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Saturday, December 24, 2011

What is the process of ideas for fundraising

    Fundraising or fund raising (also development) is the process of soliciting and gathering voluntary contributions as money or other resources by requesting donations from individuals, businesses, charitable foundations, or governmental agencies. Although ideas for fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises. Traditionally, fundraising consisted mostly of asking for donations on the street or at people's doors, and this is experiencing very strong growth in the form of face to face fundraising. But new forms of fundraising such as online fundraising have emerged in recent years, though these are often based on older methods such as grassroots fundraising.

    Many non-profit organizations take advantage of the services of professional fundraisers as these professionals have tons of ideas for fundraising. These fundraisers may be paid for their services either through fees unrelated to the amounts of money to be raised, or by retaining a percentage of raised funds (percentage-based compensation). The latter approach is expressly forbidden under the Code of Ethics of the Association of Fundraising Professionals (AFP), a professional membership body. However, by far the most common practice of American non-profits is to employ a staff person whose main responsibility is fund raising. This person is paid a salary like any other employee, and is usually a part of the top management staff of the organization. The term "professional fundraiser" is in many cases a legislated term referring to third-party firms whose services are contracted for; whereas "fundraising professionals" or development officers are often individuals or staff at charitable non-profits. Although potentially confusing, the distinction is an important one to note.

    Student councils operate in many forms. There are representative-based and modeled loosely with a President, Vice-President, secretary, treasurer, and reporter. In this form student representatives and officers are usually elected from and by the student body. In some schools, a student council representative is assigned to each class. That person passes on requests, school fundraiser ideas and complaints from students in that class to the student council. In other schools, the elected class officers are automatically members of the student council.