Tuesday, March 5, 2013

Are There New Fundraisings Ideas?

Everyday we hear about another auction, event luncheon, or social event dinner. Many people have attended countless golf tournaments and house parties. Those of you that work with schools have probably had more than your fair share of chocolate bars and bake sale treats. How many pancake breakfasts have you done for your church?

Perhaps the question should be, Do you need a new idea to effectively raise funds for your fundraising group?

There are literally hundreds and hundreds of events and ways to raise funds for your organization.  The most important thing to do is to pick one and then “Just Do It.”

In fact you may want to choose several different ideas and then do each one to see what works best for your group. 

Ensuring that your event is fun, profitable, and not overly taxing on your group is no easy task. Always approach your events with the same methodology used for capital campaigns or strategic planning: with ample time, (and most importantly) realistic goals, and a clear sense of the desired outcome. Anyone who has planned an event knows they are like home renovations, they seem to cost twice as much and take twice as long as you expect.

Many small nonprofits fall into the trap of poor budgeting, investing time and money, only to break even or incur a loss at the end of an event. Keep to a budget that is realistic, detailed, and carefully managed. Budget control is one of the best tools in your toolbox.

Envision all aspects of your event, account for every component that has a cost associated with it, and think through how you're going to raise money and what's realistic. Identify items and services you need to get donated, but be very conservative with your in-kind donation estimates.

When considering the amount of income from an event try cutting your expectations in half and then look at that in comparison to your expenses and see what you would change if that were to happen.

If you are looking for an easier, quicker and year-round fundraising method?  Try the proven Sunset Coupons Sales  - for more details please visit our web site at http://sunsetcoupons.com

Presented By:
Sunset Coupons, LLC
Phoenix AZ
800-627-6340
http://sunsetcoupons.com

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