Author: MJT
Dos and Don’ts of Planning a Fund Raising Event
When planning a fund raising event, some uncontrollable
factors may ruin the entire program. For this reason, it is important to list
all tasks that need to be done. These include simple tasks as posting flyers to
making sure of room reservations, contacting popular speakers and organizing
entertainment.
Since there are dozens of tasks to be completed in a short
period, make sure you ask for volunteers and divide the tasks within the group.
One person can complete some responsibilities, while other tasks need several
people to fulfill. Make sure that tasks are equally divided to ensure each
important job can be finished within your given deadline.
It is important to foresee possible disasters during your fund
raising event. These disruptions may include lack of food, bad weather
conditions, delayed flights of guest speakers and other things that could delay
or postpone your event. Make sure to list anticipated events and measures that
can prevent or resolve each disaster.
Budget Planning and your Fund Raising Event
Before organizing the actual event, make sure to create a
budget for your fund raising event and stick to the budget. To do this, you
should list all expenses and obtain estimates of each expense. During this
process, you can also determine if you can prevent buying some items that can
also be donated. Total all your expenses and subtract donations, the remaining
funds will be your budget.
Fund raising events that require high investments include
concerts, marathons, calendar sale, Christmas tree bazaar and other sale items
that only go for a short period. Avoid
these kinds of events if you have limited time, budget and manpower.
When planning your budget, decide on how you can raise your
funds by considering factors such as amount of investment and potential risks.
Fund raising events that require little investments with high profits include
bake sale, auctions, car wash, flea markets and other low-risk programs.
You also need to allot for your volunteers’ food, rentals
for the venue, microphones and other equipments used during the event. In
addition, remember to prepare small items to give away for donors as thank-you
gifts. Even a dollar worth of keychain make your donors feel appreciated.
Depending on your goals and ideas, your fund raising event
can range to simple and fun raffles to extensive preparation of a public
concert, from traditional benefit meals to modern dance-a-thons. Regardless of
what type of event you choose for raising funds, make sure that you enjoy doing
it, profit without investing plenty of money and give an enjoyable experience
to your donors, performers and all participants of the event.
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