A New Trend In Fundraising With Network Marketing

A New Trend In Fundraising -- Part 2

Let's look at a few examples of people that are actually utilizing the power of network marketing to fund the work for their nonprofit efforts.

A Bi-vocational Position

There is a true story about a church with a great pastor, music minister and youth minister. It was a small church with about 100 members and it could not afford to pay the staff what they were worth. All staff members were doing it for the love in their heart since they were given very poor salaries.

The pastor was a part of a huge network marketing company called AmWay. He and his wife were able to make a legitimate living by sales of products that were of great quality.

They were able to separate their supportive network business from that of any church functions so no conflicts of interest occurred.

An example was noted in the Holy Scriptures that the great evangelist Paul of Tarsus was a tent maker by trade; thus, making him a true bi-vocational minister. His network marketing efforts were steady and effective. You begin to understand how he used his tent making business to fund his ministry and avoid asking for donations from those he served.

An International Ministry

Another example of using this new trend portrays a man with an international ministry that is also working with a network marketing company that caters to environmentally friendly products.

This gentleman is on his way to making a comfortable 6 figure income and helping fund some of the poorest areas of Afghanistan, India and the USA with food, clothes and educational opportunities. He funds the needs of his nonprofit group for the most part from his network marketing income.

Governmental Accounting

If you have a legitimate 501(c) (3) nonprofit organization and it

signs up as part of the network marketing sales force, it may be required to pay UBI (Unrelated Business Income) Taxes. Be sure to check with the Internal Revenue Service about this.

Many of the network marketing entrepreneurs are paying their taxes just as if they were employed by a standard nonprofit organization or business. This is because, they are actually self-employed business owners that will pay taxes on all earnings they make.

Let's finish things up by looking at some of the advantages of using a network marketing business as a fundraising mechanism for your nonprofit.

A NEW TREND IN FUNDRAISING -- Part 1

A BIVOCATIONAL POSITION -- Part 2

ADVANTAGES OF NETWORK MARKETING FUNDRAISING -- Part 3