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Question: 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:

Average Number

Gift Level Amount 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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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92247935

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