The director of a nonprofit ballet company in a medium- sized U.S. city is planning its next
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The director of a nonprofit ballet company in a medium-
sized U.S. city is planning its next fundraising campaign. In recent years, the program has found the following percentages of donors and gift levels:
Gift Level Amount Average Number of Gifts Benefactor $10,000 3 Philanthropist $5,000 10 Producer’s Circle
$1,000 25 Director’s Circle
$500 50 Principal $100 7% of solicitations Soloist $50 12% of solicitations Develop a spreadsheet model to calculate the total amount donated based on this information if the number of the company contacts 1000 potential donors to donate at the $100 level or below.
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