9V6RJ3rpFgRWRKz9atzwHWSEAzE Useful Articles Hard To Ignore: Fundraising

Showing posts with label Fundraising. Show all posts
Showing posts with label Fundraising. Show all posts

Tuesday, January 15, 2013

A Quick Guide on How To Organize Fundraising Activities


Organizing fundraising activities can provide numerous benefits for both the organizer as well as the participants. There are plenty of reasons for generating income as there is a wide range of fundraising activities available. Here is a quick guide on how to organize fundraising activities.

Carefully planning fundraising events is not an easy job at all. However, a clearly planned venture can ensure success as well as generation of the desired income. There are certain steps that you need to undertake that should be followed to the letter.

The first step in conducting and planning a fundraising activity is to set clear goals and determine the recipients of the money. As much as possible, be specific with the individuals or organizations that you will raise funds for. For example, if your intention is to generate income for breast cancer, trim it down to breast cancer research in a certain location in the country or for the families of terminally ill victims of breast cancer.

Once you have established your goals and the recipients of the proceeds, the next step is to determine the type of event. Activities such as car wash, pancake breakfast, or bake sale are excellent activities. Casino night or auction may require more planning, time and effort, or even capital. The most inexpensive method can be through letters asking for donations which can be distributed to families, friends, or acquaintances.

The next step in organizing a fundraising event is to assemble a team of volunteers who might be willing to offer their talents, donations, or connections. Delegation of tasks is essential so you can set up committees or sub-committees for other tasks. You can set meetings for monitoring the progress of the event. Select a spokesperson or an honoree who is a member of your organization or cause as representative.

In addition, pick a date for holding the event. Make sure that it will give you enough time to make preparations and is not in conjunction with a local or national event. Determine your budget so your operational costs can be at a minimum. Consider the expenses for each individual as well as the ticket price.

In addition, you can request for seed money from businesses, stores, or corporations. Likewise, you can ask for their support in exchange for being listed in the souvenir program or advertisements. Prepare a letter presenting the nature of the gifts, cash value, or tax deductible information to be distributed to your prospective donors.

Finding a location where the event will take place is a vital step in planning the activity. Scout for every possible venue for the event and be prepared to make an initial deposit. Likewise, determine the legality and your financial liabilities because your event could be subjected to taxes.

Distribute invitations and prepare a program for people whom you want to be present during the occasion. Offer them a booklet that will create an opportunity for them to sell ads and acknowledge the help of sponsors.
After the event, follow up with your sponsors by sending them thank you letters. You can add them to the mailing list of your organization. Compute your gross income and thank the various committees who provided valuable support to the success of the event.

Following this simple guide on how to conduct fundraising activities can ensure a successful venture for generating the needed income for your organization.

Monday, March 19, 2012

School Fundraising Tips: What Should And Shouldn’t Be Done


There is always a season of fundraising in schools. With the school environment, outside influences, and support from the faculty staff and parents, students have more options for their school fundraising ideas—from the detail-oriented theater plays and workshops for college students to knock-and-go candy selling for grade school students.

It’s amusing to see how students put great effort to generate money for their organization’s or group’s spending. But while there are fundraisers that turned out specially successful, there are those that ended up big-time flops that generated little money, if at all. It is a sad experience, but it as well teaches the students what to do and avoid next time.

Tips for School Fundraising
There is a no sure-fire formula to making a fundraiser successful. For the most part, however, teamwork, consistent planning, and careful execution amount to a certain level of success. Now, here’s how you can specifically improve your efforts and maximize your fundraiser’s potential.

1.) Get everyone involved—parents, faculty members, and everyone else who is willing to take part in the fundraising activity. Plan and prepare with them. The supervising person needs to assign duties and expects every responsibility covered. Though they don’t necessarily have to know each other on a personal level, it’s important that volunteers share the same vision and goal and work in harmony with one another. Communication is a vital part here, so set an atmosphere in which everyone can communicate opinions and feedbacks freely. Should problems occur, corrective actions must be done immediately.

2.) Try to avoid doing the common fundraisers. If, however, your group decides to do any of them, make sure to implement changes to keep it fresh and more exciting. Remember that it’s hard to get active involvement if the participants are offered the same things over and over again. Be creative and make innovations. If you can introduce new ideas, so much the better.

3.) Provide reward incentives to volunteers. There is no greater motivation than reward, so allocate an amount from your earnings to reward the people behind your fundraiser, especially those that rake in more sales. This shouldn’t be an extravagant sum, but decent enough to motivate your people. After some time, this will mean sales growth.

4.) Do not ask for dole-outs. There are organizations that call and send letters to ask for money and call it fundraising. While this is a usual practice, this isn’t a very good one. A good fundraiser is one that offers products and services in exchange of a certain amount. It returns the favor, teaches the students the value of labor, and brings pride and dignity to each volunteer. Simply begging for money doesn’t do any of these.

5.) Plan your fundraiser with reasonable intervals. You sure will have loyal customers over time, but setting up your fundraiser too frequently in a year exhausts not only their pockets, but their interest as well. It’s better to have them wait and clamor for a time than to leave them all fed up.

6.) Make generating money the goal, but not the central principle. If you are too taken by accumulating funds, you will miss out on a lot of things. Enjoy the whole school fundraising activity by developing friendships, fostering camaraderie, cultivating new skills, and valuing hard work.

In the end, the new things you learned and the strength of your relationships have much more worth than any amount you earned.

The Basics of Fundraising For Small Charities


If you are looking for fundraising for small charities, there are various options that can be considered. Each possesses their own advantages and disadvantages. Here we will look at the pros and cons of each option.
One source of funding that you can consider is government grants. Although they are available in various forms, national or international grants are outside of range of small or newly formed charities. Even for those who have longed established themselves, application for funds is tedious and complicated without a credible fundraiser.

Instead of applying with an international or national fundraiser, consider local or regional organizations. However, a major drawback of this option is called ‘mission drift.’ Usually, organizations tend to organize the projects and programs that will generate the funds not central to its mission. While the projects can be good, it may be risky for a small charity.

You can also generate your funds from large trusts or foundations. While applying with them can also be daunting, many of these agencies offer funding for small projects. With proper training, however, sourcing your funds from these agencies can help generate the money you need for tour project.

In the United States as well as the United Kingdom, small charities generate their funds from generous individuals. They do not only give one time donations but you can make them a regular donor. If you are in luck, there are dedicated donors who will likewise treat your team for dinner, give you movie tickets or other incentives to show their dedication to you.

At first, considering corporate partnerships can be as complicated as government grants, but given the proper strategy, you might be able to tap the help of companies not only financially but also with the requirements for running your organization. For example, you can ask your corporate partners to donate computers to your organization. This way, you do not have to constantly write one application after another.

In addition, you can solicit the help of local companies who might be upgrading their systems. As a result, you could find yourself writing applications and grants on perfectly working computers. In the end, you can be working with your corporate partner for other lucrative projects.

Moreover, another option that you can consider for generating funds for your various projects is income generation. The simplest alternative available to you is available funds. This is especially applicable for private schools and nurseries, which generate their funds through student fees.

Furthermore, another option you can consider for generating income is through selling of goods. Organizations such as Oxfam and Salvation Army derived their funds from auctioning things. However, the advancement of technology has allowed even the smallest charities to benefit from selling their things on Internet stores, such as eBay.

Finally, the best source of funding that you can consider are companies that offer a combination of various resources in order to generate income diversity. By having diverse source of funds, you will not be subjected to any change in one area. This option has not been practiced for more than 25 years.

Regardless of the size of your charitable institution, finding sources of funds will greatly help in organizing your projects. Funding for small charities can be easily generated by working hand in hand with the above mentioned fund generating organizations.