You’re been charged with coming up with monetary funds for a community project. Raising funds is a big challenge. There are many types of fundraisers you can hold in your community. The three most profitable types of fundraisers are special events, contests and peer-to-peer fundraising. The most important element in any community fundraiser is taking the time to understand the purpose of the fundraiser. The fundraising authority outlines 10 steps to a successful fundraiser in this article.
It is important to remember that fundraising should be fun for both you and for all those who participate in it. Another equally important thing to remember is that your community fundraiser should be targeted to the audience you feel will benefit and support the cause. Community fundraisers are perfect to cement relationships with the community. Knowhownonprofit.org cites that local community fundraisers build relationships with your community. It is important to:
- Define the Need-Basically you need to know why your community needs the money. If you don’t define the need clearly enough, you will lose potential donors. You need a clear message in order to gain interest in your projects from the very beginning of the process.
- Examine the Benefits-Benefits are important to know as it will make it easier to promote the cause. You need to ask the question of who will benefit from the funds now. If no one receives any tangible benefits from this event, it will be impossible to promote.
- Emphasize the Solution(s)-Clear goals and resolutions to issues affecting the community will serve your community better than weak goals and resolutions. Your donors need to know how the money will be spent. You should have a good plan that has specific goals in mind because it will generate more interest than one that doesn’t have any plan in place.
- Define where the money is going– You need to work out all expenses for the fundraiser, including what type of fundraiser you will hold. Once You decide what type of fundraiser you’ll have, you’ll need to know where money will be distributed and what portion of the funds raised will go towards the project(s).
- Set goals and timelines-Setting goals is a critical component for a successful fundraising event. Everyone needs guidelines to follow in order to achieve set goals. Motivation factors into the equation when organizing a community fundraiser. Timelines are important because they give organizers incentive to finish their tasks at a particular time.
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