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Getting Money for Nonprofits

admin September 6, 2013
Many non-profit organizations have been faced with the decision of whether or not they should participate in fundraising efforts. With the costs of operating the organization, many organizations no longer have the choice of whether or not to participate in these efforts. If the organization has any chance of surviving, fundraising will play a key part in its success. Luckily, fundraising is not as difficult as many people have perceived it to be. As with any fundraising task, there will have to be a lot of work put into the initiative. However, there are lots of ideas that people can use to help raise money for their nonprofit organization.
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Offer Incentives
If people believe they have a chance to get something in return for their money, they are more likely to donate to the nonprofit organization. For example, many fundraising efforts have involved people having the opportunity to win a house if they simply purchase a ticket. Whether the ticket costs $1.00 or $100.00, people will be willing to purchase it if they believe they will win a prize home or one of several prize homes.Apply for Grants
Many people do not realize that there is a lot of free money available for nonprofit organizations. By applying for grants, organizations will have the opportunity to raise money, but they will not have to deal with the hassle of applying for bank loans. The only drawback to applying for grants is the fact that the paper work can be extremely tedious. Furthermore, some grants require that the organization performs certain tasks for a set number of years.Ask for Personal Donations
Many organizations forget that one of the easiest ways to raise funds is to simply ask for donations. These organizations are under the impression that people are not willing to give money from their personal funds. However, every penny that the organization receives will be one less penny that it will need in the future. By going to different homes and telling the homeowners about the organization’s purpose, the homeowners can determine if they are interested in donating money. Furthermore, organizations should always remind donors that they do not have to always donate money. Donations of other goods and services will also be extremely helpful to the organization.Require a Fee
Finally, if the nonprofit organization performs some type of service, the organization can charge a fee. The fee does not have to be extremely expensive, but it can be enough to cover certain expenses associated with the service.Raising money for a nonprofit organization is a fairly simple process. If every member of the organization is willing to work hard, the organization will have no problems in raising the money that it desires.

This advice comes courtesy of Surf Lifesaving Lotteries, proudly supporting Australian Surf Lifesavers for decades.

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