Website design By BotEap.comDuring the economic downturn, raising money, even for the best cause, seems like a challenging undertaking. As a result, many nonprofit and philanthropic institutions, dependent on sponsorship and donations, face great challenges in funding their annual events. Despite their best efforts, nonprofit fundraisers cannot end up amassing enough money for the same. However, we have put together a detailed analysis of the ways you can reach out to potential donors even in tough economic times.

Website design By BotEap.comSpread the message of your nonprofit through social media

Website design By BotEap.comToday, many people spend hours browsing social networking sites. Therefore, using these sites, such as Facebook, MySpace, Twitter, etc., helps you reach a larger number of audiences, without investing a lot of time and money. You may not get a huge influx of donors during the recession, but you will end up attracting at least some of them to support you.

Website design By BotEap.comCreate awareness by showing the value of your cause

Website design By BotEap.comThe anxiety of not having enough funds often makes people worry about contributing even for the noblest cause. As an organizer, you must make people aware that they are giving money to a worthy cause. You can refer to your past success stories and make people aware of your purpose and goal.

Website design By BotEap.comLet people donate easily

Website design By BotEap.comProvide maximum convenience for people to donate to ensure maximum collection. Use cloud-based registration software and let people donate using the PCI compliant payment platform securely. Attendees can donate using their PayPal account or via credit and debit cards seamlessly with a single click.

Website design By BotEap.comStay in touch with board members

Website design By BotEap.comThe recession is the time to do strategic planning and find ways to get help from board members. These members are committed and have invested in your organization. If you have a healthy relationship with them, you can ask them to donate more during difficult times.

Website design By BotEap.comReallocation of resources

Website design By BotEap.comDuring the recession, most nonprofits are short of resources, such as money, staff, technology, time, etc. Therefore, you must learn to reallocate your limited resources to your fundraising company, so that you can generate profitable returns from your efforts.

Website design By BotEap.comAsk existing donors for help

Website design By BotEap.comAttracting new donation sources becomes difficult during the recession. Therefore, you should try to explore the existing ones for the same. It’s time to check your database and find the list of all those donors, who have always been very supportive of your organization. You can approach them directly for funding during the financial crisis.