Fundraising for charities and various NGOs bring about many positive results which provide support, protection, and aid to various underprivileged communities. Acquiring grants for developing countries is a goal many charities set out for themselves to successfully implement their initiatives. For some, it is fulfilling to know that individuals living in the said underprivileged communities are able to live a higher standard of living through various causes. If you happen to be one of those people who wish to fundraise for such causes, here’s a list of certain facts about fundraising.
1. For Non-Profit Organizations (NPOs) and Non-Governmental Organizations, fundraising is one of their main and basic tasks. Usually, the money to be acquired comes from regular individuals, government agencies, and philanthropic foundations. The funds put together are then used either as capital for more fundraising events, or charity work in communities. For urgent cases, projects such as relief and rehabilitation are prioritized.
2. It should always be understood that raising funds for charities like NPOs and NGOs, the funds garnered should be for the purpose of social work and personal profit is not something to be expected. The funds acquired in fundraising events should be transmuted to funds for NGOs which could be used for their proposed projects and initiatives.
3. Although the main agenda for fundraising will be to raise funds for certain causes, another thing it can accomplish will be to inform the public of the initiatives their organizations have. It is a good opportunity to be known by the public, and for the public to share it across their networks.
4. An NGOs main goal to be able to reach out and help underprivileged communities will be to first and foremost acquire enough funds to pursue their plans. To do this, most of their time is dedicated to seeking various funds and applying for grants.
5. To have a vast number of participants to participate in your fundraising event is ideal. To garner more people to join, it has been proven that participants prefer to be challenged in relation to the cause being supported (Inspired Admin, 2017). An example of this would be the #IceBucketChallenge where participants were challenged in which the symptoms they feel for a short period of time will mimic the symptoms of the cause being supported.
6. Fundraising is all about being prepared. The more creative you get in the events you prepare, the more participants will be interested to know more about both the event you have prepared and the various initiatives and missions your organizations have.
7. Repeat attendees will more likely be the ones to place donations at the end of an event as compared to first-time attendees. Thus, it is essentially important to get hold of each attendees contact details to get the opportunity to invite them again in future fundraising events.
8. To many people nowadays, having to pay for entrance or participation fees will make them think twice even if it’s an event for a cause. Thus, NGOs and NPO should make their fundraising events interesting and worthy enough for the time and effort people will be dedicating towards the event.
Fundraising shouldn’t only be seen as means to reach an NGO or NPOs goals. Although that should remain to be true, fundraising should also be an exciting activity both staff members and participants will look forward to.