation
· Annual report: report on a voluntary basis by an organization of civil society or corporation that provides financial data and descriptions of their philanthropic activities. Annual reports tend to vary in format; Some are comprehensive documents that provide detailed information on the activities of the Organization and others are simple documents with only a list of donations
· Civil society organization: is called to the set of institutions that have a social purpose as a mission. In Mexico, the Federal law of promotion activities by Civil society organizations defined them CSOs as ' all groups or Mexican organizations that, being legally constituted, performing any or some of the activities referred to in article 5 of this law and do not pursue profit or partisan proselytizing purposes political and electoral or religious, without prejudice to the obligations laid down in other legal provisions '. To be recognized by the law of development, CSOs can 'enjoy tax incentives and other supports economic and administrative, laying down the legal provisions on the subject'
· Heritage/Endowment: donations to organizations of civil society to remain in a perpetual Fund of the Organization and who are invested to create future income and produce continuous support
· Base/Grassroots fundraising fundraising: effort to procure funds from individuals or groups of the local community. In general, this type of campaign donors are members of the community/neighborhood or the recipient of the organization public. The core fundraising activities include raffles, auctions, sales of galetas/pastries, etc
· Storytelling: the art of telling a story using sensory language presented in such a way that it transmits to listeners the ability to learn, understand, and create personal meaning of this
To us Yes! This is why we compiled this glossary of terms primarily focused on fundraising:
· Support Capital: donations specifically dedicated to heritage, construction and renovation of facilities, or the acquisition of equipment, or long-term physical improvements
· General operating support: donations granted without restrictions on organizations for its operating expenses or to advance the mission of the organization. They differ from those labeled donations that are given for a specific project or purpose
· Seed money: contributions to organizations to undertake, constitute, or start a project or new organization; It includes funds for salaries and other operating expenses of a new project, also known as "start-up funds"
· Crowdfunding: also called collective finance, is the collective procurement conducted by people who perform a network to get money or other resources. It is commonly used Internet to gather resources, there are many platforms in Mexico and abroad. Used for many purposes in addition to social causes such as artists, political campaigns, birth of companies or small businesses
· Donor: an individual or organization that gives grants or donations. Also referred to as funder or "grantmaker"
· Donating: The entity that receives a donation; known also as beneficiary organization or "grantee"
· Donation: resources monetary or in kind which are granted as support for civil society organizations, also known as "grant"
· Matching gift/matching grant: donation which is delivered only if the organization manages to gather the same amount from other sources of income. They are often used to stimulate additional donations
· Donation pro bono: work voluntarily and without monetary compensation for the sake of the public interest, is the volunteer difference because uses specific professional skills to organizations and/or beneficiaries who cannot pay for the service
· Institutional strengthening: also called technical assistance or capacity building which consists of advising organizations to assist them in the fundraising, planning, development projects, legal matters, marketing, and other administrative activities. The support is offered directly as a professional support staff or members of the Board of the funder or donation to pay for these professional services
· Foundation: Organization nonprofit that has resources or own assets distributed to institutions that support social projects in a direct way. They are sometimes called second tier institutions since they do not operate programs directly. There are several types that are described in this glossary. In Mexico the term is commonly confused with any Civil society organization
· Community Foundation: organization offering donations to organizations of the civil society of a region or specific community. Community foundations seeking funds from the public and other institutional donors and invest them; interest revenues are used to make contributions. There are 1,500 in the world and in Mexico there are 21, being the country of Latin America where there are more
· Corporate Foundation: private foundation that derives its goods from the contributions of a company or enterprise. Although it maintains strong links with the Corporation, the Foundation is an independent entity, with its own heritage. In Mexico until 2012 there were 131 and together they donated more than $2,697 million pesos
· Family Foundation: private and independent foundation established by a family with funds from that same family. The members of the family are part of the Council and often take positions of leadership within it. They play an important role in decisions about the granting of donations from the Foundation
· Annual report: report on a voluntary basis by an organization of civil society or corporation that provides financial data and descriptions of their philanthropic activities. Annual reports tend to vary in format; Some are comprehensive documents that provide detailed information on the activities of the Organization and others are simple documents with only a list of donations
· Civil society organization: is called to the set of institutions that have a social purpose as a mission. In Mexico, the Federal law of promotion activities by Civil society organizations defined them CSOs as ' all groups or Mexican organizations that, being legally constituted, performing any or some of the activities referred to in article 5 of this law and do not pursue profit or partisan proselytizing purposes political and electoral or religious, without prejudice to the obligations laid down in other legal provisions '. To be recognized by the law of development, CSOs can 'enjoy tax incentives and other supports economic and administrative, laying down the legal provisions on the subject'
· Heritage/Endowment: donations to organizations of civil society to remain in a perpetual Fund of the Organization and who are invested to create future income and produce continuous support
· Base/Grassroots fundraising fundraising: effort to procure funds from individuals or groups of the local community. In general, this type of campaign donors are members of the community/neighborhood or the recipient of the organization public. The core fundraising activities include raffles, auctions, sales of galetas/pastries, etc
· Storytelling: the art of telling a story using sensory language presented in such a way that it transmits to listeners the ability to learn, understand, and create personal meaning of this
