Marketing Plan: Donor Recognition and Stewardship

Marketing Plan: Donor Recognition and Stewardship INTRODUCTION Economic recession has had its impact on the number of donors. As the economy is recovering, the trends indicate that non-profit organizations continue to lose donors faster than they gain them even if the giving amounts are increasing. The results are troubling because were seeing a trend of charities relying on fewer donors giving larger gifts, said Elizabeth Boris, director of the Center on Nonprofits and Philanthropy at the Urban Institute. Charities need to work harder on reaching out to new and different groups of donors. More important, however, is keeping donors for longer than a year, since its much cheaper to retain existing donors than it is to continually find new ones. Non-profit sector is undergoing changes. Maybe its the already-begun exodus of Baby Boomers in nonprofit leadership positions. Maybe its the scramble to understand shifting giving habits as younger donors enter the philanthropic discussion in greater numbers. Whatever it is, it makes us rethink donor relat ions, which is undergoing a metamorphosis in both thinking and approach. background Market Analysis. Childrens Health Foundation is an independent incorporated non-profit organization dedicated to raising and granting funds to supportChildrens Hospital at London Health Sciences Centre, Thames Valley Childrens Centre and Childrens Health Research Institute. Since 1922, funds raised have helped deliver exceptional care and support for children and their families by providing specialized pediatric care, equipment, education programs, therapy, rehabilitation services and research. Childrens Health Foundation is regional pediatric referral center for South Western and North Western Ontario. Childrens Health Foundation is operating in an extremely competitive industry. Canadas charitable and nonprofit sector is the 2nd largest in the world with 170,000 non-profit organizations. Ontarios 46,000+ NFP organizations employ about one million people, 15% of Ontarios total workforce, and have an economic impact of nearly $50 billion. This represents more than 7.1% of Ontarios GD P- greater than the automobile and construction industries combined. More than 5 million Ontarians donate over 820 million hours of their time volunteering every year, valued at the equivalent of 400,000 full-time jobs. Health care is the second largest recipient of donations in Canada (behind religious organizations) and makes up approximately 13% of all donations received from Canadians. Large philanthropic donations from individuals or corporations are becoming increasingly important sources of donations. At the same time, in both urban and rural communities, donor fatigue is becoming a real concern. As residents continue to be asked to contribute to charitable organizations, there comes a point at which their willingness or ability to donate is exhausted. This is of particular concern in large urban areas like the GTA, where there is fierce competition for donor dollars, according to Anthony Dale, CEO of the Ontario Hospital Association. Philanthropy in Canada is highly dependen t on oil and gold prices. Looking back within Canadas philanthropic history, it is noticeable that a year after a recession there was a significant decrease in fundraising contributions. And with Canadas health care system becoming increasingly dependent on philanthropy, its capital planning may become increasingly vulnerable to fluctuations in Canadas resource economy. Philanthropy is essential to the wellbeing of the health care system, allowing hospitals to improve and develop their infrastructure and conduct innovative medical research. This is the reality for Childrens Health Foundation as well, whose infrastructure, hydro, water and salaries only are funded by government. All the specialized programs the foundation provide and equipment is covered with donor dollars. But as we enter the era of plunging oil prices and economic uncertainty, hospital foundations are likely to face harder times fundraising, and this may make any disparities in access to capital projects among comm unities worse. In addition to that, Canadians are becoming less generous and giving fewer donations to charity than they did a decade ago, according to the 2016 Generosity Index published by the Fraser Institute, a think tank. Acquisition of the gift today has become a measuring stick for performance for many non-profits. The fact that 15% of Canadian population makes over 80% of all charitable contributions is evidence of how important stewardship became. Brand Analysis. The brand identity of Childrens Health Foundation which comprises the logo and the tagline is very clear and concise. Their mission to mobilize the community to support excellence in health care, rehabilitation and research for children and their families is fully backed up by all the programs and support they offer (innovative research, world-class hospital facilities and equipment; wide range of financial, legal and moral support to families with sick children). They are very consistent in updating their online s ocial blog, website, Facebook page, as well as uploading not only visuals but also the documentaries on regular basis to strengthen the impact of the message they are trying to convey. Childrens Health Foundation constantly conduct different campaigns to increase their reach and revenue. For the time being they cover South West Ontario, some parts of North West Ontario and have established good relationships with Thunder Bay hospitals. Childrens Health Foundation is promoting their brand on their website by using stories, visuals and documentaries for people to see the harsh reality of ill children and understand the difference they can make with their donations. The foundation also uses the social media platforms such as Facebook, Twitter and YouTube to increase their reach as well as newsletters. They are raising funds and increase awareness of the cause by running campaigns, accepting donations on different levels andorganizing fundraising events. Childrens Health Foundations bra nd IDEA (integrity, Democracy, Ethics, Affinity) is very effective which increases its credibility. Childrens Health Foundation focuses on providing full range aid to the sick children and their families by providing high quality support on various levels (treatment, rehabilitation, financial, legal, moral), which is something unique and is the base of their positioning in the market against other non-profit organizations like Sunshine, Save the Children or World Vision. All of these organizations cover different needs of children make their dreams come true, provide financial support or food supplies to malnurished kids. Childrens Health Foundations brand evolve around the most vulnerable part of our society sick children. Because children are our future, donors are very willing to support this cause and it does attract significant amounts of funds. Childrens Health Foundation has raised $8mln. last year. In terms of donations Childrens Health foundation is targeting corporation s and people with various income levels that are not indifferent to the cause as every dollar that comes in is important. The donor segmentation is as follows: individuals, corporations, lifetime giving, legacy, community fundraising. Varied demographics is one of the challenges the foundation is facing when trying to build their donor recognition and stewardship programs because every demographic group depending on level of donations is expecting different things. Looking at the ways to donate, however, it is clear, that the foundation fails to address and engage in their efforts the generation of millennials. The objective of the Childrens Health Foundation is to come up with a plan on how they can recognize and steward all different demographics and customize these programs according to different levels of donations by remaining inclusive. SWOT Analysis Childrens Health Foundation Strengths Brand associated with children. People like to help children. Affiliation with Childrens hospital, Childrens Research Institute and Thames Valley Childrens Centre, so donor dollars are kept under one umbrella. The third largest children health research institute in Canada. Offer various specialized programs to sick children. Strong community event partnerships. Childrens Health Research Institute leverages the seed funding from Childrens Health foundation 10 times over, with external and peer-reviewed grant success. Tax exemption Family Centered care environment through programs as: fund specialized equipment, comfort sick children, establish a new simulation, support families in need, fund pro-bono legal services for patient families. Weaknesses Limited budget. Hospital policy limitations. Limited staff. Targeting a wide range of demographics without particular focus. Website is not very graphic. Opportunities Tap into the market of Millennials and encourage involvement in the cause Cause Related Marketing Innovative donor recognition stewardship programs Having limited resources to focus their efforts towards actions that would bring the biggest return Threats Vulnerable to economic crisis. Charitable giving is one of the first cash outflows that consumers cut back on when money is tight. Since they depend on contributions, they need to avoid the perception of impropriety. Even a small scandal can be damaging. Donor engagements are difficult in hospitals due to health, safety privacy issues Giving trends are changing, its important to adjust competitive evaluation Childrens Health Foundation is competing with every cause being promoted by other more than 60 not-for-profit organizations in London, Ontario. The advantage of Childrens Health Foundation is that their mantra evolves around sick children, which is more likely to win donors hearts than any other cause. On regional and national level Childrens Health foundation is facing more fierce competition. We will look closer at 3 of 13 Children Hospital Foundations in Canada Childrens Health Foundations, Sick Kids and McMaster Children Hospital Foundation, as they are all competing in exactly same field and are part of Childrens Miracle Network. The point of parity is that all these organizations are Hospital Foundations and provide help to children with severe health problems. Competitive Evaluation Childrens Health Foundation Sick kids foundation McMaster Children Hospital Foundation Simple, clear landing page. Appealing video on the landing page of their website. Simple landing page. No specific partners mentioned. Partners are not listed. Partnerships with well-known companies. Not very pictorial when it comes to kids. Very creative in terms of content and use of graphics. Impactful. Good content. Easy way to donate whatever amount you wish to. Different approaches to donate for specific programs. Easy way to donate. There is a donor recognition page on the website. Donor wall shows how the foundation have recognized their donors. No donor wall to identify donors. Conducts bowling competition to save lives of children. Have kids lottery system to raise funds. No upcoming specific programs to raise funds. Does not target millennials. Has a page on their website which allows to create own fundraising campaign and customize it for birthday etc. Does not target millennials. Has an extensive specialized program variety for family support (financial, legal etc.) Deals with a large variety of serious diseases and has a long history and solid reputation as an establishment offering word class programs like Motherisk. Focus on cancer, mental health and eating disorders for children. Sick Kids is very established foundation with long history, strong website and variety of programs they offer. They do target millennials offering them to customize their fundraising activity on Sick Kids website. Childrens Health Foundation should look into this market as well as to enhance their website for a stronger impact. opportunity identification Childrens Health foundation is very similar to competitors in terms of services, target audiences and fundraising activities. The opportunity lies in differentiation. The organization could do that by implementing innovative donor recognition and stewardship program, segment their donors more efficiently to focus their efforts in order to maximize the return and tap into market of young donors. goal statement In this marketing plan, we will focus on developing Donor Recognition Stewardship strategies for several donor segments: Planned giving as one of the sources of large donations to ensure future gifts. The planned giving component can promote long-term endowment building as well as assisting support over time as an inflation hedge. Lifetime giving to ensure loyalty and repeat gifts to support steady funds. Individual giving by millennials to ensure we engage the young generation in philanthropic activities. marketing objectives To increase planned giving by 10% by the end of the year. To maintain ongoing relationship with long time loyal donors. To increase millennial giving by 20% with engaging recognition and stewardship program by the end of the year. communication objectives   Ã‚   Planned Giving: Raise awareness about planned giving opportunities for a good cause -Childrens Health Foundation Lifetime Giving: Increase engagement with lifetime donors to strengthen the relationship. Individual Giving: Raise awareness about giving opportunities among millennials and engage them in such activities. creative objective planned giving Our basic creative strategy is to position planned giving as the most meaningful way to leave a legacy. creative strategy planned giving Target audience for this campaign are people of 60 and above (70% women as they are more likely to donate to health-related charities), who will be soon retiring or already retired with a significant amount of funds or estate at their disposal in South West and North West Ontario. Some of them have already started will /estate planning. They are single with small or no family, married with no children, or married couples with successful children. They have been donating to charities regularly or are connected to charitable giving in other ways, like volunteering. They are quite conservative and relationship is very important to them. This audience is into traditional media and listen to classic radio. They search online for real estate or auctions, could use twitter, but mobile phone is regarded as a practical tool rather than entertainment device. This audience are big fans of both water and motor sports. They have high rates for going to community theatres, baseball games and golf events. And personal finance appears to be one of their favorite indoor hobbies. We have chosen this segment because Childrens Health Foundation finds it challenging to steward this type of donors and often, some of the greatest and most transformational gifts to an organization come through bequests and other planned gifts. In Canada, the Canadian Imperial Bank of Commerce estimates that Canadian boomers are about to inherit approximately $750 billion from their aging relatives over the next decade. Now the baby boomer generation is entering retirement and many are willing to pass on their inheritance to charities rather than to their children. Regional disparities should be taken into consideration as well. Ontario residents expect to get the bigger bequests: 6.4 % look to receive more than $500,000, almost half as many as the 4.4 % across Canada who anticipate receiving such a large inheritance. As the boomer generation ages, it is increasingly crucial for all health care foundations to establish a planned giving strategy, giving donors even more ways to fulfi ll their philanthropic goals and touch the lives of others. The population of people of 55 years of old and over is continuously increasing in London and make up around 35% of its population. Seniors are most likely to donate to health-related charities. Positioning For lifetime Philanthropists, the Childrens Health Foundation is the ultimate way for leaving legacy by providing long lasting value to the most vulnerable part of our society sick children and contribute to our future. Childrens Health Foundation commits to full support for these kids and their families including treatment, rehabilitation, innovative research, financial and legal assistance. Recognition and Stewardship Conventional donor recognition and stewardship model does not work for this type of giving. As planned gifts are revocable, deferred and can be changed by the donor at any time, it is very important that these donors are recognized and thanked systematically. Proposals for planned giving could be shared with the current donor database. Planned gifts can be an important part of most major gift proposals to donors who pledge a specific amount while alive to purchase equipment or help pay for construction. A deferred planned gift can supplement this support by creating a permanent endowment that will provide perpetual support for the same program or building. Planned gift proposal could be incorporated into all charitys fundraising efforts. Donors who establish life income arrangements (charitable trusts, gift annuities), arrange for retained life estates, or donate life insurance policies (all irrevocable) as well as those providing for bequests or naming your charity as a beneficiary of their retirement plans or life insurance policies (revocable) should be nominated for Guardian Circle. The common theme of these donors is their belief that providing for the future of the organization is important and that their funds will be used for a noble cause to help those in need when they will no longer be with us. Donors are becoming philanthropists and investors, and will require different types of information, greater transparency and access to leadership. Which means legacy donors should be provided with Inside Reports on a regular basis or perhaps a personal perspective on something happening at the charity. These should be from someone high in the organization and could be sent on society letterhead to reinforce the feeling of belonging to a community of special donors. It is important to meet them face to face and as often as a donor deems necessary. Small tokens of appreciation could be sent on regular basis: crafts made by kids, maybe some tickets to a classical music concert given by sponsor or other type of gift received on the basis of partnership with for profit organizations. There is no cost involved and shows that these donors are being though off. Planned gift donors should be invited into every fundraising event to make sure Childrens Health Foundation has as many touch points with these donors without forcing unnatural interactions like compulsory monthly calls. To keep a database of their birthdays or anniversaries, their children or grandchildren birthdays or other events (exotic holiday, wedding, someone is sick) to make sure that these donors and their families receive a card or follow up phone call (with no ask) on these occasions. Greeting cards could be prepared by kids. It is a very personalized attention, that shows the donor that you care and remember. In this way, it is possible to involve all the family in philanthropic activities and potentially increase donations from other sources. Board members could organize a yearly lunch or dinner evening only for this type of donors to discuss in more detail the struggles and plans of the foundations. The cost of such a dinner could as well be a gift from a restaurant to the Childrens Health Foundation if arranged. Every planned gift donor should have an opportunity to have a tour of the facilities, to speak with researchers and employees of the hospitals at least once, so they would get a feeling of how they can contribute to the cause rather than just see the numbers on the paper. This would help them to feel more involved. Planned gift donors may as well become monthly donors to assist in covering some immediate needs or vice versa, so while maintaining an ongoing relationship it is important to leverage different opportunities and to offer them to the donor as an option. Planned gift donors should have contact details of their main contact in the foundation should he have any questions. All their problems should be resolved in a timely and effective manner. Donors should be publicly recognized to the greatest extent theyll allow, which, would help make planned giving more accessible to other potential contributors. It would be nice to name a building, garden of the hospital or some other place of the facilities after the name of the legacy leader and honor a person with the largest contribution this way. Media Channels Ad on Classic Radio, TV and magazines, brochures to be handed out at theatre, art galleries, golf events, fundraising events; Twitter, announcements on website, face to face, telephone. creative objective lifetime giving Our basic creative strategy is to position lifetime giving as a vital source of income, enabling Childrens Health Foundation continue making difference for many families lives. creative strategy lifetime giving Target Market INDIVIDUALS Target audience is 40+ years old persons (men and women) with advanced degrees and minimum $100,000 + income per household who have already made at least 3 donations in their lifetime. They are either empty nesters or married couples with university-aged children They have high rates for going to the theatre, symphony, art galleries and the ballet. At home, they read lots of books, listen to classical music radio stations and subscribe to business, news and travel magazines. They are politically active, rank high for working on community projects, serving as volunteers and writing letters to public officials. They also support a long list of philanthropic causes, exercising their well-developed social conscience with both their time and money. They read business and travel publications, watch TV golf shows and jazz festivals. This audience is one of the top clusters for buying financial products. These savvy Canadians invest in virtually every kind of mutual fund available. Positioning For philanthropists, the Childrens Health Foundation is an investment that makes a real difference and offers a priceless return a tremendously improved quality of life of children with severe health issues. Childrens Health Foundation commits to full support for these kids and their families including treatment, rehabilitation, innovative research, financial and legal assistance. CORPORATE Target audience consists of large and mid-size businesses Childrens Health foundation have not cooperated with. These businesses are looking to incorporate philanthropic activities into their brand and culture to raise awareness and increase their brand equity as well as to contribute to their communities. Positioning For socially responsible businesses, investment in Childrens Health Foundation is a most efficient way to make a difference in the lives of their communities, by helping the most vulnerable part of our society children to lead a quality life recovering from life threatening diseases. Childrens Health Foundation commits to full support for these kids and their families including treatment, rehabilitation, innovative research, financial and legal assistance. We have chosen these target markets because middle class is declining and it is increasingly important to retain the loyalty of the donors to ensure steady revenue flow. Corporations is as well an important source of continuous revenue for charities for smooth daily operations. Childrens Health Foundation is currently working on the recognition and stewardship plan and came up with the below thresholds for lifetime giving. Individual $25,000 $99,999 Individual $100,000 $499,999 Individual $500,000 + Corporations $250,000 + Recognition and Stewardship Donor recognition and stewardship program should be aimed to form deep and lasting relationships with the donors, by adopting a long term ongoing mindset rather than to check off a box on a checklist. Conversation should be dynamic and ongoing rather than static. Ideally every level should have a name of the circle who would enjoy the benefits of a specific level of donation. INDIVIDUALS Individual $25,000 $99,999 Give donor a photo frame of the children being helped. To thank them in person if feasible to strengthen the relationship. Develop a stewardship section on the website where all new memberships of the circle are being announced acknowledging the loyalty and support of the new member. A pin of the circle. Invitations to all fundraising events Individual $100,000 $499,999 A painting with colorful handstamps of children of the hospital as an authentic way to say THANK YOU. It should be given in person. Send cards or make a phone call during these birthdays, anniversaries, etc. That way, your donor will know that theyre on the top of your mind. Invitations to all fundraising events. A pin of the circle. Tickets to an art show or complimentary golf rounds received from sponsor so it would not cost anything and donors would feel appreciated. Individual $500,000 + A necklace made by children in the hospital as a thank you gift. A yearly dinner with board members to discuss issues and make the donors feel they are part of the family and get a feeling of what is happening behind the scene. A pin of the circle. Invitations to exclusive events received from sponsors. Send cards or make a phone call during these birthdays, anniversaries, etc. That way, your donor will know that theyre on the top of your mind. Invitations to all fundraising events. A public announcement (if donor agrees). Media Channels Brochures to be handed out in art galleries, theatres, symphonies, fundraising events; ads in business and travel magazines; TV golf shows or jazz festivals; email, face to face, website, Twitter, LinkedIn. CORPORATIONS $250,000 + At the completion of a project or campaign, provide them with a small photo book that showcases the project from inception to completion. A photo book is tangible evidence of how their dollars were spent and serves as a constant reminder of the organization. When creating the photo book, we should be certain to select results-oriented pictures that are tied to your cause and show the impact our organization makes. Highlight a donor on the website or with newsletter. Include why they are such an important part of your organizations family. Honor major donors that stand out with a personalized plaque. A 2 to 5 minute thank you video to publicly recognize them through social media and promote your organization to other potential supporters. Use social media provide the chance to recognize donors in a regular and ongoing way. Media Channels Face to Face, telephone, brochures, email. creative objective individual giving/millennials Our creative strategy is to position Childrens Health Foundation as a cause that invites our young generation to participate and therefore, make a difference. creative strategy individual giving/millennials Target Audience is men and women from 18 to 30 years old singles or young families. Their income is not very high as they are still in college/university or working in entry level jobs that do not bring high income. These young, tech-savvy consumers find their entertainment online. They are doing volunteer work in an effort to improve their community. They tend to donate to whatever inspired them at the moment and are looking for causes with social value and alignment to a higher purpose. They want to participate and co-create products as well as for disruption of the status quo in ways that appeal to their sensibilities. This group is very influenced by their peers. < Rainforest Deforestation | Essay Rainforest Deforestation | Essay There are many reasons why the rainforests are disappearing right before our eyes. There are two main causes total deforestation, agriculture and fuel wood collection in dry areas. The main cause of the disappearing forests are logging, mining, industrial development and large dams. Tourism is also a large threat in deforestation. They all play a major part in the degradation of all forests. What is logging? Many may ask that question to a forest expert. Logging is simply the cutting down of mature trees for their timber. Large areas of the forest are destroyed only to remove a few of its logs. The heavy equipment used to break through the forest causes even more damage. As the soil is compacted and the trees are cut down by the heavy machines, the chance for the regeneration of the forest decreases significantly. The tracks made by the heavy machinery are a site foe extreme soil disturbance which will eventually erode in heavy rains. Now the lives of all the forests inhabitants are disrupted by the removal of only a few logs. The International Tropical Trade Organization (ITTO), was established in 1988 to regulate the trade of tropical timber, but the amount of logging was insignificant on a world wide scale. Most rainforest timber on the international market is exported to rich countries. There, it is then sold hundreds of times the original price paid to the indigenou s people whose forest have been plundered. The timber is then used for the production of doors, wood frames, crates, house hold utensils, and other items. The next cause of deforestation is agriculture, the shifted cultivators, cash crops, and cattle ranching. The term shifted cultivators is commonly used for the people who have moved into the rainforest and established small scale farms. These people are landless peasants who followed roads into the damaged areas of the forests. Shifted cultivators are being blamed for 60% of tropical forest lost. The reason they are called shifted cultivators is that they are forced to move off of their own land and move into the forest which they had no knowledge in order to sustain themselves and their families. After a time these farmers encounter the same problems as the cash crop farmers do. The foil does not stay fertile for a long time, so they are forced to move or shift again to a new area in the forest destroying it more and more. Its evident that shifted cultivators have become part of the destruction of the rainforests but not the cause. Undisturbed areas of the rainforests are being clea red in order to provide land for food crops and grazing cattle. Much of these crops are grown to be exported to rich industrialized countries, which leaves the poor population to go hungry and fend for their selves. Because of the delicate nature of the rainforest soil the productivity of cash crops grown declines after a few years. Mono-culture plantations are those that produce only one species of tree or type of food. The reason they are referred to as cash crops is that the only reason they are planted is simply to make money and make it fast, with very little concern about the environmental damage they are causing. Most cases involve cattle damage, the cattle damage the land to such an extent where the ranchers have no use for it anymore, they move on destroying more and more of the rainforest. The forest is not the only thing being destroyed; cattle ranchers have exploited the land leaving it barren and stripped of nutrients not being able to sustain any life at all. The third cause of deforestation is fuel wood, fuel wood is used for heating and cooking. The United Nations Food and Agriculture Organization estimates that 1.5 to 2 billion worldwide rely on fuel wood for many purposes. The problem is worse in drier regions of the tropics. A solution will probably mean the return of the forest to local people who know how to control it. Another cause is the production of large dams, in India and South America millions of acres of forests are being destroyed by the building of these large hydro-electric dams. It was a dominant view that hydro-electric dams had to be built or these countries would suffer from am energy crisis. The construction of the dams not only destroys the forests but also displaces the tens of thousands of families, not only destroying their land, but also their culture. The rates of waterborne diseases increase significantly. The downstream ecosystems are destroyed by the dams which trap the silt, trapping many valuable nutrients. The irrigation and industrial projects that are powered by these dams lead to extensive environmental damage in the future. The irrigation leads to destruction of soils and the industry leads to pollution. Mining and industry is the fifth cause of rainforest destruction. Mining and Industrial development lead to direct forest loss due to the clearing out of land to establish projects. Roads are built through unattainable land, which then opens up the rainforest. This later causes sever water, air, and land pollution. One more being the Colonization Schemes, government and international aid agencies for a time believed that by encouraging the colonization and the trans-migration schemes into the rainforest, they could improve the poverty felt by the people of the financially poor countries. It has become obvious that such schemes have failed numerous times, hurting the indigenous people and the environment. These schemes involved the relocation of millions of families into over populated parts or the forest. For example, in Indonesia, the Transmigration program begun in 1974. it is believed to be the greatest forest lost in Indonesia, directly causing an average loss of 200,000 hectares. These people suffered the same problem as the shifted cultivators did. The soil was not fertile enough, which made them move into another part of the forest destroying more land that was originally intended. The last cause is tourism, the creation of national parks has unquestionably protects rainforests. Though national parks are open to the public, the tourism is damaging most if these areas. National Parks are often advertised to vacationers before sufficient management plans have been developed. Insufficient financial support is to be paid for the preservation of forests by government departments. These government departments see tourism as an easy way to make money, therefore tourism is highly encouraged. Ecotourism or environmentally friendly tourism should educate the tourists to be more environmentally aware. Unfortunately many companies and resorts that advertise themselves as being ecotourist establishments are only exploiting the land for a profit. In conclusion we all have a part in destroying the rainforests; whether it be by logging, mining, industrial development, agriculture, or tourism. In order to make the world a better place for everyone to live in we all must come together and protect what we are destroying. Without the rainforests there wouldnt be oxygen and without oxygen there will be no way for any for of life to survive. So I ask how important are the rainforests to you?