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Fundraising Tips

 

Fundraising Tips

 

Introduction to Fundraising

The most important rule of fundraising is that if you don't ask, you won't get anything. The main thing to ask yourself is: Who do you know? One of the best ways to do this is to actually sit down and list everyone you know (include relatives, neighbors, friends, friends’ parents, teachers, etc.) – you’ll be surprised by how many people are willing to help you fund your trip!  Here are some tips when asking for money:

 

Show the donor the immediate, tangible impact of their dollars: Explain how the donation will make a difference.

 

“Keep it Short and Simple (KISS)”: Even though you want to educate your donors about the type of work you will be doing, try not to overwhelm them with details and tell them too much. Many of your donors do not know about third world development; they are more interested in contributing to a good cause (poverty, environment, children, etc.). Keep your letters to one page.

 

Recognize your support network: Talk to people to investigate your potential funding sources. By the various reactions you receive, you can measure the degree of interest and support that your friends and family members have in your project.

 

Ask for a specific sum of money - When you say "contribution" some people think $10 while others think $1,000. Make it simple for them by telling how much you need. You’re more established professional friends or parents' friends can donate more than those who are still students or those who work in the nonprofit sector. Don't be reluctant to ask your established friends for $100, $200, or even $500.

 

Treat your prospective donor as a purchaser or investor - Tell potential donors what they are "buying." Tell them that a $100 contribution will cover your housing costs for what number of weeks, or that $100 will cover your transportation costs and allow you to travel to the place where you will work. Remember that by giving you money, your donors are basically investing in you.

 

Transmit a sense of urgency - They must act now! "People are struggling every day in Peru where I will volunteer." This makes it less likely for them to forget about giving you a donation.

 

Make giving you money convenient for donors - "If you don't have the money at this moment why don't you post-date a check?"  The more flexible you are, the more money you can make.  Get commitments rather than promises. Ask them to fill out a sponsorship form and then get back to them at a specified time. If they tell you "I'll send you the check when I get paid," it is likely you will never see that money.

 

Give incentives or premiums – Giving incentives in return can be beneficial to your fundraising cause. Most people that make donations often want recognition and praise for their contribution. Thus, you can organize a small open house before you leave to acknowledge and thank your donors in public. You can also write a thank you letter to include a printed list of your contributors' names. 

 

Offer an educational presentation – Promising to present your experiences or show slides when you return can be a great way to secure funding from organizations such as religious or civic groups, alumni associations and educational institutions. You could also promise to send all your supporters a "newsletter" from abroad. Tangible evidence and accomplishments of your actions allow people to “see" where their dollars have been used. Pictures of you in your respective country can be good reminders of how they have helped. Remember that most of the time the main motivation for giving is how it makes the giver feel and seeing your picture can remind them of how their contribution has made a difference. 

 

Expand your network - To increase the volume of your contributions you need to reach beyond your inner circle of friends and immediate family members. Remember that the more people you ask the more potential funding sources you have.

 

Don’t forget to follow up! – Call the small businesses, the civic and religious groups, even your friends and relatives, to let them know that you need their support or to remind them of your request. One follow up call can be the difference between getting a check or not. 

 

Fundraising Activities

 

Letter Writing
A letter writing campaign is one of the most effective ways of fundraising. Send letters to as many relatives, friends, former teachers and professors, former co-workers, etc. as possible. Let your friends and relatives know what the program is about and what you hope to accomplish.  Remember to ask for a specific amount of money in the letter. As a guideline you could ask for $50, but for more established relatives and friends $100 is not too much to ask; for peers and fellow students, perhaps $25 to $35. It is helpful to divide your potential supporters into two or more groups and send a customized letter to each group based on your relationship with them or the sum of money you are asking. Think that if you send out 100 letters asking for $50 on average, and one-half respond, you have raised $2,500! (See the sample letter below)

 

University Funds
For students, one major source of funding can be their own college or university. Some departments have discretionary funds for projects and programs. If you can integrate your trip into an academic or service learning course there may also be some course funds that you could use for the trip.  One of the best resources on campus may be your University's Education Abroad Program. The alumni office could also help by identifying possible alumni volunteers.

 

"Buy - A - Something" Campaign
Another idea to get donations is to tie it into a campaign such as "Buy - A - Brick to Help Build a School in Peru" or "Buy - A - Seed to Plant Trees in Kenya." Make sure you have some informative material to give people as well as a registration log to record names, addresses, and how many bricks a person has purchased. This is important in order for you to keep a record of who contributed in case you need to do it in a future time.  One key consideration in this type of fundraising campaign is to make your donation request appropriately affordable. Hence, you should set the price of the unit, in this case a brick, low enough that your friends, relatives or classmates would be willing to purchase one or two. For your acquaintances that may have more disposable income, you want to make sure that they know whether or not their donation to your cause is tax deductible. This is a very important legal issue. You need to make sure you check with both your school and the collaborating organizations. (See the following note)

(Adapted from: International Volunteer Programs Association. http://volunteerinternational.org/index-fund2.htm)

 

Note on contributions and tax deductions:

In order for your donor to receive a tax deduction for his/her contribution to you, make sure the checks are payable to Green Empowerment with your name written in the memo area.  You can ask them either to mail it directly to us, or to give the checks to you to collect them and send it to the Green Empowerment.  If you prefer the latter, please also send us a list with the donors’ names and addresses in order for us to acknowledge their contribution for tax purposes.

 

Sample Letter for Family and Friends

 

Dear ______________,

 

Hi! How are you? I hope all is well with you and your family. I’m writing to share with you some exciting news about my upcoming endeavors.

 

As you may know, I’m in my ___ year at ____________. I’m an intended/declared __________ major with a specific emphasis on ___________. Aside from my academic pursuits, I have continued my involvement with  ___[sports/arts/activities/interests]____. College life is busy, but remains ripe with excitement and possibility. To pursue my interest in development issues and travel, I’ve been accepted in a competitive internship program with the Green Empowerment.  From _____until _____ I will join other volunteers and travel to _________where I will work with ___[women, children, environment, microfinance, specific organization etc]___.  I will spend my time__[explain in further detail, such as the following description]:_ working with children and helping out at the orphanage, and constructing a home for a needy family in the area.  The homes I will help build will have a cement floor, windows, door and two rooms. They cost about $3,000 in materials. They are simple, but are a significant improvement from what many people in this area have for homes.

 

I am excited about the opportunity to both learn and serve during my break between semesters.  I am writing to ask if you would be my partner in this service project through your financial support. The project will cost $_______ (which covers airfare, room and board, ground transportation, and building materials for our house).  If you could contribute with $______, you would directly help by [list something specific that such an amount will cover, e.g. buying the ticket, housing costs, materials for your project, etc.]__ Your gift would be fully tax-deductible.

 

Please make any checks payable to: Green Empowerment and mailed to 140 SW Yamhill St., Portland, OR 97204  (please put my name in the memo area so you can receive a letter from Green Empowerment  acknowledging your contribution as tax deductible).  If you prefer, you can also send the check to me, but please do not write it in my name. I would really appreciate any contribution you can make!  I am excited about being part of this experience. Your support and encouragement, whether through financial means or otherwise, is always welcomed. I appreciate your consideration and I look forward to sharing with you all that I experience while abroad.

 

Thank you and best regards,

 

______________________

 


 

For questions, please contact the Director of Service Learning, Jason Selwitz: This e-mail address is being protected from spambots, you need JavaScript enabled to view it
 

 

 

 

 

   
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