Nonprofit Fundraising Methods: An Overview
Raising money for a charitable or nonprofit organization is always a challenge, whether in good times or bad. But you can make it easier for your nonprofit if you learn about all the different methods of fundraising, and choose those that are truly best suited to your organization.
When reviewing your options, try not to rely on only one type of fundraising, especially if it means depending on sources that could dry up all at once, such as government or foundation grants. By the same token, scattering efforts and trying every type of fundraising method simultaneously is a recipe for trouble. The wise nonprofit will carefully plan an array of fundraising methods to employ in the coming one to five years, based on its internal strengths and assets.
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