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Rather than simply waiting for donations to come to your nonprofit or charitable organization, it is far preferable to plan and organize an effective fundraising campaign that provides a solid financial basis for current operations and future needs. Strategic fundraising is more than simply going through a checklist of donors and sending the same form letters to each one. Here are 10 tips to help your organization engage in more effective strategic fundraising:

  1. Economic conditions. During difficult economic times, it may make more sense to solicit smaller donations from a much larger pool of potential donors. This allows individuals and companies to contribute without placing an undue financial burden on any one person or group.
  2. Manage your expectations. Be realistic about the likely results of your fundraising campaign. This will allow you to plan future financial expenditures more effectively.
  3. Time your appeals wisely. While Christmas is a season of need for many charitable organizations, it is also the time of year when many individuals and families are least financially able to donate due to gift purchases, travel expenses and other holiday obligations. Plan your campaigns for before or after Christmas in order to achieve the best returns.
  4. Reach out to the local community. Even national and international organizations incorporate grassroots activities into their strategic fundraising plans. By involving local businesses and organizations in the fundraising activities of your charity or nonprofit, you can often achieve far better results and raise awareness of your organization in local media, thus increasing donations both immediately and well into the future.
  5. Rely on volunteers. While financial donations are essential for the continued health of your nonprofit or charity, volunteers who give their time and efforts can be equally important. By using volunteer labor to perform necessary tasks, your organization can use monetary donations to directly address urgent needs.
  6. Outline a schedule. Your organization should maintain a schedule of fundraising ideas and activities for at least six months into the future. By planning ahead, you can ensure sufficient lead time for publicizing and preparing for these events. Situations change, so remaining flexible is essential; however, by scheduling events well in advance you can be certain that everything is in place and ready to help make your fundraising activities successful.
  7. Write it down. The power of the printed word cannot be overestimated when planning a fundraising strategy. Write down your plans and then carry them through.
  8. Work toward a goal. By establishing a fundraising goal and working to attain that goal, your organization can often achieve better results in its fundraising efforts.
  9. Keep comprehensive records. By maintaining records of each contact with potential donors and the work that has been done so far in your fundraising efforts, you can ensure that you are not duplicating efforts or neglecting to follow up with interested donors.
  10. Prioritize. By investing additional effort where it is mostly likely to produce results, your organization can often achieve better fundraising figures without the additional investment of time or money.

Strategic fundraising can help your organization position itself effectively and maintain a solid reputation in the eyes of the public. By making a plan and managing your fundraising strategy effectively, you can ensure the financial stability of your organization and produce a steady stream of donations to fund the activities of your nonprofit or charitable organization.

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