Specifically for a non-profit organization, fundraising is a generally embraced concept that is believed to a cost-effective and, if carried out appropriately, a quick route to generating revenue to cater to the objectives and mission at hand.
Hence, there are lots of benefits attached to successful fundraising. And you may want to weigh the advantages against your conceived constraints which will eventually be crucial for decision making as to if you would be motivated to consider fundraising at a particular period.
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Explained below, are some of the advantages of fundraising that may make you see it in a new light.
Many opportunities are easy to understand
For people to donate money, they needed to feel among and have a sense of connection to the program and services of the organization.
And fortunately, as the fundraiser presents opportunities to prospective donors to get them motivated, the donors wouldn’t have a problem understanding these opportunities and go ahead to donate.
Fundraising can create a sense of community
Fundraising is capable of creating a sense of responsibility in the emotion of donors.
When fundraisers see the impacts of their contributions on the beneficiaries, and especially as the fundraiser shows them the success stories of impacts they have had in the life of their beneficiaries, the donor would like to take pride and feel that they have created a legacy that a whole organization of people would be remembering them for.
They can be easy to organize.
Specifically, for product fundraisers, the selling of products can be quite fast. Though preparation time is involved here, once the products are available, the sale of the products is never a challenge, and money is generated from there.
Many opportunities offer high levels of profit
Many of the fundraisers, in the product fundraising, for example, do remit %100 of the funds being raised.
And even in the so-called crowdfunding, many fundraisers would only remove a fee of 3–9% from the total money raised, and this means that a higher amount is going to the people or the beneficiaries who are the publicly known basis for running the fundraising. Hence, the donors can still feel content, as they would see their impacts manifesting in the lives of the beneficiaries.
Fundraising can happen at any time of the year
With the availability of the internet and the opportunity to access distant places remotely, fundraising can be started at any time. And so, contributors can be hunted for and when they would be available can be made known.
In Conclusion
In this article you must have discovered at least 5 advantages of fundraising.
Now, make use of the comment section to share your experience on fundraising with us. You can also share your suggestions and concerns too.
With that said;
Don’t forget to use your mask wherever you are. Keep safe, you rock!
