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    a group of students held a fundraiser last year and raised $950 for charity. this year, they raised $1,045. what is the percent change in the amount the group raised?

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    Percent Increase and Decrease Assignment Flashcards

    Study with Quizlet and memorize flashcards terms like Is the percent increase from 50 to 70 equal to the percent decrease from 70 to 50? Explain., Use the information to find the percent change. Original Amount = 1,250 Amount of Change = 618 Percent Increase = Amount of Change Original Amount The percent change is about ., A town's population increased from 14,523 to 16,489. What is the percent increase in the town's population? Finish the division and round to the nearest percent. and more.

    Percent Increase and Decrease Assignment

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    Is the percent increase from 50 to 70 equal to the percent decrease from 70 to 50? Explain.

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    No. The amounts of change are the same, but the original amounts are different. The ratio for the percent increase from 50 to 70 is 20/50, or 40%. The ratio for the percent decrease from 70 to 50 is 20/70, or about 29%.

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    Use the information to find the percent change.

    Original Amount = 1,250

    Amount of Change = 618

    Percent Increase = Amount of Change Original Amount

    The percent change is about .

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    49.4%

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    1/9 Created by akito-bloodless

    Terms in this set (9)

    Is the percent increase from 50 to 70 equal to the percent decrease from 70 to 50? Explain.

    No. The amounts of change are the same, but the original amounts are different. The ratio for the percent increase from 50 to 70 is 20/50, or 40%. The ratio for the percent decrease from 70 to 50 is 20/70, or about 29%.

    Use the information to find the percent change.

    Original Amount = 1,250

    Amount of Change = 618

    Percent Increase = Amount of Change Original Amount

    The percent change is about .

    49.4%

    A town's population increased from 14,523 to 16,489.

    What is the percent increase in the town's population? Finish the division and round to the nearest percent.

    14

    When Ryan was born, he weighed 7 pounds.At 6 months, he weighed 11.2 pounds. Amanda weighed 6 pounds when she was born, and 12.9 pounds at 6 months. Which baby had a greater percent increase in weight? Explain.

    The percent change in Ryan's weight was 4.2/7

    , or 60%. The percent change in Amanda's weight was 6.9/6 , or 115%. Amanda had a greater percent increase in weight.

    Jose and a group of friends bought concert tickets for $257. The booking agency also charged a fee, bringing the total cost to $274.99. The amount of change is $17.99.

    What is the percent increase in the cost due to the fee?

    7%

    A group of students held a fundraiser last year and raised $950 for charity. This year, they raised $1,045.

    What is the percent change in the amount the group raised?

    10%

    Every year, a teacher surveys his students about the number of hours a week they watch television. In 2002, his students watched an average of 12 hours of television per week. In 2012, the number of hours spent watching television decreased to five per week.

    What is the percent decrease in the hours of television watched, rounded to the nearest tenth?

    58.3%

    Mike's Bikes has mountain bikes that usually sell for $275 on sale for $220. Mike used this ratio to find the percent change. Is he correct? Explain.

    No. Mike wrote the ratio as the amount of change to the new amount. He should have used the ratio of the amount of change to the original amount, which is 55

    275 , or 20%.

    Geri used coupons at the grocery store and received a discount of $40.94. Once her discount was subtracted, the final cost of her purchases was $122.80.

    What was the approximate percent decrease in the price of her groceries due to the coupons?

    25%

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    A group of students held a fundraiser last year and raised $950 for charity. This year, they raised $1,045.

    % change = (new value - old value)/old valu x 100 = (1,045 - 950)/950 x 100 = 95/950 x 100 = 0.1 x 100 = 10%

    photoshop1234 [79] 1 year ago 8

    A group of students held a fundraiser last year and raised $950 for charity. This year, they raised $1,045.

    Mathematics 1 answer:

    soldi70 [24.7K]1 year ago

    7 0

    % change = (new value - old value)/old valu x 100 = (1,045 - 950)/950 x 100 = 95/950 x 100 = 0.1 x 100 = 10%

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    Charities and fundraising

    CHARITIES AND FUNDRAISING

    Charity fundraising is something that people raise concerns with the ACNC about. Concerns are often about the tactics used by fundraisers and marketers working for charities. We also get questions about how much money charities can spend on fundraising and other activities.

    These questions provide answers to the most common questions and concerns we hear at the ACNC about charity fundraising.

    The ACNC is not a national fundraising regulator (there are many agencies that regulate fundraising), but we can take action in certain situations.

    How can charities raise funds?

    If a charity complies with relevant fundraising or other regulatory requirements, it can raise funds in any way it chooses.

    Charities raise funds in a variety of ways, including:

    fundraising

    fee-for-service work

    membership fees

    grants from grant-making bodies and funders (such as government agencies or philanthropic trusts and foundations)

    corporate sponsorship or partnerships

    running opportunity shops or selling items (such as merchandise or having a bake sale).

    Although what constitutes fundraising may differ from state to state, it generally includes:

    soliciting public donations (such as door-knock appeals or street collections)

    holding public events with admission fees

    holding fundraising events (sometimes in partnership with others, such as a fun run or gala dinner)

    raffles or other games (such as bingo).

    In an ever-changing environment, charities – like all enterprises – may need to look at generating multiple streams of income to ensure their sustainability. Newer approaches to raise funds, can include social investment (social or environmental impact) or social impact bonds, community funding (crowdsourcing) and micro-financing, and campaigns through social media and digital tools.

    Charities need to ensure they retain their not-for-profit status and that their fundraising goes towards furthering their charitable purpose, particularly if there is a commercial element involved.

    Charities must comply with any relevant fundraising laws in the state or territory they raise funds in, not just where they operate.

    Can charities spend money on a fundraising activity?

    Yes. It is legitimate for a charity to spend money to raise money (that is, incurring expenses while undertaking fundraising activities), as long as this is in line with its charitable purpose. Decisions about how a charity will raise and use funds are made by the charity’s governing body.

    Why do charities use commercial fundraising firms?

    Sometimes charities outsource fundraising to external agencies, or they may rely on volunteer fundraisers. Because of the resources involved in large-scale fundraising, it may be appropriate and cost-effective for a charity to outsource this work, especially for larger charities.

    However, there have been examples of commercial fundraisers using questionable tactics to get donors to commit to regular ongoing donations, which can seriously affect public goodwill and the charity’s reputation.

    Who is responsible for a charity’s fundraising?

    Ultimately, a charity’s board, committee of management or trustees (its ‘governing body’) has responsibility for fundraising activity, whether it is outsourced or not. The board has the overall responsibility for the charity’s actions. Board members must have a clear understanding of how money is raised, including any fundraising operations, and they must ensure there are appropriate and lawful processes in place to manage any money raised.

    They must ensure that the charity generates funds in a way that is in the charity’s best interests. This includes considering the charity’s charitable purpose, its beneficiaries and the impact on the public and other potential donors. For example, information collected from donors must be appropriately stored and used in ways that comply with relevant privacy laws. Some boards choose to adopt fundraising policies, or codes of conduct, like those developed by the Fundraising Institute of Australia.

    No matter how charity funds are raised, the board must ensure that the money, less reasonable expenses, is put towards pursuing the charity’s charitable purpose. Read more about the duties of board members.

    Statements about charity fundraising and what donations are used for

    Charities should ensure they are not misleading the public in relation to their administration costs and fundraising.

    This includes statements regarding the use or destination of contributions as well as the need for donations.

    For example, a charity should not solicit donations with a statement that ‘100% of contributions will benefit those in need’ if, in fact, a portion of donations will go towards the administrative costs of the charity.

    Charities should also not be misleading when referring to studies or statistics to support the need for donations. For example, a charity should ensure there is a reasonable basis for any statistics quoted or research referred to for the purposes of soliciting donations.

    Charities should also be transparent in relation to their fundraising arrangements, particularly where this impacts where contributions end up.

    Source : www.acnc.gov.au

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