What Is a Good Way to Raise Money for Charity?

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What Is a Good Way to Raise Money for Charity?
A smart strategy can raise plenty of money for a charity. (money image by Anatoliy Zavodskov from Fotolia.com)

Working for a charity can be a rewarding experience, especially if you welcome the challenge of fundraising. Some organisers may search for new ideas, but there are plenty of tried-and-true methods that can be successful. If executed well, events will generate funds and help the organisation reach its goals.

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Get the Word Out

The top priority for any charity looking to raise money is get as much information about the organisation out to potential donors. If a person doesn't know who you are, what you stand for, who you are going to help and why you need his money, then there's a good chance you won't raise much money. Communicate with donors through e-mail or handing out pamphlets.

Go Door-to-Door

Solicit donations by going door to door in neighbourhoods. Recruit a large number of volunteers to visit as many homes as possible. Provide training so volunteers understand and can communicate the mission of the charity. With strong coordination and planning, organisers can generate funds from many sympathetic donors.

Raffle

A donor who may not be able to give money can provide items that can help you raise money. For example, a local shoe store may donate a pair of high-quality running shoes that a charity can raffle off. Solicit products from community businesses and raise money by selling tickets for the raffle.

Dinner and Dance Event

A high-end gala event offers the opportunity to attract donors who can afford to give larger donations. Sell admission tickets and hold a silent auction featuring donated items on which attendees can bid. Proceeds from the event would go to the charity.

Other Events

Sponsor a run or walk event with participants helping to raise money for the charity. Hold the event at a local park. Or organise a charity tournament at a local golf course, which may offer discount rates. Seek other sponsors for the walk/run or golf tournament to help offset costs and raise additional money.

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