Victory Programs Launches 3rd Year of Novel Corporate Program
January 26, 2015 Victory Programs, a Boston nonprofit that works with the homeless who often have substance use and chronic health issues, announced that it recently launched the third year of an innovative corporate sponsorship program in which donors commit upfront to support five key fundraising events over a year.
(VPI) said Walgreens contributed $25,000 to the 40-year-old nonprofit, the third consecutive year the retailer has donated at this level.
In 2013, we launched a yearlong partnership program in an attempt to streamline the multiple requests made of our supporters throughout the year. Walgreens stepped up as a pioneer yearlong partner, along with Macys and Eastern Bank, and the program has been a great success for the past two years, said Jonathan Scott president & CEO of VPI.
He continued, Our agency is connected to Walgreens in both mission and proximity. On Stanhope Street in Bostons Back BayCommunity, A Walgreens Pharmacyshares space with one of our largest programs, the Boston Living Center, a community and resource center that fosters the wellness of all HIV positive people and responds to the changing needs of the HIV/AIDS community. We are truly grateful to have Walgreens tremendous commitment each year.
Also participating in the programs first two years were Eastern Bank, which gave VPI $15,000 annually, and Macys, which provided $10,000 in 2013 and $11,000 in 2014.
Through its commitment, Walgreens is sponsoring VPIs five annual fundraisers: Gratitude Dinner in March, Dinnerfest Party + Auction in April, Drive for Victory Golf Tournament in June, Celebration of Life Thanksgiving Dinner in November, and Homes for the Holidays in December.
In addition to event-specific benefits, VPIs yearlong partners are recognized on its website throughout the year and acknowledged in its annual report.
Innovating along another line, VPI at the end of last year posted a two-minute video on its website, Celebrating the Victories of 2014
, which showcases 12 of the organizations clients who, to the tune of Auld Lang Syne, hold hand-lettered signs that summarize their greatest victory relating to hope, health, and housing.
VPI, now celebrating 40 years, said that funds raised through yearlong partnerships help it respond to emerging needs of individuals and families who face great challenges. Since its inception in 1975, the agency has expanded to 18 housing and health programs providing shelter and recovery services to 2,600 people annually.
For the year ending June 30, 2013, VPI reported $10.9 million in revenue, of which $9.4 million came from contributions and grants, and $11.2 million in expenses, according to its most recently available Form 990.