You Need Money For Your Nonprofit Project? Here's How To Get It

6 October 2018
 Categories: Finance & Money, Blog

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Whether you run a nonprofit gym or have a humane center where you take care of animals — or any type of community nonprofit organization — your largest concern after finding volunteers to assist your project efforts is securing funds. Since you don't make money with your projects, you rely on your local community to keep your business running, which is hard to do.

When you don't know how much money you'll have to make ends meet every month, the stress over finances is unending. Luckily, you can ask your local city or town for assistance. Here are ways you can get money for your nonprofit projects.

Create a service

Create a service the community benefits from that they can donate to in order to receive. For example, if you run a dog shelter, offer dog grooming or baths to the community. People can get their pets groomed and will donate as a result. If you run a soup kitchen, offer meals to local patrons for donation as well. You're already doing these services within your business for those who need it anyway, so branching out to include the community is not a large stretch and helps you earn money. As a bonus, you end up promoting your nonprofit as well.

Start a raffle

A raffle is a type of game where people buy tickets in the hopes of winning a prize. You can donate a raffle prize and list your raffle on social media, in the local paper, and in other ways to raise money. Each raffle ticket can be modestly priced and remember; there is only one winner of the entire raffle, so you don't have to have a prize for each ticket sold. You can do raffles several times a year to raise money as needed during major holidays or other events. Use your nonprofit manager to help you promote and organize a raffle for your business.

Talk to your community

Sometimes the best way to get money for your nonprofit project is to actively express your need for money. Contact your local newspaper and ask for an interview to express what your nonprofit is all about, why you need money, and most importantly, what you intend to do with the funds. You can then ask your community members to donate and leave contact information for donating. When you use fundraising correctly, you can get the money you need to make your nonprofit successful.

For more information, contact your local nonprofit management services.