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How to develop a fundraising plan

by Admin

How to develop a fundraising plan

Fundraising for nonprofits has always been my favorite volunteer role. There are many creative and fun ways to raise money for a cause. Many nonprofits don’t have anyone to take charge of their programs, as is the case with many small or startup nonprofits. Fundraising is, many times, a group project. Everyone brings in what they can and any monies owed comes out of the board’s pocket.

How-to-develop-a-fundraising-plan-440

The first step to establishing an organized fundraising program is to put someone in charge of it. The second is to establish a budget and a projection of the next few years’ expenditures, keeping in mind there can be a huge variance in year-to-year expenditures.

So how do you get the bills paid? What if there is a special trip or event coming up that needs to be paid for? Here are some fundraising ideas for the startup or re-starting nonprofit:

  • A golf outing. This is a favorite because it does not require a lot of work from the committee. The golf club handles most of the details. Choose a private golf course that will generate interest. Add some high-end raffle prizes and you have an income generating day!
  • A gala event is always nice. This is a lot more work than the gold outing, but it can attract a high price per ticket
    Be sure to check for matching donations from your stakeholder’s workplaces. This can double your donation!
  • Donations of personal property that can be auctioned off
  • Bequeathments

How to develop a fundraising plan

Filed Under: nonprofit, philantrohopy

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