Fundraising events are a popular form of fundraising. While they can be great money makers for an organization, they can also be time consuming and expensive. The success of events depends on careful planning. (Yes, you should have a written event plan for every event you hold!)
To help you ensure that your fundraising
event is a winner, here are ten major components that you must incorporate into
your event plan:
1. Purpose:
Before doing anything else, you must decide
what the purpose of your event is. Is this truly a fundraising event? Or does
it have other goals? Perhaps your organization may be hoping to raise money at
the event, but the main function of the event is to gain publicity, or reach
out to a new network.
Many charitable events have more than one goal. Figuring
out the details for your event will depend on knowing what goals you are trying
to achieve.
2. Fundraising Goal:
In conjunction with the event host committee,
organization staff, and key fundraisers, you must decide what amount of money
you plan to raise at the event. If this is truly a fundraising event, then
everything in the event plan will be geared to raising this specific amount of
money.
The amount you choose should be what you hope to net, that is, the
amount you plan to raise after expenses are deducted.
3. Budget:
Every fundraising event plan should contain a
complete budget listing all of the expenses that will be required to hold the
event. Your budget should include staff, invitations, space rental, catering,
entertainment, transportation, security, utilities, and anything else that will
be required to make the event a success.
Your budget should take into account
your fundraising goal, ensuring that you raise that amount above and beyond all
expenses. Be sure to leave a little extra room in your budget for unforeseen
costs.
4. Leadership:
As part of your fundraising efforts, your
event will most likely have a “host committee” and one or more “host committee
chairpersons.” These people are responsible for contributing substantial
amounts to the event and encouraging others to do the same. The host committee
is generally composed of wealthy donors, business leaders, or local
celebrities.
The host committee and chairpersons are not responsible for
actually running the event, but are integral to ensuring that you reach your
fundraising goals.
5. Target Audience:
Who is the target audience for your event? Is
this a general fundraiser where everyone will be invited? Or is this event
geared towards a specific group like business people, parents, or young
professionals? In short, you must decide whom you will invite to your event.
6. Set – Up:
Your event staff should plan the event set-up
well in advance. The set-up includes all of the particulars of the actual
event: Where will it be? Will food be served? Will there be entertainment? What
kind of dress will be required? What is the itinerary for the event?
7. Marketing:
Just like a new product, your event needs to
be aggressively marketed to your target audience. You need to convince your
supporters that your organization and event are worthy of their time and money.
Draw up an entire marketing plan for the event. Possible methods of “getting
the word out” include: using your non-profit’s fundraising network, mailed
invitations, direct mail, phone banks, word of mouth and the event host
committee.
8. Sales:
Once you market your event, there must be a
procedure in place for making the actual ticket sales, or accepting donations
for the event. You must decide whether there will be different contribution
levels for the event (such as a flat ticket charge, an extra charge to be
invited to a V.I.P. reception in addition to the event, etc.).
You must decide
who will sell the tickets, how they will be shipped or delivered, and who will
be responsible for organizing the incoming information.
9. Practice:
While you probably won’t need a full
run-through of your event, it is essential that everyone who is working the
event know, ahead of time, what their responsibilities are, where they should
be during the event, and how the event is going to “#Sabi the flow.
” If you are
having a large or unusual event, the key event staff may want to have a
practice run to make sure that your operation is running smoothly.
10. Thank – You:
One of the most of heard complaints from contributors
to events, Mostly down here in Yola, is “They never even said ‘thank-you.
Make
sure that the organization takes the time to send thank-you notes to everyone
who is involved in your event, including contributors, volunteers, staff and
vendors. Keep your donors happy… you’re probably going to be asking them for
another donation sometime down the road.
I Hope this Article will help…
If it does, Share this to a friend!!!
Events Plan: 10 STEPS TO SETUP AN EVENT
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