News from Finland
Private funding is set to increase amongst NGOs in Finland, according to research from market research company Taloustutkimus.
Taloustutkimus interviewed 121 nonprofit organisations in April this year, 93% of which had received public funding over the past year, with their reported fundraising targets from private sources having doubled since 2014.
The Finnish Fundraising Association VaLa has run a seminar on how to recruit and commit donors.
The seminar took place in Helsinki on 12 April, and marks the first time Vala has held a seminar entirely in English. Fundraisers attended from Estonia and Finland to hear keynote speaker Daryl Upsall (pictured), from Daryl Upsall & Associates.
New legislation in Finland means individuals can now benefit from tax deductions if they donate to a university, college, polytechnic or university fund.
The establishment must receive public funding in the European Economic area to qualify, and must use the donations to promote art or science. Individuals must donate a minimum of 850 euros to receive a tax deduction, with the deduction matching the donation amount.
A new event at this year’s Slush conference in Helsinki has united nonprofit organisations and technology start-ups for the first time to exchange ideas.