Bono and Nonprofit Fundraising
U2’s Bono, one of popular culture’s most recognizable icons, recently announced the beginning of the “Red” campaign, to raise money for African aids victims. http://www.joinred.com/home.asp The campaign will feature “red” products, such as t-shirts from The Gap, a line of sneakers from Converse, “red” iPod’s, “red” Razor phones, and Bono even hopes to get a major car company involved to sell a “red” product vehicle. At least 50% of the profits from these products will go straight to Africa for assistance. What are the implications for corporate social responsibility? Cutlip says, “Corporations have always had an obligations to the society in which they operate” (pg. 390). Also in the Cutlip book, on page 450, exhibit 17.1, shows principles of fundraising. Obviously, Bono is running a high profile campaign and has already had some major corporations come on board. How do you see this case fitting into the principles of fundraising mentioned in the book? What principles does this campaign best exemplify? Are there any principles that are lacking or have been ignored? How does this fit into the greater context of corporate social responsibility and nonprofit public relations?
