Types of Sponsors
- Micah Bai
- Kristen S
- Catherine Cai
Important Note: A sponsor cannot claim a charitable tax receipt.
Corporate Sponsors
Description | Corporate sponsors are companies that donate to our team in exchange for sponsorship perks (e.g. logo on our car, promotion on social media etc...). |
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Examples |
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Approach | Attaining sponsorships from corporate sponsors requires a lot of time. We usually have to jump through a lot of hoops and talk to a lot of people. Therefore, we should only approach corporate sponsors if we have an internal contact to make the process smoother. |
Donors
Description | Donors are people (friends, family etc...) who donate money to our team or the SDC usually through the SDC donation page. |
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Examples |
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Approach | Make sure we keep a list of people who donate and ask them to renew their donations every year. Ask team members to ask their friends and family to donate. |
Notes | These individuals/groups are eligible for charitable tax receipts. Our University of Waterloo's charitable number (and by extension, Midnight Sun's) can be found in the finance manual, if required. |
In-Kind Sponsors
Description | Companies who provide materials or services for free or at a discount |
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Examples |
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Approach | Cold call suppliers and ask if they are interested in helping out. Get them excited about the project and think of them as a part of our team. |