Fundraising For NonProfits: Planning Events
All nonprofit fundraising events are difficult to undertake. Putting up a fund raising is more so because it entails undertaking an activity in a certain given fix time. However if all things go well, events will pay off well.
The first thing you do is put together a complete plan. You have to carry the project as you would a business initiative. List down step by steps things need to be done. And, as in a business venture, your goal is to gain maximum the profit. Make a budget plan because as in business, you need money to pull in money in a nonprofit fundraising too. Implementing your budget plan exactly is also very crucial because you cannot be over spending.
Coming up with ideas for nonprofit fundraising events is the fun part. You can be really creative here. Your event can involve a small group of specific people from the society or it can involve the whole community. If you are a big organization with larger budget, you can plan to undertake big gala dinners, catering to the rich crowd. Such events can bring in comparatively larger amount of money. If you have a smaller budget, come up with the ideas that can be executed with smaller amount of money. Examples of cheaper nonprofit fundraising events can be a walkathon, cycling, auctions etc. One way to make money in these events is to charge premium amount of money to enter. To attract more ticket sales, you can even have big commercial companies sponsor door prizes for the buyers. All in all there should be a lot happening within one event to entertain the participants and encourage them to donate.
You can also involve community people in your nonprofit fundraising events. You can invite influential people from the society, or celebrities, to speak or give presentation on the issue you work in. This will also give you coverage in the local media, at the same time informing and educating people on your issue. However you have to be careful not to let the celebrity factor of the guest overshadow the cause you are working for.
Nonprofit fundraising is for a cause. Therefore it is your responsibility to make sure that the nonprofit fundraising event you are organizing is a profitable one. If you do not make a good plan and execute them strictly as a business person, you might end up in a loss. That will be a good scenario for your organization. Following the prepared plan can ensure the success of your nonprofit fundraising event, giving you a desired result – a profit, which can be put to good use of undertaking your charity work. Be sure to use all your talent, manpower and resources in implementing the event, and apply all tricks of the trade. Invite important people of your society, administration and bureaucracy. That will put your event on the limelight, and if it’s a success first time, you will easily be able to do the event year after year.