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Top 8 Fundraising Methods for a Nonprofit Organization

nonprofit-fundraising

No one said raising money for a nonprofit organization was easy but learning about the different methods of fundraising can make the challenge of raising money for your nonprofit a little easier. Keep in mind, that your organization doesn’t have to stick to just one method. Although we would warn against trying to use all the methods at once, for that is a recipe for trouble and can lead to events that are poorly planned and connections with donors that fall short. The best plan of action is for your nonprofit organization to carefully plan out multiple fundraising methods over multiple years, based on the nonprofit’s internal strengths. Here are the eight best nonprofit fundraising methods.


1. Attracting Individual Support and Donations

Typically, nonprofit organizations reach out to individual donors through direct mail appeals, newsletters, social networking, and special events.

2. Soliciting Gifts From Major Donors

The most common methods of attracting gifts from major donors include gala events, luxury auctions, planning special tours and trips.

3. Holding a Capital Campaign

This is typically a coordinated effort to raise a large sum of money for a particular project or goal.

4. Promoting Legacy Gifts or Planned Giving

Your nonprofit can encourage donors to leave gifts via their estate, typically through a will or trust by offering information (in publications, seminars, and personal meetings) about how these gifts will be put to meaningful purpose.

5. Raising Money From Business or Sales

This type of nonprofit fundraising can encompass anything from kids selling baked goods to museums having their own gift shop to organizations providing their own clients with job training.

6. Applying for Foundation Grants

The most valuable thing about grants is that they’re usually for a large sum of money– often for thousands of dollars. These grants allow a nonprofit organization to start working on a new project or hire more staff.

7. Applying for Government Grants

These grant amounts are typically very high, so high in fact that some nonprofits subsist almost entirely on government money.

8. Requesting Corporate Gifts

Local businesses often will contribute such goods as flowers, alcohol, food, jewelry, tickets for travel, services from a spa or salon, and so on. Businesses can also lend you needed equipment for an event, such as tablecloths and tableware.

To learn more about nonprofit fundraising methods, click here

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