Types and Sources of Non Profit Fundraising

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:

Planned Giving - This type of non profit fundraising gives donors the option to give a gift once they die. They may choose the said option or another which lets them offer a large gift while they still live.

Capital Campaign - This type of non profit fundraising lets you solicit funds for the construction of a building. It may also be for the purpose of acquiring or renovating a building. You may also use this type of non profit fundraising to let donors contribute to an endowment or a growing investment. Another purpose is to find donors who can contribute to a fund. One classic example of this fund is a fund for the research of treatments for certain diseases. A capital campaign is usually a long-running non profit fundraising campaign because the funds needed are usually huge.

When organizing and implementing your non profit fundraising programs, you must devote time to research about possible sources of your funds. This greatly affects the success of your non profit fundraising events. That is why you must know theÂbasics of these non profit fundraising sources. Here is a list of various sources for your non profit fundraising:

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.

Federated funds - This source may only be available to you if you have an established non profit organization. They usually give huge amounts of money.

Foundations - Foundations may contribute to your fund in various ways. This is because foundations have several kinds and each kind has its own way of contributing funds. The most common way may be in the form of financial endowment.

Whatever kind of non profit fundraising you plan to launch, always take all these sources into consideration. After all, you never know where you will get the next biggest percentage for your fund.

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