How to Start a Fundraiser for a Nonprofit
Planning and implementing a fundraiser is a vital component of operating a successful nonprofit organization. Nonprofits depend on fundraisers to bring in the money needed to continue operating and fulfilling their missions. Most funds received from nonprofits are from individual donors garnered through donations and fundraising activities. Starting a fundraiser for a nonprofit requires careful planning and a team commitment. Whether you are starting a small or large fundraiser, a successful fundraiser will connect you with individuals that support your nonprofit and believe in your mission and vision.
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Instructions
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Gather your planning committee to formulate a viable fundraising plan. Discuss with your committee your current fundraising budget, the type of fundraiser you would like to have and the capacity of your organization to implement fundraising activities. Common nonprofit fundraisers include entertainment events, car washes, walk-a-thons, sales and auctions.
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Create a time line for your fundraiser. Successful fundraisers have time tables that are used to implement fundraising strategies. A time line will ensure that your fundraiser is on schedule.
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Create an organizational chart and list of contacts for your fundraiser. The organizational chart will show the structure of your nonprofit and list the relationship and ranks of each fundraiser position. The contact list will provide all pertinent contact information of individuals associated with the fundraisers to ensure that open lines of communication are present at all times.
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Create job descriptions and assignments for volunteers. Each major position for fundraiser activities should have an adequate job description so individuals are clear on their roles. Assignments will ensure that your fundraising activities are effectively carried out and no steps are missed.
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Set up a marketing plan to inform the community and media of your future fundraisers. Websites, press kits and word of mouth are all successful marketing strategies to promote your fundraiser. Media outlets to inform include radio and television stations that are aligned with the purpose of your nonprofit, news outlets and other nonprofit organizations.
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Book all necessary venues for your fundraising activities. Ensure that all dates and times are confirmed with venues and merchants.
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Meet with your fundraising committee right before the planned fundraiser is to start. This final meeting is to ensure that everyone knows his roles and the goals of the fundraiser. This meeting is the time to make any last-minute changes to your planned fundraiser event.
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Tips & Warnings
Ensure that communication is flowing between the members of your fundraising committee at all times.
It is beneficial to your nonprofit to find sponsors for your fundraiser events.
The IRS requires nonprofits to report all money received through fundraisers. The IRS will assess penalties for nonprofits that fail to report fundraising revenue.
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Resources
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