Fundraising Online: Getting The Best Bang for Your Buck

August 14, 2008 08:12 by dmacdonald

Whether you are a well-known non-profit or a highly regarded ivy-league college, fundraising is a dubious task. Simply tapping into a focused, well affluent rolodex or connecting via the university’s alumni simply is not enough. With economic barriers commonplace, asking and getting monies for your organization is going to be tough, if not down-right impossible. 

Here are a few quick ideas that may work – offering less barriers, longer shelf-life and definitely measurement for future initiatives. 

You’re Not Alone – Joint Fundraising:   

Joint fundraising can offer many advantages. From more comprehensive, coordinated efforts to increasing organizational credibility, joint fundraising can give funders ‘more bang for the buck’ offering double the value in leads, monies captured and visibility. Joint fundraising should include both online initiatives and event fundraising. 

Reach a Broader Audience – Online Fundraising Auctions: 

With the help of the Internet, online auctions break the barriers of time and geography and allow organizations to reach a broader audience and increase their fundraising potential. Online auctions offer a more reputable and quantifiable value to donors and sponsors. They also dramatically expand the marketing reach for organizations as a whole, creating a greater awareness of the cause and a greater fundraising capability. 

Use Name Recognition – Online Mall: 

The great thing about creating an online mall is that shoppers are actually shopping directly at the site owned by the store of their choice so they know their experience is safe and secure. Big name brands like Target and Nike have fundraising programs that are quite lucrative and offer visitors numerous choices. The online mall can work independently or in unison with other fundraising initiatives. 

Lastly, fundraising requires a well branded web presence – here are a few great examples: 

Before starting your fundraising initiative, consider the following valuable resource: 

Best,

Denice MacDonald


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