Community-based Organizations - Fundraising

Fundraising

Fundraising for community organizations can be very different from that of charities and larger nonprofits, which benefit from endowments, institutional and government grants, individuals, and other diverse funding sources.

Smaller community organizations typically rely on donations (monetary and in-kind) from local community members and sponsorship from local government and businesses. In Canada, for example, slightly over 40% of the community organizations surveyed had revenue under C$30,000. These organizations tend to be relationship based and people-focused. Across all sizes, Canadian community organizations rely on government funding (49%), earned income (35%), and gifts and donations (13%).

Community fundraisers can take a people-focused approach to fundraising. Relationship building is a key part of the people-focused approach. Relationship-building communicates the benefits that the organization offers to the local community. Open days and other such events are very valuable relationship-building events.

Read more about this topic:  Community-based Organizations