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Fundraising Tips

Fundraising Tips that Pay Off

Fundraising has never been easy.  Even when you’re backing the very best charitable causes, it can be hard to get someone to pony up their cash.  Even when you’re using the best possible resources or selling the best products as part of a fundraiser, you’re going to encounter resistance.  It’s always been that way.

That’s made it challenging to raise funds even when the economy as doing well.  Imagine what it’s like today as unemployment and foreclosure dominate the financial landscape.  If you thought fundraising was tough ten years ago, you can imagine how difficult it is today.

That’s why no one should go into fundraising without a smart plan.  Here are a few fundraising tips that really pay off.  Following these recommendations will help you to meet your charity’s or organization’s financial goals.

Know your audience.  Fundraising is a lot like any other kind of marketing.  You really need to know about your target audience to create and implement a plan that will be as effective as possible.  Think about the people you’ll be approaching for donations and consider what they really need to know, hear or see about your organization.  Give it to them.  Your success will, in large measure, depend on your ability to effectively target your audience.  Of all the fundraising tips out there, this is probably the most important.

Know your help.  You also need to consider the abilities, commitment, skills and availability of your fellow fundraisers.  You want to choose a fundraising plan that will work well with the abilities of your people.  You need to put everyone who’ll be involved with the process in a position to succeed.  That means taking more than a few moments to get to know your fellow fundraisers and what they’re all about.

Understand the math.  Do you know how much money you’re going to need to raise?  Do you know how many people you can approach for donations?  Do you know how long it will take?  Do you know how much time you actually have to implement your fundraising plan?  Do you know--well, you get the idea.  The fact of the matter is that you need to sit down with potential plans and screen them on the basis of financial viability and time constraints.  That requires understanding “the math” that’s underlying your fundraising.

If you develop an understanding of your audience, your help and the math surrounding your project, you can accomplish your fundraising goals.  These fundraising tips are tried and trued parts of many success stories.  Ignore them at your peril!

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