Quantitative Analysis of Charitable Donations Essay

Quantitative Analysis of Charitable Donations - Essay Example In addition, they provide a platform for supporters to contribute or raise funds in secure and ethical ways. Generally, collection methods are important mechanisms for exchange of information amongst the donors and the fundraising organizations. There are various methods of collection. These methods include street collections, house-to-house or door-to-door and static (mall) collections. Door-to-door and street collections can be categorized as face-to-face collections or fundraising as they involve physical meetings of donors and charity organizations (American Law Institute-American Bar Association Committee on Continuing Professional Education, 2011). These are the most popular collection methods because they result to profitable returns; donors are asked to donate regularly. Securing donations enable charities to plan for future campaigns since money is guaranteed. Furthermore, face-to-face collection methods tend to raise awareness of small organizations and improve the status of larger ones (Government of Western Australia, 2012). On the other hand, Static collection is a common practice by charity organizations that uses static boxes to collect funds in malls or business centers. Thus, this paper is meant to discuss various collection methods and apply quantitative analysis to identify the most appropriate method of charitable collection. This method can also be referred to as house-to-house collection method. Fundraisers who apply this method call at homes of donors in order to solicit contributions for different charities. In most cases, it is deemed as a regular way of donating but some donors prefer one-off donation. Fundraisers work as a team or in teams in order to approach donors in various homes. Moreover, some charity organizations or agencies may not be able to schedule appointments for next collections from donors. This makes the donors to oblige to support the charities. Fundraisers who work on