Monday, February 25, 2013

Chicago Chess Center: fundraising update

No one likes fundraising appeals, so I'll try to keep this brief.

Our board has decided that once the Chicago Chess Center raises $30,000, we're going to open our nonprofit in to serve the people of Chicago.

It's my personal belief that once we raise $100,000, we're going to be open for a very long time. (Nothing is forever: in a few billion years, the sun will become a red giant and engulf Earth, and let's not talk about the latest Higgs news.)


Mr. Thermometer says that we've raised about 26% of what we need for our first goal. The sooner we get the rest, the sooner we open our doors.

 Here are ways you can help:

  • Or hit the darn Donate Now button administered by the fine folks at Network for Good to get the same cool premium.


  • Have you done well in the stock market since February 2009? Don't feel like paying 20% long-term capital gains rate plus 3.8% Medicare plus 5% Illinois income tax? Transfer your appreciated stock to Chicago Chess Center and save big on taxes. You won't pay tax on the gain, and you can write off the fair market value of your contribution on your 2013 tax return.                     
  • No money to spare? Consider auctioning some of your surplus "stuff" on eBay: you can earmark some or all of the proceeds to Chicago Chess Center via eBay Giving Works. This works for things as mundane as excess chess books (I'm selling some right now) to big-ticket items like used cars. Don't want to be bothered with an auction?  Please drop me a line and we'll be happy to sell for you directly.
  • In the very near future, we'll need donations for the Center's library. That won't help us open our door, but it sure will help us achieve our mission. Please keep us in mind!
  • No money, no securities, no stuff? We still need your support: please get on our email list and share this post with your friends. We particularly need masters who are willing to volunteer their time for events, volunteers to lend their expertise to the Board and committees, and just plain friends.

Startup nonprofits face a chicken-or-egg conundrum: it's hard to raise money unless you do good things for the public first, and it's hard to do good things without money. Look for news on this front in the very near future.

Again, thank you for your generosity to date!

No comments: