Charity can done by anyone at any time and by any means. Crowd source funding can be just another way to raise funds for charity. A crowd source funding can raise funds for the cause in a manner comparable to no other means.
Requisites of charity fundraising
Motivation is the basis of all fundraising whether personal cause or other. Until and unless the fundraiser is excited about the cause, he could not gather funds by any means including crowd source funding.Another requisite for crowd source funding for charity is an event idea; some of the ideas might be Angel hug, Treasure hunt, Talking puppets, Block Party, Darts Tournament, Collection Boxes, Hiking, Musical Recital, Xmas Ball etc. Entry fees on these crowd source funding events are the main source of funds collected.
Common mistakes while crowd source funding
Mistakes are always unwanted, be it any field. An error in the field of crowd source funding takes you away from your targeted monetary goal of fundraising charity. Hence it is very important to know about the most common blunders which might be preventing you from reaching your target.
- Uneven use of potential: An underutilised potential of the people involved in organising the crowd source funding event is the biggest threat to a successful charity fundraising. On a general note a charity event organising group is a small one; hence the members should stretch their efforts up to end limits in terms of both time and skills. This also leads to easy functioning of the group without overburdening a particular member or staff, thereby creating a relaxed atmosphere resulting in ample productivity.
- The portfolio missing organisation: Like any other organisation it is of utmost importance to create your portfolio. A genuine, to the point portfolio is a necessary element for crowd source funding It gives the supporters of the cause a lasting impression of your charity fundraising, thereby increasing inputs.
- Catching only the big fish:Definitely there should be a dedicated person for the funds collection from the high profile donors, but the whole organisation running after them is a fool’s behaviour. The target audience for a modest charity organisation would be of course a modest one. Smaller donations on huge scale lead to a vast range of supporters. However, if the charity organisation is itself a high profile one , then high profile donation are sure to flow in,
- Impersonal behaviour: Giving a personal touch to the crowd source funding activity can do wonders for your fundraiser. The personal touch should also reflect in your way of asking for funds from the crowd. Note that they are more likely to donate if they take you as a friend in need.
- Improper planning: ‘There is nothing like on the spot performance’, this is a fact. Whether partial or whole, some planning is must for any occasion. For crowd source funding events, beforehand planning and preparation are a must; otherwise you would end up making a mockery of yourself and of the cause at the venue. To stick to the plan it is important to jolt down the plan points and distribute copies of it to the members of the organisation.
