New Zealand Institute of Chartered Accountants




 

Fundraising

 

Fundraising  is a team responsibility. The team might consist of the chair,  members of the management committee and staff.  Develop a project proposal, prepare a detailed project plan including a timeline and a budget so you can  monitor progress and evaluate financial. success. Remember many of the cost will be up front so you will need to manage your cash resources and ensure your planning for the event will achieve sufficient revenue to cover those costs as well as a surplus.

 

There are many kinds of fundraising including:
 

  • trust and grant applications
  • special events
  • sponsorship
  • direct mail or telephone appeals


You may get some useful ideas from the following Publications from the internet:

 

 

Street Appeals

 

Street appeals present a valuable opportunity to:

  • raise your organisation’s profile in the community
  • interact with current and potential supporters
  • raise funds

 

They are also hard work! The key to an effective street appeal is planning, detailed prior arrangements and good organisation on the day.

 

Planning

 

The management team should make decisions about:

 

  • area to be covered (one town, a suburb, the city, region or nation)
  • proposed dates considering other events that may help or hinder your organisation’s profile
  • resources to be committed (staff, advertising and so on)
  • check the calendar of the Fundraising Institute to ensure your street appeal does not clash with any other event
  • register your event with the Institute if necessary to warn other groups you have selected that date
  • this may need to be done more than a year in advance

 

Prior Arrangements

 

The best way to think about these are in terms of area covered and resources required.

 

Area

 

  • map the area with prime sites (high foot traffic) and secondary sites
  • obtain local council approval (At least six months lead time)
  • obtain approval from local shopping mall or supermarket management to operate in their environs (be careful that you do not incur clean up fees by making a leaflet drop in a proprietary parking lot)
  • notify bank of possible large cash collection

 

Resources


The coordinator should

 

  • break the coverage down into time slots so that these can be portioned out
  • appoint local paid or volunteer coordinators to appoint/find
  • funds collectors for time slots
  • collection points for distribution of buckets
  • timetable couriers to pick up buckets of cash and take to central base
  • appoint people to count cash when it comes in
  • ensure that all collectors have appropriate identification and the buckets are well marked with your organisations name and brand.
  • if you have a “thankyou” to give to donors then make sure there are sufficient
  • ensure you have sufficient people to make sure that cash is always counted by at least two people together and receipted at the time of counting.
  • ensure you have adequate security in place until you get your cash to the bank
  • consider special out of hour arrangements with the bank or use an out of hours deposit box (key required)
  • consider health and safety issues and instructions about what to do if someone steals your collection buckets


Organisation on the day

 

  • the coordinator needs to have all equipment (buckets, identification, stickers etc) available early
  • collectors should collect their equipment and make their way to their collection spots
  • regular cell phone or physical contact with collectors is important and collectors should know who will be coming to collect cash and when.
  • at the end of the day gather collectors together to “debrief” and make sure that all cash has been collected in.

 

And remember – volunteers are more likely to continue to support your organisation when they are appreciated!

 

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