It may not always feel like it, but it’s entirely possible to run a killer fundraiser that aligns with your values. In a way, running a fundraiser that aligns with your values is essential. Whether you need to raise funds for an upcoming business venture, or if you want to raise funds for a cause you believe in, a fundraiser can offer rewarding results. Fundraisers represent the twofold opportunities of raising money (obviously) and at the same time, you can raise awareness of your cause and values.
You might be a nonprofit organization that relies on fundraising for part of your income. Or, you might be a for-profit organization that wants to raise money for a cause you believe in. Whatever reason you want to run a fundraiser, you need your fundraising to be profitable. So, what are the most profitable fundraisers?
You want to know the most profitable fundraisers for schools, sports teams, and business philanthropy? Start out in the right place. There are plenty of good ideas, and we’ve got a few thoughts.
Depending on your goals, the most successful fundraisers are easy, profitable fundraisers. You probably want ideas that won’t force you to become experts in fundraising.
Let’s get you started in the right place. And not only started, we’re here to support you the whole way.
What Are The Most Profitable Fundraisers?
Ideas for the Most Profitable Fundraisers
Profitable fundraisers require a balance of good management and an attainable level of ambition. You have to be ambitious. With good preparation and management, you’ll be shocked how well your fundraiser can do. At the same time, you need to be conscious of your goals and the realities of the resources at your disposal. (GetFullyFunded)
Make smart decisions based on your resources as well as the goals of your fundraiser. Maximizing the profits from your fundraising will come from smart management choices. The most profitable fundraising strategy is figuring out how to streamline your work.
Consider some of these fundraising ideas.
Online Product Fundraising
One of the best ways to raise money is to implement an online fundraiser. Instead of sending a catalog around the office, or going door-to-door, you can use an online fundraising platform to raise money. Simply choose the products you want to sell and blast them around the internet. Share with friends, colleagues, acquaintances, and more. And then they’ll share with their friends and so on. Many organizations have seen their fundraising profit grow tremendously when they switched to online fundraising.
Formal Events
Putting on a formal event once a year can raise a lot of money. The caveat is that they can cost quite a bit to implement and they rely heavily on donations. Many formal fundraising events will ask attendees to spend money on a ticket and that means you need to secure entertainment, and provide hors d’oeuvres and drinks at the very minimum. You also need to put together a guest list. Typically live auctions and raffles bring in additional money. From gift baskets to tickets to the theatre donated by businesses, to checks written at the event, the money raised may make up for the hard work and cost that goes into the preparation.
Fitness Challenge – Marathon, Walkathon, Work-out-athon
Organizing a sponsored fitness challenge can turn into one of the most profitable fundraising efforts out there. Because the funding is based on financial sponsorship of people volunteering their physical activity, initial costs are fairly low (Hollows). The upper limit on the profitability of this fundraising idea depends on management, advertising, and sources of sponsorship. This fundraising idea has the bonus effect of raising awareness of the fundraiser, as well as creating a sense of community among the people getting involved. A fitness challenge can be an opportunity for friendly competition. Or it can be a chance for a community to share in achieving the same goal. It does, however, typically require advertising funds to get people registered and you’ll need to find a good location with the proper permits.
Host a Battle of the Bands
There might not be a more fun fundraising idea. If you have the facility and you know some people in your local music scene, a Battle of the Bands could be a great way to raise money for the causes you care about or to fund your project. Charge ticket prices, and advertise heavily. Make sure to pay your musicians too, though (Bonfire). This is one of the cooler fundraising ideas around. It’ll say something about your investment in your community, and you can support some local artists too.
farmRaiser For Fundraising
There are a lot of fundraising options out there. You’ll be able to find any number of options to match your goals and resources. (DoubletheDonation) But when you want to keep the work minimal, online fundraising may be your best option.
farmRaiser is a fundraising platform that also invests in the community. It provides sustainable product fundraising where your donors can support you through buying local artisan foods, seeds from nurseries, pet products, and more.
Through farmRaiser, you get to work with local businesses. Then, your supporters can browse through products of your choosing online to purchase them. It couldn’t be easier.
If that sounds like the way you’d like to run your next fundraising event, get in touch. It may be one of your most profitable fundraisers yet.
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Types of Fundraising Strategies
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