NEWS: NABS drops charity events thanks to its covenants success

NABS, the industry charity, has scaled down its fundraising events for 1996 after winning more donations through corporate covenants.

NABS, the industry charity, has scaled down its fundraising events for

1996 after winning more donations through corporate covenants.



The reduction has been made possible following a drive for more regular

financial flows by the NABS director, Denise Larkin, and its president,

Ron Miller.



The pair have been touring agencies over the past six months to discuss

donations by direct payroll deductions from employees, and the

establishment of corporate covenants.



NABS expects around 70 per cent of this year’s pounds 1.6 million target

to come from covenants or direct payroll deductions, after winning

agencies over to the idea of providing funds through covenants. The

charity claims that every agency asked for a commitment to a corporate

covenant over the past six months has agreed.



Casualties of the reduced programme include NABS’ It’s a Knock-Out

Olympics and its banger-racing event, while plans for an Olympiad have

also been postponed, according to a spokesman for the charity.