{"id":1031,"date":"2023-09-05T12:00:46","date_gmt":"2023-09-05T12:00:46","guid":{"rendered":"https:\/\/wildapricot.wpengine.com\/?p=1031"},"modified":"2025-05-12T05:29:37","modified_gmt":"2025-05-12T05:29:37","slug":"corporate-sponsorship-nonprofits","status":"publish","type":"post","link":"https:\/\/www.wildapricot.com\/blog\/corporate-sponsorship-nonprofits","title":{"rendered":"Corporate Sponsorships 101: Everything You Need to Know"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Individual giving makes up a large portion of funding for many nonprofits. While these donors are vital to your organization, many of these supporters may need to pause or shift their donations when difficult economic times hit. This is one reason corporate sponsorship for nonprofits is worth considering as part of your overall fundraising plan.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Corporate sponsorship provides a reliable monetary or <\/span><a href=\"https:\/\/www.wildapricot.com\/blog\/in-kind-donations\"><span style=\"font-weight: 400;\">in-kind contribution<\/span><\/a><span style=\"font-weight: 400;\"> to your nonprofit that helps diversify your income sources and prepare for the unexpected while building your mission\u2019s brand recognition.<\/span><\/p>\n<p><a href=\"https:\/\/www.wildapricot.com\/blog\/how-to-get-sponsorship\"><span style=\"font-weight: 400;\">Getting corporate sponsorships<\/span><\/a><span style=\"font-weight: 400;\"> is crucial, especially for small nonprofits, but it can be difficult figuring out how to make connections and effective asks. So whether you\u2019re new to corporate sponsorship or looking for a refresher, we have you covered! In this post, we\u2019ll cover everything from what exactly a corporate sponsorship is, what the most frequently asked questions are about corporate sponsorships, who and how you ask for a corporate sponsorship, and what to do after you\u2019ve secured one.<\/span><\/p>\n<h2 style=\"line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;\">What Is a Corporate Sponsorship?<\/h2>\n<p><a href=\"https:\/\/360matchpro.com\/fundraising-statistics\/#corporate\"><span style=\"font-weight: 400;\">According to Double the Donation<\/span><\/a><span style=\"font-weight: 400;\">, corporate sponsorship is a form of social responsibility in which companies donate time, money or in-kind resources to help nonprofits power their initiatives. Corporate sponsorships can come in many forms, but, in short, they\u2019re partnerships between a nonprofit and a for-profit business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, a for-profit might give a sizeable donation to your nonprofit\u2019s annual event in exchange for naming rights or inclusion of their logo on your event materials. In return, you\u2019re supporting that business\u2019s corporate social responsibility efforts, showing their customers how they give back within their community.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Corporate sponsorship could also include in-kind donations. Perhaps you\u2019re looking to build a new facility for your programming, and a large lumber company provides you with the supplies to do so. In return, you might name the building after them, prominently feature them on a <\/span><a href=\"https:\/\/www.omnially.com\/blog\/digital-donor-recognition-walls-what-to-know\"><span style=\"font-weight: 400;\">donor recognition wal<\/span><\/a><span style=\"font-weight: 400;\">l, or host quarterly volunteer events for their employees as part of their employee wellness program.<\/span><\/p>\n<h2 style=\"line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;\">Corporate Sponsorship FAQs<\/h2>\n<p><span style=\"font-weight: 400;\">You might have some questions pop up as you begin exploring corporate partnerships, so we\u2019ve rounded up some of the most frequently asked ones below.<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">1. <strong>What are the benefits of corporate sponsorships for nonprofits?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">With proper planning and execution, corporate sponsorships can be a win-win for both the nonprofit and sponsoring business. Some of these include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Funding Diversity:<\/b><span style=\"font-weight: 400;\"> During uncertain economic times, corporate sponsorships can add stability to your overall organizational budget. Diversifying your funding sources helps to ensure that if one source starts to wane, another can fill the gap.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Building Momentum:<\/b><span style=\"font-weight: 400;\"> A sizable corporate donation can build momentum for a fundraising goal you might have. For example, if supporters see that you\u2019ve already secured $10,000 toward your $15,000 fundraising goal, they might be more willing to donate, as they feel they can make a difference in getting you to that finish line.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Relationship Building:<\/b><span style=\"font-weight: 400;\"> A corporate sponsorship can help you build relationships within the sponsor\u2019s network by introducing you and your cause to other businesses, vendors, or their employees. These relationships help broaden your support base and gain new donors.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Brand Awareness:<\/b><span style=\"font-weight: 400;\"> A corporate sponsorship can help <\/span><a href=\"https:\/\/www.wildapricot.com\/blog\/nonprofit-branding\"><span style=\"font-weight: 400;\">spread brand awareness<\/span><\/a><span style=\"font-weight: 400;\"> and expand your audience. As your sponsor shares their partnership with you on their social media and throughout their networks and other communication channels, more people learn about your brand and mission. Corporate sponsorships can help you expand your audience to people who may not have heard of you beforehand.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Volunteer Power:<\/b><span> As part of your sponsorship, employees may be encouraged to volunteer with your organization on a regular basis, so tap into this volunteer base whenever you need people power.<\/span><\/li>\n<\/ul>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">2. What are the disadvantages of these sponsorships?<\/h3>\n<p><span style=\"font-weight: 400;\">Despite the hefty benefits, there are some potential downsides to corporate sponsorships to keep in mind as you get started. These can include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Misaligned Missions or Poor Publicity:<\/b><span style=\"font-weight: 400;\"> Once you partner with a business, your actions reflect on them and their actions reflect on you. If it turns out they have some questionable business practices, your supporters might wonder why you\u2019ve aligned yourself with them. The same could happen if you partner with a business that has a conflicting mission, such as a nonprofit that focuses on the environment partnering with a company trying to drill for oil in the Arctic.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Too Many Cooks in the Kitchen:<\/b><span style=\"font-weight: 400;\"> If a sponsor provides a large donation, they may want some say in how your event, operations or other programming happen. Make sure expectations are laid out upfront, including how you\u2019ll include your sponsor and what communication channels will work best for you both.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Branding Problems:<\/b><span style=\"font-weight: 400;\"> Your sponsor is likely going to want some recognition. If you\u2019re not open to incorporating their logo in materials or other co-branding, that could be a challenge.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Funding Restrictions:<\/b><span> General donations provide your nonprofit with unrestricted funds, allowing you to cover various expenses. However, corporate sponsors may want to fund a specific project or projects, so you could run into some funding restrictions and need to make up the difference to cover other vital parts of your project or operations.<\/span><\/li>\n<\/ul>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">3. <strong>What are the types of corporate sponsorships?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Corporate sponsorships can take many forms. Some of the most common types include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>In-Kind:<\/b><span style=\"font-weight: 400;\"> A corporate sponsor provides goods or services free of charge to help you fulfill a need.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Event Sponsorship: <\/b><span style=\"font-weight: 400;\">A corporate sponsor provides a large monetary or in-kind donation to <\/span><a href=\"https:\/\/www.wildapricot.com\/blog\/event-sponsorship\"><span style=\"font-weight: 400;\">support a large event<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Matching Gifts:<\/b><span style=\"font-weight: 400;\"> A corporate sponsor provides a significant monetary donation to encourage others to give (e.g., for every $1 an individual donates, the sponsor will also donate $1, up to $50,000).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Capital Campaigns:<\/b><span style=\"font-weight: 400;\"> A corporate sponsor provides a sizable monetary donation to support a building project, typically in exchange for naming rights (e.g., a sponsor provides a grant to build a new playground for a nonprofit after school program).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Technology Sponsorship:<\/b><span> A corporate sponsor underwrites the cost of <\/span><a href=\"https:\/\/golfstatus.org\/technology-sponsor?utm_source=wildapricot&amp;utm_medium=referral&amp;utm_campaign=&amp;utm_content=corporatesponsorships\"><span>technology tools<\/span><\/a><span> nonprofits use in their day-to-day operations or to plan and execute a fundraising event.<\/span><\/li>\n<\/ul>\n<h2 style=\"line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;\">Who Should You Ask for Corporate Sponsorships?<\/h2>\n<p><span style=\"font-weight: 400;\">Who you ask for corporate sponsorships depends on where you have connections and which businesses have values and missions that align with yours.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can approach local businesses or large, national corporations, depending on your needs and contacts. Supporters of your organizations, such as donors, board members, volunteers or staff, can help you to identify potential partners where they may have a personal connection.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As you consider how to get corporate sponsorships, make sure you fit into a potential sponsor\u2019s funding priorities or otherwise align with how they do business. <\/span><a href=\"https:\/\/golfstatus.org\/golfforgood\/golf-tournament-sponsors?utm_source=wildapricot&amp;utm_medium=referral&amp;utm_campaign=&amp;utm_content=corporatesponsorships\"><span style=\"font-weight: 400;\">GolfStatus recommends<\/span><\/a><span style=\"font-weight: 400;\"> approaching potential sponsors whose audience might overlap with yours and who believe in and support your mission. For instance, a healthcare practice might be a perfect fit for a golf fundraiser for a healthcare-focused nonprofit.<\/span><\/p>\n<h2 style=\"line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;\">How Do You Ask for a Corporate Sponsorship?<\/h2>\n<p>So, you&#8217;ve identified a company that would be a good fit. What\u2019s next?<\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">1. Do Your Research<\/h3>\n<p><span style=\"font-weight: 400;\">Before reaching out, do your research. Find the right person to contact at the organization, so your request doesn\u2019t get lost bouncing around different departments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Once you identify that person, personalize your outreach to them. If you\u2019re contacting multiple potential sponsors, adding some personal touches to your <\/span><a href=\"https:\/\/www.wildapricot.com\/blog\/how-to-write-a-sponsorship-letter\"><span style=\"font-weight: 400;\">sponsorship letter<\/span><\/a><span style=\"font-weight: 400;\"> about their particular business can make a significant impact.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You\u2019ll also want to research to make sure your audiences match. Would their employees be interested in volunteering for your cause? Do your missions and values align? Is your field listed as a funding priority for their <\/span><a href=\"https:\/\/www.wildapricot.com\/blog\/corporate-philanthropy\"><span style=\"font-weight: 400;\">corporate philanthropy<\/span><\/a><span style=\"font-weight: 400;\">?<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">2. Build a Relationship<\/h3>\n<p><span style=\"font-weight: 400;\">Before making a big ask, build a relationship with the prospective sponsor. You might want to invite them to an event, send them some marketing materials, or meet one-on-one with their philanthropy director to learn a little more about their upcoming priorities.<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">3. Determine Their Needs<\/h3>\n<p><span style=\"font-weight: 400;\">Since corporate sponsorships are about more than just securing your nonprofit needs, spend some time figuring out what the sponsor\u2019s needs are. Before you make your ask, know what you can provide them in exchange and be ready to share how you think that benefit will add value to their business. Remember that this should be a partnership of equal give and take. One way to accommodate sponsors\u2019 different needs is to offer <\/span><a href=\"https:\/\/nxunite.com\/sponsorship-levels\/\"><span style=\"font-weight: 400;\">multiple sponsorship levels<\/span><\/a><span style=\"font-weight: 400;\"> and opportunities.<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">4. Tell Your Story<\/h3>\n<p><span style=\"font-weight: 400;\">While this may be corporate sponsorship, there are still people behind that business and they\u2019re ultimately the ones you\u2019re trying to engage.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can ask businesses for donations just as you would for individuals. Share your story with them. Highlight the people you\u2019ve helped, the impact you\u2019ve made in the community, or other accounts and data that paint a moving or relatable picture of why their help is so needed.<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">5. Make It Clear<\/h3>\n<p><span style=\"font-weight: 400;\">Once you\u2019ve set a meeting to make your sponsorship ask, make sure all of your assets are clearly priced and representative of the value they offer relative to one another. Present comprehensive donor data so your prospects understand why the sponsorship opportunity has a high return on investment. For instance, if you\u2019re <\/span><a href=\"https:\/\/golfstatus.org\/golfforgood\/organizing-a-charity-golf-tournament?utm_source=wildapricot&amp;utm_medium=referral&amp;utm_campaign=&amp;utm_content=corporatesponsorships\"><span style=\"font-weight: 400;\">hosting a golf fundraiser<\/span><\/a><span style=\"font-weight: 400;\">, highlight how golfers have above-average net worth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Providing clear options of how much a business can give and what they\u2019ll receive in return for that amount lets them consider what\u2019s best for them at this point in terms of engagement. You may even consider offering a <\/span><a href=\"https:\/\/www.wildapricot.com\/blog\/virtual-sponsorship-for-nonprofits\"><span style=\"font-weight: 400;\">virtual sponsorship<\/span><\/a><span style=\"font-weight: 400;\"> option.<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">6. Follow Up<\/h3>\n<p><span style=\"font-weight: 400;\">Building relationships can take time. Even if you don\u2019t land a corporate sponsor on your first try doesn\u2019t mean they won\u2019t partner with you in the future. The timing could be off, or maybe their funding priorities change down the road.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even if your sponsorship doesn\u2019t happen right away, it still could, later on, so don\u2019t be afraid of reaching out again later. In addition, sometimes people get busy, so you might follow up a week or so after making your request.<\/span><\/p>\n<h2 style=\"line-height: 1.38; margin-top: 18pt; margin-bottom: 6pt;\">Once You&#8217;ve Gotten The Sponsorship, What&#8217;s Next?<\/h2>\n<p>Yay! You\u2019ve landed a sponsorship to support your nonprofit\u2019s goals. Now what?<\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">1. Track Metrics<\/h3>\n<p><span style=\"font-weight: 400;\">Corporate sponsors want to know that their contribution is making a difference. Tracking metrics on how their donation impacted your organization lets you prove the value of the partnership to both this sponsor and others in the future.<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">2. Have a Renewal Plan<\/h3>\n<p><span style=\"font-weight: 400;\">Renewals aren\u2019t just for members or donors. You\u2019ll want to consider how you\u2019ll cultivate your relationship with your corporate sponsor, so they are encouraged to support you again in the future. Perhaps they\u2019ll become a recurring sponsor for your annual event or choose to make an in-kind donation every year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Use the skills you already apply for membership and donor renewals, and apply them to your corporate sponsors as well.<\/span><\/p>\n<h3 style=\"line-height: 1.38; margin-top: 16pt; margin-bottom: 4pt;\">3. Ask Them For Feedback<\/h3>\n<p><span style=\"font-weight: 400;\">One way to show your investment in the partnership is to ask your corporate sponsor for their feedback. See how they feel about working together and take it into account for the next time. They\u2019ll appreciate how you\u2019re willing to adapt to constantly improve the relationship.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One way to show your investment in the partnership is to ask your corporate sponsor for their feedback. See how they feel about working together and take it into account for the next time. They\u2019ll appreciate how you\u2019re willing to adapt to constantly improve the relationship.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Individual giving makes up a large portion of funding for many nonprofits. While these donors are vital to your organization, many of these supporters may need to pause or shift their donations when difficult economic times hit. This is one reason corporate sponsorship for nonprofits is worth considering as part of your overall fundraising plan&#8230;. <a class=\"read-more\" href=\"https:\/\/www.wildapricot.com\/blog\/corporate-sponsorship-nonprofits\" aria-label=\"Continue reading Corporate Sponsorships 101: Everything You Need to Know\">Read More<\/a><\/p>\n","protected":false},"author":16,"featured_media":1032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-1031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundraising"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Corporate Sponsorships 101: Everything You Need to Know<\/title>\n<meta name=\"description\" content=\"Securing sponsors for your nonprofit is a lucrative way to boost revenue and spread awareness. 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