There are plenty of options available to give your efforts a boost.
Sponsorships are a great option for your nonprofit fundraising because they require no financial investment on your part. All you need to do is locate the sponsors – which, of course, can be tricky sometimes. The key to success here is to look beyond the obvious when searching for those sponsors.
Knocking on doors can get tiring, so it makes more sense to start with your own network, reaching out to members on your board, employees and business that have supported you in the past. If they can’t sponsor the fundraising, maybe they have connections they can refer you to. Another great tip? Look for media sponsorships. A mention in your local radio station or newspaper can do wonders for getting the word out about the fundraising event.
#2. Raffles and Competitions
Raffles and competitions have always been the heart of fundraising events, which often means people are tired of them. To give your raffle a new life, think out of the box. Instead of giving out small prizes that cost little but don’t generate a lot of interest, go with tickets to local events or a gift certificate to a local shop or company. You can also try services raffles, where winners get services such as carpet cleaning, massages or even tax preparation for free.
Or go with the easiest option ever: the 50/50 raffle. With this option, you simply sell tickets and collect money, and then split the pot 50/50 with the winner.
One thing to keep in mind: North Carolina laws limit fundraising raffles to two per year. If you’re planning on doing more than that, you might need to apply for a special permit or license.
#3. Garage sales
If money is tight or you have trouble getting sponsors, one alternative is to host a garage sale for 100 % fundraising profits. For this to be successful, however, you need two things. First, you’ll need a large space (such as a school gym or a church’s meeting room) where you can set up booths and organize the items available for sale. Second, you need people willing to donate items for sale.
When it comes to the sale itself, don’t stick to books and used clothing only. Things like second-hand furniture, appliances and electronics, toys (especially nice battery-operated toys) and even holiday-themed items are all great sellers.
#4. Bake Sales
Bake sales are the original fundraising event, and with good reason: who can say no to sweets? While selling cakes and cupcakes is just as profitable as ever, you can increase your chances of success by expanding your offerings. Mini apple pies, popcorn balls, doughnuts and muffins, banana bread, trail mix and even chocolate-dipped strawberries are all great additions to a nonprofit fundraising.
#5. Discount Deals
Discount deals are a great way to introduce sponsors to a new local business. Plus, because the businesses are still earning money with this option, you might be able to bring onboard companies that would otherwise not be interested in participating. The hCard is one way to organize discount deals into one attractive package.
With the hCard, users have access to several discount deals with the purchase of a single card. For example, they might get buy-one/get-one free deals, a 10-20 percent discount to a local store or a special gift with purchase. Even better, companies working with the hCard can include a variety of restaurants, hotels, car rentals and even pet insurance.
Donations are another 100% fundraising option, because they require no investment on your part.
Asking for monetary donations might be the most convenient way to fundraise your nonprofit, but you can make it even easier by setting up some rules in advance. For example, rather than letting the donor decide how much to donate, create “donation levels.” This avoids uncomfortable situations, where donors don’t know how much to give. You can simply print out tickets for fixed amounts, such as $10, $50, $100 – and then let the donor “purchase” the ticket he prefers.
Keep in mind that this is a direct donation, not a raffle or contest, so the tickets are only meant as a way to keep track of things.