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Successful Fundraising

Successful Fundraising

Step 1:HAVE A PLANNING MEETING.
  • Discuss the activities your group is planning for the upcoming year.
  • Estimate costs of these activities and compare to current funds available to determine how much additional money needs to be raised.
  • Develop an event calendar, including all of your deadlines; then determine the best time to have a fundraising event.
  • Appoint a fundraising committee or coordinator.
Step 2:DEVELOP A FUNDRAISING PLAN.
Choose the right fundraiser for your organization by taking into account:
  • the number of members in your group
  • members' interests and skills
  • members' enthusiasm for the event
  • members' time commitments
  • creative ideas - have a brainstorming session
  • other fundraising ideas already occurring
  • the time of year best for your activity
  • any costs for the fundraiser (advertising, rooms, etc.)
  • rules/regulations, including state/local laws, regarding fundraising
Step 3:PLAN THE EVENT
  • Choose an appropriate date based on the kind of fundraiser you plan to have. Take into consideration weather, academic calendar, etc.
  • Reserve your room or location well in advance of date.
  • Plan your publicity campaign.
  • Form committees and delegate tasks.
  • Watch your expenses - you don't want to lose money on a fundraiser.
Step 4:THE EVENT
  • Have FUN with it!
Step 5:EVALUATE THE EVENT:
  • Go through all receipts and deposit money immediately.
  • Pay any bills accrued.
  • Thank all members and sponsors who contributed to the event.
  • Discuss the logistics of the event:
    • Was it successful?
    • What could have been done differently?
    • What are your recommendations for the next event?
    • Could this be an on-going or annual event?
  • Begin to plan for next year!