Raising funds (also known as fundraising) is a technique of collecting donations of money or any other forms of resources by requesting contributions. This is achieved by asking for contributions from governmental agencies, charitable foundations, businesses, or individuals.
There are different ways you can use to raise funds for charity. These methods include:
There are many companies, corporations, foundations, and agencies that offer grants for non-profit organisations to apply. Grant funding is a popular method used by private foundations as well as government units. Different non-profit organisations will compete for the grant.
Back in 2016, it is estimated that Australian corporations gave $9 billion as charitable. This number included volunteer grants, matching gifts, as well as corporate grants.
Private-Funding (Individual Donors)
An individual donation is a popular form of raising funds for charity. This technique involves identifying and soliciting for investors or private parties for a non-profit enterprise. Often referred to as File, you can raise funds by asking friends, parents, corporations and private foundations to donate. The truth is that this method takes time and a lot of effort explaining to people why they should donate.
Selling Products Or Services
This is another method one can raise funds for charity. In a matter of facts, it is a popular method and mainly used by companies and store owner. The chances are that you have seen a company asking you to buy their products and certain percentages of the purchased product cost will go to charity. Moreover, many store owners around in Australia have some sort of donation collection bins for customers willing to donate after they have purchased their product.
As such, if you are looking for a great way to raise funds for charity, this method is excellent. All it takes is selling your products or service and using a certain percentage of the buying price to raise funds for donation.
Crowdfunding is a technique of raising funds for a cause or product by involving a large number of people. This can be done either online or offline. It is a popular form of raising funds efficiently. However, it needs a lot of preparation and effort marketing the event. In other words, it is generally a form of peer-to-peer fundraising technique that uses the power of social networks to not only raise awareness but draw donations from all over the world or country.
The benefit of this fundraising technique is that anyone can do it. It does not need selling funds, competition, or talking to few people. In other words, if you do not have the ability, power of funds to use the above methods, then this method is for you. Furthermore, due to advancement in technology and increased number of social media, you can appeal to people quickly. It has become an essential part and tool, especially for an individual or a small group of persons. It offers a simple and yet effective way of accepting donations.
Offline crowdfunding methods may include:
– Fun Run or Walk
– A-Thon Event
– Other Forms Of Competition (Not Sporty)
– Sporting Event and others
– Poker Events
How to Raise Funds For Charity?
It is quite clear that there are many ways one can use to raise funds for charity. However, the million-dollar question is how do you go about it? Well, below is a step-by-step method to follow.
- Talking To The Charity, You Are Rising Funds For
The first thing to do is talk to the charity you are about to raise funds for. Many people raise funds without contacting their preferred nonprofit organisation. Well, this is good, but you will find there is a lot of benefit to reaching out. For example, you may tie your even with theirs for a better outcome.
- Consider The Method And See If Your Company Matches Gifts
Even though it is essential to think of the method you prefer in advance, it is wise to consider everything. The truth is that some ways may work for you and others will not. All in all, the technique you use to raise funds is essential.
Also, it is important to see if your company matches gifts. What does this mean? Well, it merely means that a company will match the charitable donations you make. This technique will double the amount of money you will be able to give to your chosen charity.
- Hold An Event
Holding an event is a great way to raise funds for a particular charity. The truth is that organising an event can turn into a massive undertaking and it is wise to work with everyone who is passionate about your cause. At the same time, it is important to note that fundraising even needs an upfront financial investment. You can minimise cost by requesting local businesses to donate.
- Take Advantage Of The Web
The internet has made everything easy, and this is a fact. For this reason, using the web to not only market the even but also create awareness is an excellent move. Moreover, research shows that 87% of people in the world hold either one or multiple social media accounts. For this reason, taking advantage of social media is a huge plus.
- Talk to us
Here are Poker Deluxe we have a range of ideas for fundraising including
fundraising ideas for Sports Clubs, Cricket Clubs, Football Clubs and serve clients all around Australia Including Melbourne, Sydney, Brisbane, Perth, Adelaide and Gold Coast.