Why is Doulos Resources raising funds? You sell books on your website; aren't they a regular source of income?There are three reasons why we need to raise funds beyond the revenues our books generate:
- We have two fundamental commitments in the creation of our books. First, we are committed to keeping the costs for books low; this means that we do not price our books high above the cost of production, and we offer significant discounts to churches and other ministries. Second, we are committed to paying our authors a significant percentage of the revenues generated by our books. Because of these two commitments, our books do not (yet) represent a substantial enough revenue stream to sustain all of our operations. This is directly related to the second reason...
- We believe that these commitments (in #1) are not contrary to a sustainable model for growing and maintaining our ministry; once we have a critical mass of titles that are selling, our regular revenues will largely sustain regular operations. We are not yet to the point of critical mass in that way, however, and we therefore need the help of fundraising in the interim.
- Doulos Resources is focused on a variety of areas of church life and ministry, and publishing is only one. The others do not have any significant or regular means of revenue, so the income that we receive from our books must be spread across all of our ministry efforts.
The bottom line is, we are a nonprofit ministry, and like most nonprofits we rely at least partly on the donations of others to operate.
What does the $2,500 cover?The $2,500 goal will cover a variety of our needs.
First, it will allow us to finish the legal paperwork to be registered with the Internal Revenue Service as a nonprofit. (Before this year, we did not have enough revenue to require further registration).
Second, it will enable us to acquire some necessary resources of publishing books, such as a block of ISBNs (International Standard Book Numbers). These are expensive, and the cost per-number rises when buying in smaller quantities. With funds raised through this campaign, we intend to buy a larger block of numbers, making every dollar go further toward the production of more books.
Third, we will have the opportunity to establish better practices for fulfilling orders because of these funds. This means that our books can get to churches, bookstores, and individual buyers faster.
Finally, doing a fundraising campaign like this one actually costs money, so a portion of the funds raised will pay for that.
What if you raise more than your goal? What will the additional money be used for?If we raise more than our goal, the additional funds raised will go to the development of new resources.
Will I get anything in exchange for my contribution?Yes! We're excited to offer some "incentive" rewards for every contribution. For more information about what rewards we are giving, visit our Rewards page.
How do I give to this campaign?The easiest way to give is to use the widget provided by ChipIn on the Support page. A single click will take you to a secure website for a donation made with your credit card, or through a PayPal account.
If you would prefer to make a donation via personal check instead of credit card, you may send it to this address:
195 Mack Edwards Drive
Oakland, TN 38060
(NOTE: if you make a donation by check, please be sure to indicate in the memo that it is for our 2011 Fundraising Campaign.)