How to Raise Money Within a Nonprofit Organization

By Camille Platt

All kinds of people can help raise money for a nonprofit. All kinds of people can help raise money for a nonprofit.

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Nonprofit organizations often run on a small budget with an even smaller staff. While some funding comes from grants and solicited donations, you can substantially offset your budget with contributions from both employees and members--if you know how to get them on board. Read on to learn how to raise money within a nonprofit organization.

Instructions

Difficulty: Moderately Easy

Step1
Be open about your budget. If people know where the money goes, they will realize how effective even a small donation can be.
Step2
Put out a newsletter. Keep everyone internally involved in the organization up to date on the latest decisions, donations and events so they feel more personally and emotionally tied to your cause.
Step3
Apply for a matching grant. When $100 will automatically become $200, some people will be more likely to participate.
Step4
Don’t be afraid to ask. Some of your members or employees may simply have never considered donating financially because they already donate their time. Offer the option to enroll for small monthly pledges, bringing in a steady stream of income year-round.
Step5
Send out invoices. As pushy as it may seem, once someone makes a pledge to donate a specific dollar amount, send an invoice to collect the balance due.

Comments

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Desula said

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on 5/25/2008 Excellent tips. Thanks for sharing. Check out my article on how to Give Generously Without Breaking the Bank. These rules could be applied to a community organization and there could be great help.

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on 3/17/2008 I've done this. Good info.

bev1810 said

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on 3/17/2008 Awesome! Thanks for the info.

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eHow Article:  How to Raise Money Within a Nonprofit Organization

eHow Member: Camille Platt

Camille Platt

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Category: Careers & Work

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