If you have a larger fund raising project on the horizon you would be wise to hire a fund raising organization to handle all the duties needed to be successful and get the funds you deserve. Many fund raising organizations will work on a percentage of the amount raised. With type of set up they are much more motivated to make the fundraising event as successful as possible.
The three keys to a successful fund raising organization is in their ability to organize and work with your team, handle all the books, and make contacts with potential donors and groups. Let’s look at each one of the components individually.
Working with a Team
A fund raising organization that is successful with what they do will have the skills to work with your board and all the volunteers assessing the needs, explain the task, and selling each aspect of the fund raiser to everyone involved.
Keeping Good Records
Record keeping is a very important aspect of the overall fund raiser. The fund raising organization must keep accurate records of all donations. They must also keep accurate record of all donors for future donations on other fund raising projects that you may have in the future. The fund raising organization must keep accurate records of all expenses down to the penny. This can be a very difficult task for someone who has never handled book keeping for a fund raising event before.
Working with Groups
One of the best ways to get a fund raising event off the ground is by getting your local family foundations and local nonprofit groups behind your project. If the fund raising organization has a good history working with local donors and nationwide corporations they should have the right contacts to secure funds for your group or charity.
Many of the funds that can be secured by a fund raising organization may be ongoing funds for your group. Make sure that you check around with different groups that have used a fund raising organization and find out how much clout they have working with family foundations and local private donors who give charitably to different charities.