What is Fundraising?
Fundraising is the process of gathering voluntary financial support from individuals or organizations. Nonprofit organizations often collect funds through fundraising events and activities to allow them to financially support their advocacies.
Here are some types of fundraising:
– Direct fundraising – Asking and receiving funds from individuals.
– Corporate partnership – Working with a business to receive mutual benefits
– Crowdfunding – Receiving donations for a large group of people, usually through online platforms
– Charity auction – Organizing an event for customers to bid on items
– Peer-to-peer fundraising – Encouraging supporters to raise funds through their family and friends
– Bake sale – Collecting the proceeds from selling baked goods
– Fun run – Organizing an event where participants can donate to join the race