Non profit fundraising is the process of soliciting and collecting funds for a cause. This is done by non profit organizations who advocate causes which are mostly concerns shared by the general public.You can hold events and programs which work towards achieving your non profit fundraising goals. These events range in their nature, the cause they have, the target market, and other more factors. However, there may only be two basic types of non profit fundraising. The following are these two types:
Non-profit fundraising is defined as the raising of funds aimed to develop a helpful cause. This method is done by non-profit organizations to aid a particular sector of society. The scope of activities borne out of non-profit fundraising is vast. It varies greatly depending on the nature of a non-profit organization and the type of aid that it aims to provide. For instance, an organization that is tasked to help street kids can raise funds to build child welfare centers, while an animal rights institution can build reservations to preserve endangered species.
Despite of the varying activities of non-profit organizations, there are only two main types of non-profit fundraising: Capital Campaign – This type of fundraising encourages people to solicit funds for the construction of structures and to pave the way for scientific discoveries. Being the more popular type of fundraising, a lot of charitable institutions use the capital campaign method to create housing projects, reservations, and to fund doctors so that they can find the cure for certain diseases.
Corporations- Corporations usually support special fundraising events that you may hold. This means that their support may be occasional. This is because most corporations, especially the new ones, offer donations for publicity. However, others may do this to gain respect and/or market share. A number of corporations believe that making donations can help make their business more prosperous. Individuals – Contrary to common belief, individuals contribute a big fraction in non profit fundraising events. They actually provide more than half of the share of the donations in most cases. That is why you must generate more leads to individuals who have the potential to contribute donations to your fund. Local and state governments – This source usually contribute to your fund if your programs pose benefits to their areas.
Giving money to a non-profit fundraising project is pretty easy since charitable institutions readily provide a number of donating options. Oftentimes, you will find coin banks or donation collectors in shopping centers and in some parks. You can also mail your donation to an institution or send non-profit money through a money transferring service. There are even non-profit organizations that let you give donations online through their website.