5 Things You Need To Create A Successful Fundraising Event

5 Things You Need To Create A Successful Fundraising Event

In holding a fundraising event, it is important for the guests to have a memorable and enjoyable experience. Not everyone can organise an unforgettable event. This is why months of preparation is needed to ensure that there is enough support from donors, volunteers and staff. There are five things you need to make the fundraising event a huge success: 

1. Budget

Drafting a budget is the first step to organising a fundraising event. It gives you a clear perspective about the amount of cash needed for the entire duration of the event. It will also provide an estimate of the potential funds expected to be collected. It is also important to have a realistic attitude to avoid disappointment once the event is over. Along with drafting a budget, setting timelines will also be imperative. You may also want to consider some chances of cash sponsorship as it is considered to be an important contribution to a fundraising event. 

2. Plan

Now that you have analysed your budget, you need a plan to know how you are going to organise the event. A fundraising event is not something you just think of doing without carefully planning for it. You need to research or even curate ideas as these will serve as your guidelines. You will need to prepare your mood boards, contact lists and even deadlines to make sure that your goals are met within the agreed period. 

3. Venue

Location is also another factor to be taken into consideration when organising a fundraising event. You cannot just pick a location without doing a thorough research. The location must have a significant impact on the attendance and should create a welcoming atmosphere. It is also essential that the location is accessible to your audience. The venue must also be checked what else it can offer when it comes to special promotions and discounts. Even when selecting a venue, the budget must be reviewed. 

4. Sponsorship

You may not have enough cash to organising a fundraising event on your own. With that said you need some helpful contribution from your sponsors. Keep in mind that you will be spending money on printing, beverage sponsors and audio-visual. Choosing event partners must be done in a strategic manner. 

5. Resources

Part of organising a fundraising event is making sure that you are spending your money wisely. This is where assessing your available resources comes into play. Before you make any final decisions, research and budget so you will know how much you are going to spend. You may also outsource experts if you want to be cost-efficient and effective.

Melissa Anderson

Written by : Melissa Anderson

Melissa first started fundraising when her daughters' pre-school needed some sun shades. Since then, she's gone on to become somewhat of  fundraising ideas expert, as well as a super-Mum. Melissa loves sharing ideas about how to raise funds, and welcomes your questions on this blog.

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