Skip to main content

How to Get Fundraising Ideas 2

This post is about yet another way to generate fundraising ideas. New ways to attract donors, get contributions, get bigger contributions, and secure donations of goods and services are always in demand. Or at least this is my thesis here!

One way to get ideas is to think of the elements of a challenge and how those elements could be combined in novel ways. If you look at the many elements of fundraising and how those elements could be combined then you might get a great new idea. Exactly the same philosophy could be applied to any area of nonprofit management.

What parameters are there in fundraising? This should be a review, so I’ll list some parameters below, the list variations on each parameter. Think of this list as a summary of what you need to have and what you need to do.

Audience – voters, previous donors, your mailing list, business owners, Web site visitors.
Purpose – legacy gift, monthly gift, donated goods, donated services, one-time gifts.
Objective – operating funds, program start-up, program support, project funding.
Approach – live Web event, Web project, live (for real!) event, print mailing, email, radio.

Now, have a quick look at each short list and see what you can see. You will find the common strategy of writing a letter to your mailing list to ask for a one-time gift to help cover project costs. Other standard fundraising strategies should reveal themselves rather quickly.

Study those parameters and their variations again. Maybe you want to approach business owners for monthly gifts to cover a specific program using a live (for real!) event. That seed of an idea only took two minutes to find and record. Maybe you could use a Web project to get Web visitors to think about making a legacy gift to support the organization’s most popular program.

Knowing your particular needs and your organization’s social environment should help you see other possibilities.

You could also take a few minutes to copy that table. Later, as new elements occur to you those can be added. With not much effort, you can get a powerful fundraising idea tool.

Comments

Popular posts from this blog

Fundraising Ideas

Raising money is a perennial challenge for nonprofits. The Great Recession has made things tougher for some and nearly impossible for others. Your nonprofit may be working hard to deal with fundraising challenges. Traditional thinking about fundraising might lead to thinking like this - “We need to raise $600,000 more money third year. What do we need to do to make this happen?” A discussion of grant writers, fundraising consultants and mailing lists follows. There is nothing wrong with this approach. At least some of that discussion needs to happen. But, new thinking might also be needed. Lateral thinking may help you get better results. Lateral thinking is (from Wikipedia) “solving problems through an indirect and creative approach.” The point of lateral thinking is to move “sideways” to new ideas and different ways of thinking. The point of this little essay is to point out another way of approaching the subject of fundraising. Lateral thinking itself suggests a broader approach to ...

A Web Strategy That Works

I was reading a Chronicle of Philanthropy article about online strategies that work in a bad economy. The article presented four different strategies and a nonprofit that used it successfully. This post is about the strategy of using specialized Web sites. Put up a site just for a certain crisis, event, issue, project or program. The Chronicle details how Partners in Health did this for Haiti earthquake relief. Any issue, whether a crisis or not, whether global or local is a potential candidate for replicating the Partners in Health approach. Events of global and local significance are fine subjects for a site. You are probably already familiar with World AIDS Day or World Water Day. Those global events and many others are the subject of special Web sites and advertising campaigns both online and in print. Local events from the mundane, like the beginning of a new school year, to the momentous. A crisis is another good reason to put up a specialized Web site. The epic flooding in...

Using SWOT Analysis to Rev Up Your Fundraising

Strategic planning, including SWOT analysis, is for small nonprofits, giant philanthropic foundations, and every other nonprofit. Every nonprofit that seeks financial support of any kind needs a strategy.  The point is to make a plan and work the plan. Business gurus have shared a bunch of strategic planning tools, some generic and some made for a specific purpose. This post is about looking at your Strengths, Weaknesses, Opportunities, and Threats - SWOT.  Knowing about your organization's strengths, weaknesses, opportunities, and threats is step one in planning your fundraising efforts.  SWOT - A Quick Review This is not the best place to run through SWOT analysis, but an overview will make it obvious why we need to do it. First, however, you should write down your fundraising goal. Then, you can do some analysis. Here are the steps: Strengths - What about your financial resources? What about your reputation and your connections? How big is your audience on social medi...