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Business Partnerships with Non-profit Organizations are
a Win-win Proposition
By Sandra Sims
The Republic of Tea company is partnering with the Susan G. Komen
Breast Cancer Foundation to raise funds for cancer research with
the Sip for a Cure program.
The tea company created several specialty flavors of bag tea just
for this campaign including grapefruit, pink rose, pink lady apple,
and lemonade. Other products in the campaign include bottled tea
and marmalade. A portion of the revenues from all Sip for the Cure
products sold are donated directly to the Komen Foundation, with
nothing to mail in and no response required from customers.
In the past few years, the Komen Foundation has actively pursued
corporate partnerships in order to raise funds. The type of partnerships
established by the Komen can be a good lesson for other businesses
and non-profit organizations.
A partnership program between a business and a non-profit organization
can be of benefit to both organizations. As in the case of The Republic
of Tea, the tea company benefits by an increase in product sales
with some positive PR in the process.
While the amount donated per item may be small, the volume of sales
could add up to a large donation for the foundation. In fact, for
2005, The Republic of Tea has guaranteed a minimum donation of $50,000
to the Komen Foundation through the Sip for the Cure program. The
company has a long term goal of $1 million in donations to the Komen
Foundation and has contributed over $420,767 as of last August.
The Komen - Republic of Tea partnership demonstrates the power
of corporate sponsorship programs. When non-profit organizations
partner with large companies with national distribution or outlets
they can benefit from the volume of business that the company is
already doing. The foundation receives additional advertising and
exposure at no cost to them.
Partnership with smaller local or regional companies can have similar
effects when the relationship between the two groups is strong and
the program is well designed and organized. |