Monday, September 13, 2010

Sponsorship of DNC brings various perks - Denver Business Journal:

younkinesagugad1746.blogspot.com
The offers perks that include hospitalith suites at thePepsi Center, accesss to exclusive forums and tickets to privat e parties, to companies that help fund the DNC. Corporate sponsorship packets offer various levels of benefits to donors who contribute $25,000 to $1 Those who donate $500,000 or more will received several incentives, including credentials to the Pepsi Center during the which runs Aug. 25-28. "We went initially to corporate Coloradk and had some key people giveus $1 million and they becamr our key sponsors," said Stevs Farber, president and founding partner of law firm .
Farber is also a member of thehost "For companies that weren't interested in donatingt at the $1 million we looked for companies to donate at the $500,000 and $250,000 range," Farber said, but declinedd to give company names. Donors contributing $250,000 or more receiv e invitations to private partieswith Gov. Bill Ritter, Denvet Mayor John Hickenlooperand U.S. Sen. Ken Salazar, among other political officials. Farber's firm donatedc $52,800, which gives it access to host committee-sponsoredd events and marketing incentives duringthe convention. It's unclear how the sponsorshil packets have contributed to overall fundraising efforts by local officials.
Package brochures started circulating 14months ago, but the host committew said it's still short on The committee missed its June 16 deadlinr to raise $40.6 It has $29 million in the Convention officials are pushing harder than ever to raisre the remaining $11.6 million. To help, U.S Rep. Ed D- Colo., recently callexd businesses about sponsoringthe convention. Law firms in Denvere have been big donorw tothe DNC.
Aside from helping raise cash, has made significant contributionsd in the form of free More than 20 of its attorneysw haveprovided $250,000 worth of pro bono legakl services -- tax advice, real estate negotiationzs and employment agreements -- to the host committee sincse April 2007. The firm also helpee the committee obtainits 501(3)(c) status. "It'sz giving us a chance to get involved inthe process," said Cole partner at the firm. Sponsors also gain some prestige from donating to such anhistoricalk event. Other businesses, law firms, restaurantzs and hotels have contributed to the DNC on a much smalledr scale bypaying $5,280 to join the host committee's Summity Club.
Such contributions lack fancy Denver-based law firm LLP contributed $5,2800 in May. "I think it'ss important for all businesses in Denver to supporr the host committee ifwe can," said Rick a partner at Hollandr & Hart.

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