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Your Online Guide » Startup Guide » Ideas for Fundraising

[F957]Fundraising For Non Profits
by Abbie Stutzer, Abb
At times, the agencies that should get the most help do not. Nonprofit organizations, such as the American Red Cross and the American Cancer Society, need funding to conduct important research that affect millions of people. So, it could be said that their bottom line is the one that really matters because it affects us all.

Although most businesses need to have fundraising events, these events are most crucial for nonprofit organizations. How can an organization raise money and awareness if it is not generating many funds to begin with? While nonprofit fundraising can be difficult, it can help the organization succeed and their cause gain awareness when done well.

One effective way for nonprofits to raise money is through partnering with a corporation to increase cause recognition. Cause-related marketing has been around for a while. Many charities and businesses have partnered together to achieve success. The difference between a mere partnership and a successful partnership, however, is quite different.

In the January 1, 2004, article ?Making the Business-Nonprofit Partnership a Win-Win? on AllBussiness.com, Marion E. Gold stated that ?the key is to create an environment in which the company's and charity's objectives are integrated to create a mutually beneficial result.?

Gold suggested that nonprofits present their partnership plan to businesses in a creative way to clearly explain why the partnership would benefit the community.

?The most successful nonprofits will position their causes as? brands or as products that their ?corporate partners want to buy,? Gold said.

Gold also said that both sides of the partnership must hold up their end of the agreement, monitor the partnerships results, make the best out of the resources available and ensure that both partners have something to give in the joint venture.

Another unique way to raise funds is to go to the Internet. While many charitable organizations already use the Internet to raise awareness, there may be avenues they have yet to explore, such as social networking, email lists and article RSS.

The May 24, 2006, blog post, ?Social Networking for Nonprofits? at Netsquared.org, suggested a few ways that nonprofits can use social networking sites, such as MySpace, Friendster and Facebook, to increase funding and exposure.

Nonprofits can create profiles for their organization with links to their official Web site, write blogs about issues the organization is concerned with and create groups that center on the issues the group works on.

Nonprofits can use the Internet for fundraising in other ways, as well. Starting email campaigns can easily, and economically, reach many potential supporters at once. The September 8, 2000, article ?A Primer for Online Fundraising for Nonprofit Organizations? by Michael Stein also suggested that nonprofits consider adding their organization to an online charity forum.

?Charity portals are Web sites that offer a directory of nonprofits, of which you'd be one of many. Their job is to attract lots of traffic to their site and encourage visitors to make contributions to the nonprofits listed. Often your listing is free, and the portal accepts secure credit card contributions on your behalf,? said Stein.

?Some charge a fee when you get a contribution, but usually there are no monthly charges. These portals make their money either from advertising on their site or through the fees they charge the nonprofit.?

Nonprofits come in all shapes and sizes. They can be large like the American Cancer Society or small, like your community's homeless shelter. Size and visibility should not hinder any charitable organization's ability to raise money. So start slow, build power and start implementing simple fundraising mechanisms to get your nonprofit off the ground today.

And all those money woes are not for lack of ideas and efforts. After all, fundraising ideas are as varied as they come - from candy bar sales to high-priced auctions. In fact, especially in challenging economic times, organizations are constantly looking for the "magic [fundraising] bullet." Regardless of the specific fundraising vehicle you may use, there are some principles that, if followed, can significantly increase your fundraising success.

1. Individual donors RULE.

Individuals are still the largest source of philanthropic giving in the U.S. In fact, individuals are responsible for over 82% of all contributions, according to Giving USA 2008.

What does that mean for you? Review your current individual donor database. Determine the demographics of your current donors - age, education level, income level, gender, etc. Then, create a plan to reach more of those donors with a message that connects with them.

2. Foundations and Corporations can provide a great source of non-profit grants and funding.

Corporate giving increased by 5.6% in 2007, according to a study by the Committee Encouraging Corporate Philanthropy. So, there's more money out there than at any other time in history.

The key is who to approach and how to approach them. Look for foundations and corporations that have already given to a cause or organization similar to yours - especially in your local community. And, when you approach them, make sure you clearly articulate the benefits for THEM.

3. Partnerships with Individuals, Corporations & other Non-Profits expand what is possible in fundraising.

Partnerships (also known as Joint Ventures) benefit all parties involved. In the past, non-profit organizations have generally approached fundraising with a myopic view. They acted as if they believed they should be the only ones to benefit. In fact, they may have actually believed that.

However, opportunities to raise funds increase when we become more inclusive and collaborative. For example, consider approaching another nonprofit organization in your community about co-hosting a fundraising event. Think of fundraising as a win-win proposition.

4. Online Giving Capabilities are a must!

As you likely know, one of the first credibility-builders today is your organization's website. And, whether people donate online or not, you look more credible if you are able to accept donations online. Plus, you can create specific email and online campaigns to increase online giving for virtually no additional cost once you have your infrastructure in place.

Some great resources for accepting online donations include and .

5. You must believe in your own success first.

Your mindset is key in achieving any fundraising goal. You must actually believe that you can raise the amount of money your organization needs. And, you must be fully committed to your cause.

Make sure you stay connected to the reason why you are raising the funds in the first place. Spend time with the clients you serve. That way, you will remain a true champion of your organization. And, your infectious enthusiasm will compel others to join you in supporting your cause.

Article Source : Ideas for Fundraising

About Author
Both Abbie Stutzer & Kristy J. Hall are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Abbie Stutzer has sinced written about articles on various topics from Types of Cancer, Marketing and Recruitment. Abbie Stutzer is a graduate student in the School of Journalism at the University of Kansas. She currently works in the marketing department at Absorbent, Ink. (
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