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The answers to these questions will enable you to
establish the aims and objectives of your
fundraising. Remember that fundraising is about need,
not about money. Any fundraising message you develop
should start by establishing the need (what needs to
be done to make the world a better place) and how
your organisation can do something to relieve this
need.
How Do We Fundraise?
Five key
fundraising methods are:
- Public
donations. These can be accessed through
events, raffles, street collections,
advertising, inserts and direct mail, etc.
- Supporters/donors.
If you already have some financial
supporters/donors, you can approach them to
give a repeat gift, via direct mail,
telephone, or face to face.
- Foundation
grants.
- Government
grants.
- Sponsorship/donations.
| Remember
that grants and corporate sponsorship can affect
your independence and they are often cut without
warning. |
Fundraising
Checklist
- Check out the
law before you start fundraising. Make sure you have the necessary
permits for raffles, street collections etc.
- To offer tax deductibility
for donations, you must be registered as a non profit organisation.
- Recognise risk.
Public activities or events have a measure of risk. Examine your insurance
need to provide safety and cover any legal costs. Ask the police for
advice.
Some
Guidelines To Get You Started
- Identify
why you want to raise funds. Be as specific
as possible.
- Set
a reasonable target for your fundraising
activity.
- Identify
appropriate fundraising strategies to reach
your target.
- Ensure
you have available resources to run the
activity and plan well ahead, particularly if
relying on volunteers to help.
- Often
you will have to pay for fundraising
activities well before any income is
received, so budget carefully with this in
mind. Don't rely totally on funding from one
area, because this increases risk.
Foundation/Government
Grants
Many foundation and government
grants specify criteria for funding requests. Investigate this before
submitting an application, as your application will be rejected if it
doesn't meet the criteria laid down by a foundation.
Are
Ethics Important?
Are there
people or organisations that may compromise your
independence or integrity if you were to receive
money from them? For example chemical, tobacco or oil
industries. If so, you may wish to exclude them from
your fundraising activity.
Top 5
Do's And Dont's
Do
- Include
your phone number, web address or a coupon if
possible on all your communications.
- Collect
the name, address, phone number and web
address of your donors. You're never too
small to start a database of those who give.
- Keep
in regular contact with your
donors/supporters... people give to
organisations they have a relationship with.
- Negotiate
to get goods in kind or at a reduced cost to
assist you in running fundraising activities
cheaply.
- Communicate
clearly, passionately and with urgency about
your organisation.
Don't
- Create
expectations you can't fulfil.
- Exaggerate
about your activities.
- Be
vague about why you're fundraising.
- Launch
into a fundraising activity without planning
and budgeting.
- Raise
money for a specific project and then spend
it on something else without first informing
your donors.
Cyber
Fundraising
If you
have a website, give people the opportunity to donate
online. Make sure you investigate a secure website,
to give people peace of mind when handing over their
credit/bank details.
Have a
look at some charity fundraising websites before
developing your own.
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