Fundraising
is a way of soliciting donations, aids or resources from individuals,
government and businesses. Most non-profit organizations often conduct
fundraising events to attract more investors or sponsors to fund the
organizations’ causes and activities. Fundraising is vital for
non-profit organizations in order to obtain money for their operations.
These causes are very broad subject as it involves child and adult
services as well as political campaigns and environmental issues.
A
fundraiser is an event or campaign whose purpose is to raise money for a
cause. Fundraisers often benefit charitable, non-profit, religious, or
non-governmental organizations.
Conventionally, fundraising
is known as asking for cash donations from various sources. People
often see members’ of the organizations encourage others to donate or
drop their change in jars. However, various fundraising ideasemerged as
the society evolved. Below are the top five fool proof fundraising ideas that can guarantee you to raise the money your organization needs.
Online Fundraising
Due
to the unprecedented influx of technology and people spend most of
their time online give rise to a new type of fundraising idea known as
online fundraising. This particular type of fundraiser makes use of the
online platform. The most common form of online fundraising is crowd
funding, in which people donate funds through an online payment system.
Crowd funding supports non-profit, political and charitable campaigns or
financing projects, ideas, start-up companies and proposals. Sponsors
and donors of the initiative came from different backgrounds who
believed in the cause, the reason why they support it.
Voucher Fundraising
Another
form of fundraiser is voucher fundraising. Non-profit organizations,
schools, community groups and local clubs will partner with a sponsor to
sell discount vouchers to the members and supporters of the organization. Part of the proceeds will go to the organization. The best example of voucher fundraising
is MyPhoneVouchers, which offers NPOs a great way to raise funds.
MyPhoneVouchers offers a subscription service that connects businesses
to its potential clients. Subscribers will enjoy ton of discount
vouchers from the company’s hundred business partners. NPOs will simply
endorse and encourage its members and supporters to subscribe to
MyPhoneVouchers service. Half of the membership fee or $20 will go to
the NPOs. MyPhoneVouchers also offers an annual income for the
organization since half of the fee will be given to the NPOs every time
their members renew their subscription.
Auctions/Garage Sale
One
of the most common fundraiser that organizations do is to auction
things to get the highest possible price. Some of the great pieces to
auction are paintings, antique pieces, furniture, collectors’ items and
things with historical value. This allows the organization to accumulate
funds. Garage sale, on the other hand, is selling previously-owned
items on sale. Most of the time, the items in the garage sale are from
some of the members of the organization that they no longer need.
Meanwhile, other members may take a liking on some of the items on sale.
Events
Non-profit
organizations love to organize events such as lunch and dinners, bingo
nights, and bake sale. NPOs should be creative in thinking of events
that will be enjoyed by their members and supporters in order to attract
more participants to join the event. Funds are raised from the entrance
fee, sales and other sources since an event could be a potluck of
fundraising ideas.
Raffles
