3 Unique Ways to Raise Charitable Funds
For both businesses and individuals, it can be immensely satisfying to raise sums of money for a good cause or a charity. There are a vast range of charities worldwide which take meaningful actions to improve the lives of others. This can take the form of helping vulnerable sections of society or by undertaking grass roots initiatives that help to improve local communities or reduce the impacts of poverty.
If you have a charity or good cause that you identify with, you may wish to undertake your own initiatives to raise money for them. However, it can be difficult to know what type of fundraising event to hold and what steps are needed to make the event a success.
Thankfully, this article will help in this matter, as it describes three different ways to raise charitable funds. These should provide inspiration and help you to raise as much money as possible for your worthy cause.
Host a fundraising event
Hosting a fundraising event is an excellent way to raise money for a charity and there are a wide range of ways to achieve this. For smaller-scale individual fundraising you could consider holding a garage sale from your home or a table top sale in a public location. These types of fundraising events can be organized quickly and easily, and may involve selling household items or unwanted toys and clothes to the general public. You can get a greater number of visitors to this type of event by placing an advert in your local paper, putting up posters on local community noticeboards, or asking community groups to publicise the event.
If you enjoy taking part in athletics you may consider doing a sponsored run or bike ride. Ask friends and neighbors to sponsor you a set amount for every mile that you complete, or simply give a single donation.
Build a charity wall
A unique and inspiring way to raise money for a good cause is to construct a charity wall. This is where members of the public or businesses donate money to buy engraved bricks that are inscribed with a personal message or the company business logo. The charity receives money for each brick that is inscribed, and the donor has a timeless physical memento of their work to support the charity.
Charity walls are often used when funds are required to construct new buildings (for example, for community use or in public spaces) or as part of renovations to an existing structure. In short, this is a perfect way to raise charitable funds on a larger scale than local fundraising sales or by taking part in a sporting event.
Match donations as a business
As a brief final example, another key way to raise significant funds for charities and good causes from a business perspective is to match donations made by the public. For example, if an individual donates $5 for a charitable fund, the company will then contribute the same amount. However, it is important to recognize that this may result in a large financial outlay for the business, especially if the public get behind the cause and there is a high volume of donations.
In some circumstances these types of fundraising events may be time-limited so there can be a more accurate estimation of the matched funds that need to be contributed.
